Group 1 - The Hong Kong stock market is experiencing a rise in oil stocks, with notable increases in share prices for major companies [1] - CNOOC Limited (02883.HK) saw a rise of 5.63%, reaching HKD 8.82 [1] - China National Offshore Oil Corporation (00883.HK) increased by 4.55%, trading at HKD 23.46 [1] - PetroChina Company Limited (00857.HK) rose by 3.33%, with shares priced at HKD 8.7 [1] - Sinopec Limited (00386.HK) experienced a 2.94% increase, with shares at HKD 5.26 [1]

Group 1 - Oil stocks continued to rise in early trading, with CNOOC Limited (02883) up 5.75% at HKD 8.83 [1] - CNOOC (00883) increased by 4.72%, reaching HKD 23.50 [1] - PetroChina (00857) rose by 3.80%, trading at HKD 8.74 [1] - Sinopec (00386) saw an increase of 3.52%, priced at HKD 5.29 [1]

Investment Rating - The industry investment rating is "Overweight," indicating an expected outperformance of the industry index relative to the benchmark by more than 5% over the next six months [173]. Core Insights - The report highlights that the geopolitical tensions between the U.S. and Iran are supporting international oil prices, with Brent and WTI crude oil futures averaging $64.8 and $60.1 per barrel, respectively, showing a slight increase of $0.1 and a decrease of $0.1 from the previous week [2]. - U.S. crude oil production is reported at 13.73 million barrels per day, with a slight decrease of 20,000 barrels per day week-on-week, while active oil rigs increased by 1 to 411 [2]. - The report recommends several companies for investment, including China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), and China National Petroleum Corporation (PetroChina) [3]. Summary by Sections 1. Weekly Oil Data Brief - The report provides a comprehensive overview of weekly oil data, including price trends, inventory levels, production rates, and import/export statistics [5][7][8]. 2. Oil and Petrochemical Sector Performance - The oil and petrochemical sector has shown varied performance, with specific companies experiencing significant fluctuations in stock prices over the past week, month, and year [21][22]. 3. Crude Oil Data Tracking - Crude oil prices have been tracked, showing fluctuations in both Brent and WTI prices, alongside inventory levels and production data [25][26][37]. - U.S. crude oil inventories have increased, with total inventories reported at 840 million barrels, reflecting a week-on-week increase of 441,000 barrels [2][44]. 4. Refined Oil Data Tracking - The report details refined oil prices, inventory levels, production, and consumption trends, indicating a decrease in refinery throughput to 16.6 million barrels per day, down by 350,000 barrels per day [4][74]. - Refined oil inventories have also seen changes, with gasoline and diesel inventories increasing by 598,000 and 335,000 barrels, respectively [2][108]. 5. Oil Service Sector Data Tracking - The oil service sector is analyzed, focusing on the average day rates for drilling rigs and the overall performance of service companies [158][161].

Investment Rating - The report maintains a positive outlook on the petrochemical industry, indicating a favorable investment environment [4]. Core Insights - Three major institutions have raised their oil supply forecasts, with the EIA predicting a global surplus of 2.83 million barrels per day for this year [6][16]. - The EIA has adjusted its 2026 oil price forecast upward to an average of $56 per barrel, while lowering the natural gas price forecast to $3.46 per million British thermal units [7][11]. - The IEA expects a demand increase of 930,000 barrels per day in 2026, while OPEC and EIA have slightly reduced their demand forecasts [11][16]. Supply and Demand Summary - The EIA has raised its global oil supply forecast for this year by 120,000 barrels per day, while the IEA has increased its forecast by 100,000 barrels per day [13][16]. - The EIA anticipates that global oil production will rise by 1.37 million barrels per day in 2026, with OPEC+ contributing approximately 1.13 million barrels per day [15][16]. - The IEA projects a global oil supply increase of 2.5 million barrels per day in 2026, reaching 108.7 million barrels per day [16]. Price Trends Summary - The price of butadiene has surged over 28% since the beginning of the year, driven by a narrowing price spread between naphtha and ethylene [17]. - As of January 23, the spot price of butadiene reached 10,700 yuan per ton [17]. Investment Recommendations - The report recommends focusing on high-quality companies in the polyester sector, such as Tongkun Co. and Wankai New Materials, due to tightening supply and improving market conditions [21]. - It suggests monitoring major refining companies like Hengli Petrochemical, Rongsheng Petrochemical, and Dongfang Shenghong, as refining margins are expected to improve [21]. - The report also highlights the potential of offshore oil service companies like CNOOC Services and Haiyou Engineering, given the high capital expenditure in offshore exploration [21].

