Report Overview - The report is an EIA weekly data report released on August 7, 2025, focusing on the oil market in the United States [1] 1. Report Industry Investment Rating - Not provided 2. Core Viewpoints - The gasoline demand remains persistently low during the peak season, and the US gasoline consumption market this year is disappointing compared to previous years [1][6][8] - The EIA report seems bullish on the surface as both crude oil and major refined oil inventories have declined, but the weak gasoline demand undermines the positive impact [8] 3. Summary by Key Data Crude Oil Inventory - As of August 1, the US commercial crude oil inventory was 423.662 million barrels, a week - on - week decrease of 3.029 million barrels, exceeding the expected decrease of 600,000 barrels. The Cushing inventory increased by 453,000 barrels, and the strategic reserve inventory increased by 235,000 barrels [2][3] Refined Oil Inventory - Gasoline inventory decreased by 1.323 million barrels, exceeding the expected decrease of 400,000 barrels. Distillate oil inventory decreased by 565,000 barrels, contrary to the expected increase of 800,000 barrels [2] Production and Consumption Data - US crude oil production decreased by 30,000 barrels per day to 13.284 million barrels per day. Net imports decreased by 794,000 barrels per day to 2.644 million barrels per day. Crude oil processing volume increased by 213,000 barrels per day to 17.124 million barrels per day [3] - The four - week smoothed US crude oil terminal apparent demand decreased by 185,250 barrels per day to 20.61575 million barrels per day. Gasoline apparent demand decreased by 29,750 barrels per day to 8.912 million barrels per day. Jet fuel apparent demand decreased by 55,000 barrels per day to 1.77675 million barrels per day. Distillate oil apparent demand increased by 13,000 barrels per day to 3.52275 million barrels per day [3] 4. Report Comments Crude Oil - Last week, the US commercial crude oil inventory decreased more than expected. The refinery utilization rate reached a new high this year, rising 1.5% to 96.9%, driving an increase in crude oil processing volume. However, the processing volume is not a new high due to the decrease in refinery capacity. In addition, increased exports also contributed to the inventory decline [4] Refined Oil - Gasoline demand is continuously weak, with the four - week smoothed data below 9 million barrels per day for four consecutive weeks during the peak season. This indicates that Americans are more inclined to short - distance travel and cut travel budgets this year. Distillate oil demand is stable, and the slight decrease in inventory is mainly due to increased exports [6] 5. Market Reaction - After the data release, oil prices remained stable initially and then declined as Trump announced productive US - Russia talks and the possibility of a face - to - face meeting among the three leaders as early as next week, leading to a retreat in risk premiums [8]

主要数据一览: 截止8月1日，美国商业原油总库存为42366.2万桶，环比下降302.9万桶，超过预期的减少60万桶，交割地库欣库存增加45.3万桶。战略储备库存 增加23.5万桶。 EIA周度数据报告 2025-08-07 09:52:10 摘要:汽油需求在旺季中持续性低迷 EIA周良 脂点评 成品油方面，汽油库存减少132.3万桶，超过预期的减少40万桶，馏分油库存减少56.5万桶，与预期的增加80万桶相反。 | 单位:千桶、千桶/日 | 7月25日 | 8月1日 | 变化 | 近三月趋势 | | --- | --- | --- | --- | --- | | 美国商业原油库存 | 426691 | 423662 | -3029 | | | 库欣原油库存 | 22553 | 23006 | 453 | | | 美国战略储备库存 | 402741 | 402976 | ટર્ક | | | 美国汽油库存 | 228405 | 227082 | -1323 - | | | 美国馏分油库存 | 113536 | 112971 | -262 | | | 美国原油链总库存 | 1660512 | 1662801 | ...

