原油周报：地缘冲突升温，国际油价上涨-20250914

Investment Rating - The report maintains a "Positive" investment rating for the oil processing industry [1] Core Insights - International oil prices have risen due to geopolitical tensions, including OPEC+ production adjustments and potential U.S. sanctions on Russia [2][8] - As of September 12, 2025, Brent and WTI oil prices were $66.99 and $62.69 per barrel, respectively, reflecting increases of 2.27% and 1.33% from the previous week [2][29] - The oil and petrochemical sector showed a mixed performance, with the sector down 0.41% while the broader market (CSI 300) rose by 1.38% [9][12] Summary by Sections Oil Price Review - Brent crude futures settled at $66.99 per barrel, up $1.49 (+2.27%) from the previous week, while WTI crude futures rose to $62.69 per barrel, up $0.82 (+1.33%) [2][29] Offshore Drilling Services - As of September 1, 2025, the number of global offshore self-elevating drilling platforms was 372, a decrease of 1 from the previous week [38] U.S. Oil Supply - U.S. crude oil production reached 13.495 million barrels per day, an increase of 72,000 barrels per day from the previous week [57] - The number of active drilling rigs in the U.S. was 416, up by 2 rigs from the previous week [57] U.S. Oil Demand - U.S. refinery crude oil processing averaged 16.818 million barrels per day, down by 51,000 barrels per day from the previous week, with a refinery utilization rate of 94.90%, up 0.6 percentage points [69] U.S. Oil Inventory - Total U.S. crude oil inventories stood at 830 million barrels, an increase of 4.453 million barrels (+0.54%) from the previous week [78] Related Companies - Key companies in the sector include China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), and China National Petroleum Corporation (PetroChina) [2]