Investment Rating - The report maintains a "Positive" investment rating for the oil processing industry [1] Core Insights - As of January 23, 2026, international oil prices have seen a slight increase due to multiple favorable factors, including temporary production halts in Kazakhstan, an upward revision of global economic growth forecasts, the cancellation of tariffs on eight European countries by Trump, and extreme cold weather potentially affecting supply and demand [2][9] - Brent and WTI crude oil prices were reported at $65.07 and $61.07 per barrel, respectively, marking increases of 1.47% and 2.92% from the previous week [2][20] - The oil and petrochemical sector outperformed, with a 7.71% increase, while the broader Shanghai and Shenzhen 300 index fell by 0.62% [10][13] Summary by Sections Oil Price Review - Brent crude futures settled at $65.07 per barrel, up $0.94 (+1.47%) from the previous week, while WTI crude futures rose to $61.07 per barrel, an increase of $1.73 (+2.92%) [2][20] Offshore Drilling Services - As of January 19, 2026, the number of global offshore self-elevating drilling platforms was 376, a decrease of 1 from the previous week, while floating drilling platforms increased by 3 to a total of 133 [29] Oil Supply - U.S. crude oil production was reported at 13.732 million barrels per day as of January 16, 2026, a decrease of 21,000 barrels from the previous week [39] - The number of active drilling rigs in the U.S. increased by 1 to 411 as of January 23, 2026 [39] Oil Demand - U.S. refinery crude oil processing volume was 16.604 million barrels per day as of January 16, 2026, down by 354,000 barrels from the previous week, with a refinery utilization rate of 93.30%, a decrease of 2.0 percentage points [47] Oil Inventory - As of January 16, 2026, total U.S. crude oil inventories stood at 841 million barrels, an increase of 4.408 million barrels (+0.53%) from the previous week [48] Related Stocks - Key stocks in the sector include China National Offshore Oil Corporation (CNOOC), PetroChina, Sinopec, and China Oilfield Services [3]

附注 统计范围： 报告中的产量数据统计口径均为规模以上工业，其统计范围为年主营业务收入2000万元及以上的工业企 业。 上市企业：广宇发展（000537）、凯发电气（300407）、百利电气（600468）、海油工程（600583）、 渤海化学（600800）、金开新能（600821）、中海油服（601808）、博迈科（603727）、中重科技 （603135）、美腾科技（688420） 相关报告：智研咨询发布的《2026-2032年中国能源行业市场研究分析及投资前景评估报告》 2025年12月，天津市发电80.4亿千瓦时，同比增长0.9%。2025年，天津市发电771亿千瓦时，同比下滑 8.1%。分品种看，2025年，天津市火力发电量684.5亿千瓦时，占总发电量的88.8%，同比下滑10.4%； 天津市风力发电量40.3亿千瓦时，占总发电量的5.2%，同比增长35.6%；天津市太阳能发电量46.24亿千 瓦时占总发电量的6%，同比增长1.7%。 2018-2025年天津市各品种发电量累计产量统计图 数据来源：国家统计局，智研咨询整理 由于规模以上工业企业范围每年发生变化，为保证本年数据与上年可比，计算产品 ...