交易咨询业务资格：证监许可【2012】1091号 2025-08-07原油早报 大越期货投资咨询部 金泽彬 从业资格证号：F3048432 投资咨询证号： Z0015557 联系方式：0575-85226759 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人的投 资建议。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 3.库存：美国截至8月1日当周API原油库存减少423.3万桶，预期减少184.5万桶；美国至8月1日当周EIA库 存减少302.9万桶，预期减少59.1万桶；库欣地区库存至8月1日当周增加45.3万桶，前值增加69万桶；截止 至8月6日，上海原油期货库存为524.9万桶，不变；偏多 4.盘面：20日均线偏下，价格在均线下方；偏空 5.主力持仓：截至7月29日，WTI原油主力持仓多单，多增；截至7月29日，布伦特原油主力持仓多单，多 增；偏多； 6.预期：尽管前半夜对印度仍额外加征25%的关税打击进口俄油和EIA库存全口径去库支撑油价，但后续据 纽约时报报道，特朗普打算最快在下周与俄罗斯总统普京进行面对面会晤，随后还 ...

中信期货有限公司 在途库存大幅走低 ──Kpler原油库存数据报告 CITIC Futures Company Limited 2025-08-04 研究员:李云旭 从业资格号 F03141405 投资咨询号 Z0021671 6月以来全球陆上原油库存相对维稳，但7月18日至8月4日期间陆地与海上库存大幅走低，主要因在途船货减少，关注后期回溯调整情况。分 区域来看，近一周中国、印度库存走低,欧洲、俄罗斯、中东库存回升。 风险提示:Kpler对数据进行回溯调整。 2025 2022 - 2021 - 2023 千桶 250000 3700000 200000 3600000 150000 3500000 100000 3400000 3300000 50000 第1周 第5周 第9周 第13周 第17周 第21周 第25周 第29周 第33周 第41周 第45周 第49周 第53周 图表 3: 全球原油浮仓 2024 - 2023 2022 - - 2021 ~~/ 第9周 第13周 第17周 第21周 第25周 第29周 第33周 第37周 第41周 第45周 第49周 第53周 第5周 第1周 图表 2: ...

Report Industry Investment Rating - Not provided Core Views of the Report - This week, oil prices rose and then fell, with the month spreads of the three major crude oil markets increasing. Trump issued a secondary tariff warning to Russia. If Russia does not agree to a major peace agreement with Ukraine, a 100% tariff will be imposed on countries buying Russian oil, which makes the market worried about a decline in global crude oil supply. Although Russian crude oil exports have decreased, even in the case of extreme sanctions, it will not change the oversupply pattern. The market tends to think that the near - end month spreads will strengthen, and take a wait - and - see attitude towards medium - term absolute prices. [6] - OPEC decided to increase the oil production increase in September and implement a production adjustment of 547,000 barrels per day starting from September. With OPEC's "guaranteed production commitment", oil prices dropped rapidly, and Brent crude oil fell below the $70 per barrel mark. [6] - Macroscopically, Trump postponed the effective time of the 15% - 41% reciprocal tariffs on goods exported to the US from 67 trading partners by one week, giving countries a window period for negotiation. The July non - farm payrolls data was disappointing, the market employment deteriorated, and the market urgently bet on a rate cut in September. [6] - Fundamentally, global oil stocks decreased slightly this week, about 2% higher than the same period last year. US commercial inventories increased significantly, the number of oil rigs decreased again, gasoline stocks decreased while diesel stocks increased. Global refinery profits declined this week, and the refinery operation is coming to an end. The absolute price of oil is expected to continue to fall after OPEC+'s statement, but there is still support in reality. It is expected to fall to $55 - 60 per barrel in the fourth quarter. [6] Summary by Relevant Catalogs 1. Price Data - From July 30 to August 5, 2025, WTI crude oil price dropped from $70.00 to $65.16, a decrease of $4.84; BRENT crude oil price dropped from $73.24 to $67.64, a decrease of $5.60; DUBAI crude oil price dropped from $70.85 to $69.56, a decrease of $1.29. [3] - During the same period, SC decreased by 5.50, OMAN decreased by 1.28, domestic gasoline decreased by 60.00, and Japan naphtha CFR decreased by 7.61. [3][14] 2. Daily News - Trump is preparing to impose new sanctions on Russia's shadow fleet. He will decide whether to impose sanctions on countries buying Russian energy after the meeting with Russia on Wednesday. There is a high possibility of imposing a 100% oil tariff on Russia, but the result is undetermined. [3][4] - The API crude oil inventory in the US for the week ending August 1 was - 4.233 million barrels, compared with an expected - 1.845 million barrels and a previous value of 1.539 million barrels. [4] 3. Regional Fundamentals - In the week ending July 25, US crude oil exports decreased by 1.157 million barrels per day to 2.698 million barrels per day, while domestic crude oil production increased by 41,000 barrels to 13.314 million barrels per day. [5] - In the same week, US commercial crude oil imports (excluding strategic reserves) were 6.136 million barrels per day, an increase of 160,000 barrels per day compared with the previous week; commercial crude oil inventories increased by 7.698 million barrels to 427 million barrels, an increase of 1.84%. [5][6][16] - The US strategic petroleum reserve (SPR) inventory increased by 238,000 barrels to 402.7 million barrels, an increase of 0.06%. The four - week average supply of US crude oil products was 20.801 million barrels per day, a year - on - year increase of 1.55%. [16]

