建信期货原油日报-20251230

Report Information - Industry: Crude Oil [1] - Date: December 30, 2025 [2] Investment Rating - Not provided Core Viewpoint - The short - term fundamentals of the crude oil market are neutral, and the market continues to trade based on geopolitical situations. It is advisable to wait and see in the short term. As supply remains in excess, short - selling positions can be entered at an appropriate time [7]. Summary by Directory 1. Market Review and Operation Suggestions - Market Quotes: WTI's opening price was $58.35, closing price was $56.93, with a high of $58.88, a low of $56.65, a decline of 2.43%, and a trading volume of 14.83 million lots. Brent's opening price was $61.9, closing price was $60.33, with a high of $62.26, a low of $60.16, a decline of 2.38%, and a trading volume of 16.06 million lots. SC's opening price was 441.5 yuan/barrel, closing price was 434.8 yuan/barrel, with a high of 441.8 yuan/barrel, a low of 431.9 yuan/barrel, a decline of 1.94%, and a trading volume of 7.32 million lots [6]. - News: US - Ukraine leaders met. Trump said significant progress was made in ending the Russia - Ukraine conflict, covering nearly 95% of key issues, and the situation was close to reaching an agreement. The key difference lies in the territorial issue. The US strengthened sanctions on Venezuelan crude oil, directly affecting about 400,000 barrels per day. The supply of about 150,000 barrels per day to the US is expected to be unaffected [6]. - Data: Weekly data shows that crude oil inventories continued to decline, refinery crude oil input reached the highest level in the same period in 5 years, while refined oil performance was relatively weak, with continuous inventory accumulation of gasoline and diesel, which is not conducive to maintaining high - level refinery operations. In the medium term, oversupply will continue to suppress oil prices, and there is a possibility of a new low [6]. 2. Industry News - Iranian President Pezeshkian warned the US and Israel not to launch new military attacks, or Iran will respond firmly. Trump said that the US is getting closer to reaching a Russia - Ukraine agreement, and there are one or two difficult issues in the negotiation. Ukraine may need a referendum or parliamentary approval for relevant plans [8]. 3. Data Overview - The report includes multiple data charts, such as global high - frequency crude oil inventory, EIA crude oil inventory, US crude oil production growth rate, Dtd Brent price, WTI spot price, Oman spot price, US gasoline consumption, and US diesel consumption [10][13][21][23]