Investment Rating - The report maintains an "Overweight" rating for the oil and gas sector, indicating a positive outlook for investment opportunities in this industry over the next 6-12 months [5]. Core Insights - The geopolitical landscape has intensified competition for global deep-sea strategic resources, with deep-sea areas becoming a focal point for geopolitical and energy dominance [1][27]. - China's deep-sea resources hold significant strategic value, with comprehensive policy frameworks promoting high-quality development in the industry [2][29]. - China National Offshore Oil Corporation (CNOOC) is positioned as a leading player in deep-sea resource development, aiming to enhance its capabilities and expand its market presence during the 14th Five-Year Plan period [3][35]. Summary by Sections 1. Global Deep-Sea Resource Dynamics - The global utilization of marine resources has deepened, with increasing demands for food, materials, and space, leading to intensified competition in marine resource acquisition [14][17]. - The OECD predicts a compound annual growth rate (CAGR) of 3.45% for the marine economy from 2010 to 2030, with significant growth expected in offshore wind power and aquaculture [18][19]. 2. CNOOC's Strategic Positioning - CNOOC has established a comprehensive marine energy development system, covering conventional oil and gas, deep-water oil and gas, LNG, and offshore wind power [3][36]. - The company holds over 95% of China's offshore oil and gas development rights, reinforcing its dominant position in the sector [37]. 3. Policy Support for Deep-Sea Technology - The Chinese government has elevated "deep-sea technology" to a strategic emerging industry, emphasizing its importance for resource development, national defense, and technological innovation [2][28]. - A multi-level policy framework has been established to support the growth of the deep-sea technology market, ensuring sustainable development and increased contributions to the marine economy [29][31]. 4. Investment Recommendations - CNOOC is recommended as a key investment opportunity due to its strong growth in production and reserves, along with its cost advantages [39]. - Other companies in the sector, such as CNOOC Services and CNOOC Engineering, are also highlighted for their potential benefits from the ongoing development of China's marine resources [39].

证券之星消息，1月23日油服工程板块较上一交易日下跌0.22%，仁智股份领跌。当日上证指数报收于 4136.16，上涨0.33%。深证成指报收于14439.66，上涨0.79%。油服工程板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300164 | 道線石油 | 7.90 | 3.40% | 172.08万 | | 13.31 Z | | 920088 | 科力股份 | 38.66 | 2.41% | 7.61万 | | 2.887Z | | 300191 | 潜能恒信 | 23.48 | 1.51% | 21.12万 | | 4.90亿 | | 600871 | 石化油服 | 2.63 | 1.15% | 482.26万 | | 12.61亿 | | 002207 | 准油股份 | 8.94 | 0.56% | 38.31万 | | 3.38亿 | | 002554 | 惠博音 | 4.14 | 0.49% | 129.93万 | | 5.36亿 | | ...

根据中海油田服务股份有限公司（以下简称"本公司"）当前生产经营状况以及对未来发 展的理解和研判，本公司董事会发布 2026 年战略指引如下： 根据第三方机构预测，2026 年全球石油需求仍将保持稳定，全球上游勘探开发投资与 2025 年基本持平。其中，海上勘探开发资本支出总量保持稳定。国内方面，持续稳定的勘探开发环 境以及油气在当前中国能源消费结构中的重要地位，将保障一定时期内油田服务行业景气。本 公司预计，2026 年国内业务保持稳健，海外业务稳中有升。 2026 年，本公司将聚焦全面建成中国特色世界一流能源服务公司发展目标，以培育发展 海洋能源服务新质生产力为核心，持续践行"技术驱动""成本领先""一体化""国际化" "区域发展"五大发展战略，进一步实现以价值创造为中心的内涵式发展。本公司将系统谋划 产业发展布局，构建弹性充足、调配高效的大型装备资源保障体系，加快实现主要技术产品从 并跑到领跑的跨越式跃升，着力打造特色数字技术产品生态与服务体系，持续塑造"以国内为 基本盘、中东和东南亚为两翼、带动海外若干有潜力区域良性发展"的"1+2+N"市场格局。 结合公司 2025 年资本性开支实际执行情况，以及衔接 ...

证券之星消息，1月22日油服工程板块较上一交易日上涨5.02%，仁智股份领涨。当日上证指数报收于 4122.58，上涨0.14%。深证成指报收于14327.05，上涨0.5%。油服工程板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600871 石化油服 | | 2.13亿 | 15.45% | -7769.41万 | -5.63% | -1.35 Z | -9.82% | | 002629 | 仁智股份 | 5658.82万 | 21.28% | -1786.14万 | -6.72% | -3872.67万 | -14.56% | | 603727 | | 686.56万 | 2.66% | -543.31万 | -2.11% | -143.25万 | -0.56% | | 920088 科力股份 | | 564.10万 | 1.67% | -342.13万 | -1.01% | 74.29万 ...