Investment Rating - The report does not explicitly state an investment rating for the oil processing industry Core Insights - The EIA and IEA have raised their global oil supply forecasts for 2025, with predictions of 10510.89 million barrels per day and 10460.15 million barrels per day respectively, reflecting an increase from 2024 [2][33] - Global oil demand is projected to increase in 2025, with IEA, EIA, and OPEC forecasting demand at 10368.24 million barrels per day, 10353.85 million barrels per day, and 10510.00 million barrels per day respectively [2][33] - Oil prices have shown a decline in the first half of 2025, with Brent crude down by 9.77% and WTI down by 10.78% since the beginning of the year [3][9] Summary by Sections Oil Supply - IEA, EIA, and OPEC predict global oil supply for 2025 at 10510.89, 10460.15, and 10396.00 million barrels per day respectively, with year-on-year increases of +209.60, +180.46, and +161.06 million barrels per day [2][33] - For Q3 2025, the predicted supply increases are +251.25, +226.71, and +171.59 million barrels per day [33] Oil Demand - The demand forecasts for 2025 are 10368.24 million barrels per day (IEA), 10353.85 million barrels per day (EIA), and 10510.00 million barrels per day (OPEC), with increases from 2024 of +70.42, +79.72, and +126.00 million barrels per day respectively [2][33] Oil Prices - As of July 23, 2025, Brent crude is priced at 68.51 USD/barrel, WTI at 65.25 USD/barrel, with respective declines of -2.85% and -4.76% over the past month [3][9] Oil Inventory - Predictions for global oil inventory changes in 2025 are +142.65 million barrels per day (IEA), +106.29 million barrels per day (EIA), and -114.00 million barrels per day (OPEC), with an average change of +44.98 million barrels per day [28][2] Related Companies - The report mentions several related companies including China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), and PetroChina [4]

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core Viewpoints - Overnight crude oil prices opened lower and rebounded, remaining in a low - level volatile state. Trump's remarks increased concerns about US sanctions on Russian oil. The IEA raised the global crude oil surplus forecast for 2025 but also mentioned a "near - term peak - season tightness." This week, the situation regarding sanctions and subsequent trade tariff issues is expected to become clearer, and the market will experience significant fluctuations. Short - term prices are expected to range between 507 - 513, and long - term investors are advised to add to their long positions on dips [3]. - The short - term market is driven by geopolitical conflicts, while in the long - term, it awaits the peak summer demand season [6]. 3. Summary by Directory 3.1 Daily Prompt - **Fundamentals**: US envoy Witkoff is expected to visit Russia on Wednesday. Trump set a Friday deadline for Russia to end the Ukraine war, threatening new sanctions otherwise. Trump also plans to significantly increase tariffs on Indian goods due to India's purchase and resale of Russian oil. Venezuelan oil exports in July decreased by about 10% month - on - month due to partners awaiting US approval for business expansion [3]. - **Basis**: On August 4, the spot price of Oman crude was $71.20 per barrel, and that of Qatar Marine crude was $70.51 per barrel, with a basis of 8.96 yuan/barrel, indicating that the spot price was at par with the futures price [3]. - **Inventory**: US API crude inventory for the week ending July 25 increased by 1.539 million barrels, contrary to the expected decrease of 2.5 million barrels. EIA inventory for the same period increased by 7.698 million barrels, against the expected decrease of 1.288 million barrels. Cushing area inventory increased by 690,000 barrels. As of August 4, the Shanghai crude oil futures inventory remained unchanged at 5.249 million barrels [3]. - **Market Chart**: The 20 - day moving average was flat, and the price was above the average [3]. - **Main Positions**: As of July 29, the main long positions in WTI and Brent crude oil increased [3]. 