Group 1: Report Overview - Report Type: Crude Oil Daily Report [1] - Date: August 14, 2025 [2] Group 2: Research Team - Energy and Chemical Research Team Members: Li Jie (Crude Oil and Asphalt), Ren Junchi (PTA, MEG), Peng Haozhou (Industrial Silicon and Carbon Market), Peng Jinglin (Polyolefins), Liu Youran (Pulp), Feng Zeren (Glass and Soda Ash) [4] Group 3: Market Review and Operation Suggestions - Market Performance: WTI's opening price was $64.00, closing at $63.08, with a high of $64.34, a low of $63.06, a decline of 1.38%, and a trading volume of 26.96 million hands; Brent's opening price was $66.8, closing at $66.11, with a high of $67.06, a low of $65.98, a decline of 0.78%, and a trading volume of 22.81 million hands; SC's opening price was 491.7 yuan/barrel, closing at 489.5 yuan/barrel, with a high of 493.6 yuan/barrel, a low of 486.7 yuan/barrel, a decline of 0.97%, and a trading volume of 7.75 million hands [6] - Inventory Data: As of the week of August, US crude oil inventories increased by 1.519 million barrels week - on - week, exceeding market expectations, while gasoline inventories decreased [6] - Market Analysis: US and Russian leaders are about to have direct talks. The US hopes to pressure Russia - Ukraine to cease fire through sanctions. Russian crude oil has a relatively complete export channel, so the impact of sanctions is still short - term. US gasoline consumption during the peak season this year is lower than expected, and refined oil consumption is not optimistic. If the US finally imposes secondary tariffs on Russian oil, it may be an opportunity to enter short positions [7] Group 4: Industry News - IEA Monthly Report: The forecast for total global oil supply in 2025 was raised from 105.1 million barrels per day to 105.5 million barrels per day, and the forecast for 2026 was raised from 106.4 million barrels per day to 107.4 million barrels per day. The forecast for global oil demand growth in 2025 was lowered from 704,000 barrels per day to 685,000 barrels per day, and the forecast for 2026 was lowered from 722,000 barrels per day to 699,000 barrels per day [8] Group 5: Data Overview - Data Sources: Bloomberg, wind, CFTC, EIA, and the Research and Development Department of Jianxin Futures [11][12][14] - Data Charts: Include global high - frequency crude oil inventories, WTI and Brent fund positions, spot prices of WTI, Oman, and Dtd Brent, US crude oil production growth rate, and EIA crude oil inventories [13][15][19]
建信期货原油日报-20250814
Jian Xin Qi Huo·2025-08-14 01:40