3.2 Recent News - Trump plans to raise tariffs on Indian goods due to India's large - scale purchase and resale of Russian oil. In 2023, India became the largest market for Russian crude oil, and last year, Russia supplied about 550 million barrels of crude oil to India, while the US only exported 52 million barrels [5]. - The EU will suspend two counter - measures against US tariffs for six months according to an agreement with the US [5]. - San Francisco Fed President Daly said that the time for interest rate cuts is approaching, and well - known bond fund manager Gundlach believes the Fed will cut rates twice this year [5]. 3.3 Long - Short Focus - **Positive Factors**: The US may impose secondary sanctions on Russian energy exports, and summer demand is starting to rise [6]. - **Negative Factors**: OPEC+ has increased production for three consecutive months, and the US has tense trade relations with other economies [6]. 3.4 Fundamental Data - **Futures Quotes**: The settlement prices of Brent, WTI, SC, and Oman crude oil decreased by - 1.31%, - 1.54%, - 2.14%, and - 3.46% respectively [7]. - **Spot Quotes**: The prices of UK Brent, WTI, Oman, Shengli, and Dubai crude oil decreased, with declines ranging from - 0.59% to - 3.77% [9]. - **Inventory Trends**: API and EIA inventories showed different trends from May to July. API inventory increased by 1.539 million barrels in the week ending July 25, and EIA inventory increased by 7.698 million barrels during the same period [10][13]. 3.5 Position Data - **WTI Crude Oil**: As of July 29, the net long position increased by 2,692 [17]. - **Brent Crude Oil**: As of July 29, the net long position increased by 33,959 [18].

Report Industry Investment Rating - Not provided in the content Core Viewpoints - Last week, crude oil showed a trend of rising first and then falling. Trump's extreme pressure on Russia triggered supply concerns and pushed up the geopolitical premium, but the implementation of subsequent measures remains to be observed. In the second half, due to the over - rise correction of the market, the non - farm payrolls data in the US falling short of expectations and the downward revision of the previous value, the fear of economic recession reignited, the VIX index soared, and the capital flight impacted the market, leading to the decline of crude oil. The result of the OPEC+ meeting was in line with expectations. It will increase production by 547,000 barrels per day in September and end the first - stage production restoration ahead of schedule. The subsequent policy will be discussed at the meeting on September 7. Recently, attention should be paid to the macro - sentiment, tracking the VIX index and the US stocks [4] Market Trends - OPEC+ agreed to continue significant production increases in September and exit the current round of production cuts one year ahead of schedule. Eight member countries of OPEC+ reached a resolution to increase production by 548,000 barrels per day in September through a video conference, marking that the organization completed the current - stage supply restoration plan one year ahead of schedule and fully exited the 2.2 million barrels per day production cut agreement implemented by eight member countries since 2023, including the UAE's additional phased production increase quota. Another voluntary production cut agreement of about 1.66 million barrels per day will be re - evaluated by the end of December. This production increase marks a strategic shift of OPEC and its partners from defending oil prices to releasing production capacity, effectively suppressing the impact of geopolitical tensions and seasonal demand peaks on oil prices [4] - As the oil prices in the Middle East rise, Asia will increase its imports of US WTI crude oil in the fourth quarter. Due to the strong demand for high - sulfur crude oil in Asia, the prices of Dubai crude oil and Murban crude oil, the benchmark prices of Middle Eastern crude oil, have risen this month, narrowing the price difference with the low - sulfur light US WTI crude oil. The WTI arbitrage window for Asia has been wide open in the past week, especially for ships arriving in early November. US crude oil producer Occidental Petroleum has sold WTI crude oil to Japanese refiner Taiyo Oil at a premium of about $3.50 per barrel over the October Dubai crude oil quote for delivery in October [5] - The Iranian foreign minister stated that the US needs to compensate for the losses in the conflict before the nuclear negotiations can restart. Iran has set new conditions for restarting the nuclear negotiations with the Trump administration. The US must compensate Iran for the losses caused during the Iran - Israel conflict last month. Iran will not agree to resume negotiations without addressing these issues [5] - The annual rate of the US core PCE price index in June was 2.8%, higher than the expected 2.70%, and the previous value was revised from 2.70% to 2.8%. The monthly rate of the core PCE price index in June was 0.3%, in line with expectations and higher than the previous value of 0.20%. The overall PCE index including food and energy rose 0.3% month - on - month and 2.6% year - on - year, respectively higher than the market expectations of 0.23% and 2.5%. The personal consumption expenditure price index rose 0.3% month - on - month, pushing the annual rate to 2.6%, the highest level since February. Weak spending is due to the cooling of the labor market. Real disposable income remained flat after falling in May, and wages and salaries hardly increased. The July employment report is expected to show a continued slowdown in recruitment and a slight rise in the unemployment rate. The savings rate remained at 4.5%. After the data was released, the spot gold fluctuated slightly in the short term, and the US dollar index rose slightly in the short term [6] - The total number of US oil rigs in the week ending August 1 was 410, compared with 415 in the previous week. As of the week ending July 29, speculators' net long positions in Brent crude oil on the Intercontinental Exchange increased by 33,959 lots to 261,352 lots. In the week ending July 29, speculators' net long positions in NYMEX WTI crude oil increased by 1,752 lots to 87,840 lots [7] EIA Weekly Inventory - As of the week ending July 25, the total US crude oil inventory including strategic reserves was 829.432 million barrels, an increase of 7.94 million barrels from the previous week; the US commercial crude oil inventory was 426.691 million barrels, an increase of 7.7 million barrels from the previous week; the total US gasoline inventory was 228.405 million barrels, a decrease of 2.73 million barrels from the previous week; the distillate oil inventory was 113.536 million barrels, an increase of 3.64 million barrels from the previous week. The crude oil inventory in Cushing, Oklahoma, was 22.553 million barrels, an increase of 0.69 million barrels. The US strategic petroleum reserve was 402.741 million barrels, an increase of 0.24 million barrels. The crude oil inventory was 1.47% lower than the same period last year and 6% lower than the average of the past five years; the gasoline inventory was 2.08% higher than the same period last year and 1% lower than the average of the past five years; the distillate oil inventory was 10.49% lower than the same period last year and 16% lower than the average of the past five years [8] - As of the week ending July 25, the US daily crude oil production was 13.314 million barrels, an increase of 41,000 barrels from the previous week and an increase of 14,000 barrels from the same period last year; the total processing volume of US refineries was 16.911 million barrels per day on average, a decrease of 25,000 barrels from the previous week; the refinery utilization rate was 95.4%, a decrease of 0.1 percentage points from the previous week [8] - The increase in the US EIA crude oil inventory in the week ending July 25 was the largest since the week ending January 31, 2025. The decrease in the US EIA gasoline inventory in the week ending July 25 was the largest since the week ending April 25, 2025. The increase in domestic crude oil production in the week ending July 25 was the largest since the week ending March 7, 2025 [9]

1. Report Industry Investment Rating No relevant information is provided in the given content. 2. Core Viewpoints of the Report - This week, the weekly average prices of Brent/WTI crude oil futures were $71.6/$68.5 per barrel, up $2.8/$2.7 per barrel from last week. The total US crude oil inventory, commercial crude oil inventory, strategic crude oil inventory, and Cushing crude oil inventory were 8.3/4.3/4.0/0.2 billion barrels, with a week - on - week increase of 7.94/7.7/0.24/0.69 million barrels respectively. US crude oil production was 13.31 million barrels per day, up 40,000 barrels per day week - on - week. The number of active US crude oil rigs was 410 this week, down 5 week - on - week, and the number of active US fracturing fleets was 168, down 1 week - on - week. US refinery crude oil processing volume was 16.91 million barrels per day, down 30,000 barrels per day week - on - week, and the refinery crude oil utilization rate was 95.4%, down 0.1 pct week - on - week. US crude oil imports, exports, and net imports were 6.14/2.7/3.44 million barrels per day, with a week - on - week change of +160,000/ - 1.16 million/+1.32 million barrels per day respectively [2]. - The weekly average prices of US gasoline, diesel, and jet fuel were $92/$101/$90 per barrel, with a week - on - week change of +$2.9/ - $2.0/ - $4.1 per barrel respectively. The price spreads with crude oil were $20/$30/$19 per barrel, with a week - on - week change of +$0.6/ - $4.3/ - $6.3 per barrel respectively. US gasoline, diesel, and jet fuel inventories were 2.3/1.1/0.4 billion barrels, with a week - on - week change of - 2.72/ + 3.64/ - 2.11 million barrels respectively. US gasoline, diesel, and jet fuel production was 10.04/5.21/1.87 million barrels per day, with a week - on - week change of +680,000/+130,000/ - 10,000 barrels per day respectively. US gasoline, diesel, and jet fuel consumption was 9.15/3.61/2.09 million barrels per day, with a week - on - week change of +190,000/+260,000/+410,000 barrels per day respectively. US gasoline imports, exports, and net exports were 120,000/890,000/770,000 barrels per day, with a week - on - week change of - 40,000/+170,000/+200,000 barrels per day respectively; US diesel imports, exports, and net exports were 230,000/1.31 million/1.09 million barrels per day, with a week - on - week change of +110,000/ - 120,000/ - 230,000 barrels per day respectively; US jet fuel imports, exports, and net exports were 60,000/150,000/80,000 barrels per day, with a week - on - week change of - 90,000/ - 110,000/ - 30,000 barrels per day respectively [2]. - Recommended companies include CNOOC Limited (600938.SH/0883.HK), PetroChina Company Limited (601857.SH/0857.HK), Sinopec Corporation (600028.SH/0386.HK), CNOOC Oilfield Services Limited (601808.SH), Offshore Oil Engineering Co., Ltd. (600583.SH), and CNOOC Energy Technology & Services Limited (600968.SH). Companies to be noted include Sinopec Oilfield Service Corporation (600871.SH/1033.HK), China National Petroleum Corporation Engineering Co., Ltd. (600339.SH), and Sinopec Mechanical Engineering Co., Ltd. (000852.SZ) [3]. 3. Summary by Relevant Catalogs 3.1 Crude Oil Weekly Data Briefing - **Upstream Key Company Price Movements**: This section presents the price, price changes in the recent week, month, three - month, one - year periods, and year - to - date price changes of multiple upstream companies such as CNOOC, PetroChina, and Sinopec, along with their market capitalization and valuation data [8]. - **Crude Oil Price**: The weekly average prices of Brent, WTI, Russian Urals, and Russian ESPO crude oils were $71.6, $68.5, $67.2, and $67.8 per barrel respectively, with week - on - week increases of $2.8, $2.7, $2.3, and $2.9 per barrel respectively. The LME copper spot price was $9,165 per ton, down $653.5 week - on - week, and the US dollar index was 100, up 2.6 week - on - week [8]. - **Crude Oil Inventory**: The total US crude oil inventory, commercial crude oil inventory, strategic crude oil inventory, and Cushing crude oil inventory were 8.3/4.3/4.0/0.2 billion barrels, with a week - on - week increase of 7.94/7.7/0.24/0.69 million barrels respectively [2][8]. - **Crude Oil Production**: US crude oil production was 13.31 million barrels per day, up 40,000 barrels per day week - on - week. The number of US crude oil rigs was 410, down 5 week - on - week, and the number of US fracturing fleets was 168, down 1 week - on - week [2][8]. - **Refinery Data**: US refinery crude oil processing volume was 16.91 million barrels per day, down 30,000 barrels per day week - on - week, and the refinery utilization rate was 95.4%, down 0.1 pct week - on - week. The utilization rate of Chinese local refineries was 51.0%, up 0.95 pct, and that of Chinese major refineries was 84.0%, up 0.05 pct [8]. - **Crude Oil Import and Export**: US crude oil imports, exports, and net imports were 6.14/2.7/3.44 million barrels per day, with a week - on - week change of +160,000/ - 1.16 million/+1.32 million barrels per day respectively [2][8]. - **Product Oil Data**: It includes the price, price spread, inventory, production, consumption, and import/export data of product oils in the US, China, Europe, and Singapore [9]. - **Oilfield Services Data**: The weekly average daily rates of offshore jack - up drilling platforms and semi - submersible drilling platforms are provided [9]. 3.2 This Week's Petroleum and Petrochemical Sector Market Review - **Petroleum and Petrochemical Sector Performance**: No specific performance data is provided in the given content, only the section title is mentioned [11]. - **Performance of Sector Listed Companies**: The price, market capitalization, and price changes in the recent week, month, three - month, one - year periods, and year - to - date price changes of multiple listed companies in the sector are presented, along with their valuation data [22][23]. 3.3 Crude Oil Sector Data Tracking - **Crude Oil Price**: Analyzes the prices and price spreads of Brent, WTI, Urals, ESPO crude oils, as well as the relationship between the US dollar index, copper price, and WTI crude oil price [28][30][40]. - **Crude Oil Inventory**: Discusses the relationship between US commercial crude oil inventory and oil prices, the weekly drawdown rate of US commercial crude oil inventory and the change rate of Brent oil prices, and presents the data of US total crude oil inventory, commercial crude oil inventory, strategic crude oil inventory, and Cushing crude oil inventory [43][44][53]. - **Crude Oil Supply**: Analyzes US crude oil production, the number of crude oil rigs, and the number of fracturing fleets, as well as their relationship with oil prices [57][59][61]. - **Crude Oil Demand**: Presents US refinery crude oil processing volume, refinery utilization rate, and the utilization rates of Chinese local and major refineries [65][69][72]. - **Crude Oil Import and Export**: Analyzes US crude oil imports, exports, net imports, and the import/export and net import data of crude oil and petroleum products [76][81]. 3.4 Product Oil Sector Data Tracking - **Product Oil Price**: Analyzes the relationship between international oil prices and domestic gasoline, diesel retail prices, and presents the prices and price spreads of product oils in different regions such as the US, China, Europe, and Singapore [87][114][120]. - **Product Oil Inventory**: Presents the inventory data of gasoline, diesel, and jet fuel in the US and Singapore [127][131][137]. - **Product Oil Supply**: Presents the production data of gasoline, diesel, and jet fuel in the US [143][145][146]. - **Product Oil Demand**: Presents the consumption data of gasoline, diesel, and jet fuel in the US, as well as the number of US airport passenger screenings [149][150][156]. - **Product Oil Import and Export**: Analyzes the import/export and net export data of gasoline, diesel, and jet fuel in the US [161][166][167]. 3.5 Oilfield Services Sector Data Tracking - Presents the average daily rates of jack - up drilling platforms and semi - submersible drilling platforms in the oilfield services industry [175][180].

行业 原油日报 日期 2025 年 7 月 30 日 021-60635738 lijie@ccb.ccbfutures.com 期货从业资格号：F3031215 021-60635737 renjunchi@ccb.ccbfutures.com 期货从业资格号：F3037892 028-8663 0631 penghaozhou@ccb.ccbfutures.com 期货从业资格号：F3065843 021-60635740 pengjinglin@ccb.ccbfutures.com 期货从业资格号：F3075681 021-60635570 liuyouran@ccb.ccbfutures.com 期货从业资格号：F03094925 研究员：李金（甲醇） 021-60635730 lijin@ccb.ccbfutures.com 期货从业资格号：F3015157 021-60635727 fengzeren@ccb.ccbfutures.com 期货从业资格号：F03134307 能源化工研究团队 研究员：李捷,CFA（原油沥青） 研究员：任俊弛（PTA、MEG） 研究员：彭浩洲（工业硅碳市场） 研究员 ...