本周三零点，国内成品油调价窗口将再度开启。记者今日从隆众资讯获悉，该机构预测届时油价将迎来 年内第二次上涨。以70升的油箱来计算，私家车主加满一箱油预计将多花11元左右。 （文章来源：第一财经） ...

布伦特原油期货自7月份以来首次收于每桶70美元上方，此前美国总统特朗普警告伊朗，要么达成核协 议，要么面临军事打击。 作为全球油价基准的布伦特原油在周四上涨3.4%，连续第三天走高。美国的WTI原油则突破65美元。随 着军事冲突风险再度升温，带来伊朗原油出口受到干扰的风险，以及假如关键运输航道遭封锁将波及全 球市场的风险，油价近期攀升。 特朗普周三在社交媒体发文称，他命令前往该地区的美国舰船已准备好在"必要时以迅猛之势"完成任 务。美联社后来援引两名巴基斯坦安全官员以及EOS Risk Group的消息报道称，伊朗向海上船只发出警 告，称计划于下周在霍尔木兹海峡举行实弹射击演习。该消息推动油价进一步走高。 受股市走弱以及美元一度走强影响，油价从盘中高点有所回落。 截至收盘 截至收盘 3月WTI原油在纽约市场上涨3.5%，收于每桶65.42美元。 3月布伦特原油上涨3.4%，收于每桶70.71美元。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：李桐 布伦特原油期货自7月份以来首次收于每桶70美元上方，此前美国总统特朗普警告伊朗，要么达成核协 议，要么面临军事打击。 作为全球油价基准的布伦特原油在周四上涨3 ...

Core Viewpoint - Oil prices increased by nearly 5%, reaching the highest level since July due to escalating tensions between the U.S. and Iran, which raised concerns about potential disruptions to global oil supply [1] Group 1: Oil Price Movement - The global benchmark for oil prices hit its highest level since July [1] - The increase in oil prices was nearly 5% on Thursday [1] Group 2: Geopolitical Factors - Tensions between the U.S. and Iran are worsening, contributing to the rise in oil prices [1] - Concerns over potential disruptions to global oil supply are heightened due to these geopolitical tensions [1]

Group 1 - Gold prices continued to rise, opening at $5,511.58 per ounce and quickly breaking the $5,500 mark [2][3] - The price of gold surged over $500 or 10% this week, breaking through multiple key levels from just below $5,000 [3][5] - Domestic gold jewelry prices also saw significant increases, with some brands rising over 100 RMB per gram [6] Group 2 - The Federal Reserve announced that it would maintain the federal funds rate at 3.50% to 3.75%, aligning with market expectations, which contributed to the rise in precious metals [8] - International oil prices also increased, with WTI crude oil rising nearly 1.8% to $63.5 per barrel, and ICE Brent crude oil up over 1.6% to $67.68 per barrel, reaching the highest levels since September 2025 [8]

Core Viewpoint - The oil and gas sector is experiencing a positive trend, with significant increases in stock prices and ETF performance, driven by geopolitical factors and supply constraints [1][3][4]. Group 1: Market Performance - The China Securities Oil and Gas Resource Index rose by 0.90%, with notable increases in component stocks such as Tongyuan Petroleum (up 11.88%) and Zhongman Petroleum (up 6.97%) [1]. - The oil and gas ETF, Huatai Fu (159309), saw a peak increase of over 2% during trading, currently up 0.36%, with a latest price of 1.39 yuan [1]. - Over the past week, the Huatai Fu oil and gas ETF has accumulated a 10.00% increase [1]. Group 2: Liquidity and Fund Flows - The Huatai Fu oil and gas ETF recorded a turnover rate of 22.97% during trading, with a transaction volume of 84.72 million yuan, indicating active market participation [1]. - The ETF has seen a net subscription of 50 million units, translating to an estimated net inflow of 75 million yuan based on the average transaction price [1]. - The ETF's latest scale reached 361 million yuan and its share count reached 262 million, both marking a one-year high [3]. Group 3: Supply and Demand Dynamics - Kazakhstan's major oil fields, Tengez and Korolev, have suspended production due to power system failures, which may reduce crude oil supply through the Caspian Pipeline Consortium (CPC) [3]. - Geopolitical tensions and increased energy demand due to cold weather are providing substantial support for international oil prices [3][4]. Group 4: Long-term Outlook - Analysts predict that oil prices may rebound in the second to third quarter of 2026, with Brent crude price expectations raised to $65 per barrel [4]. - The oil and gas sector is expected to show long-term investment value, with companies capable of increasing production and reducing costs likely to present attractive opportunities [4][5].

石油ETF鹏华紧密跟踪国证石油天然气指数，国证石油天然气指数反映沪深北交易所石油天然气产业相 关上市公司的证券价格变化情况。 数据显示，截至2025年12月31日，国证石油天然气指数(399439)前十大权重股分别为中国石油、中国石 化、中国海油、杰瑞股份、广汇能源、招商轮船、新奥股份、九丰能源、中远海能、大众公用，前十大 权重股合计占比67.11%。 石油ETF鹏华(159697)，场外联接(A：019827；C：019828；I：022861)。 消息面上，伊朗区域局势升温，特朗普28日在社交媒体上说，一支庞大的舰队正前往伊朗，已准备好迅 速履行其使命。他还称，希望伊朗能够迅速坐到谈判桌前。国际油价升至四个月新高。WTI3月原油期 货收于每桶63.21美元，创去年9月底以来最高，涨幅为1.31%；布伦特3月原油期货收于每桶68.40美 元，涨幅为1.23%。 东方证券指出，近期地区冲突持续发生，此外在供给端，美国严寒天气也影响了炼油产出。由于市场担 忧产油国区域冲突或导致油气供给减少，因此近期布伦特油价出现持续回升。若油价继续上升并保持更 高水平，预计行业资本开支将边际提升，油服的景气度有望边际上升。 截 ...

Group 1 - The oil sector is experiencing significant activity, with companies like PetroChina and Sinopec seeing substantial stock price increases, and CNOOC reaching a historical high [1] - A large winter storm has caused natural gas prices in the U.S. to surge, reaching a three-year high, with Henry Hub natural gas futures for February delivery peaking at $7.43 per million British thermal units, marking a 140% increase since January 16 [1] - Huatai Securities forecasts that the average Brent crude oil price for 2026 will be $65 per barrel, with quarterly averages of $64, $66, $68, and $63 per barrel for Q1 to Q4 respectively, an increase from a previous estimate of $62 per barrel [1] Group 2 - As of January 28, 2026, the National Petroleum and Natural Gas Index (399439) has risen by 3.06%, with significant gains in constituent stocks such as Potential Energy rising by 13.50% and Sinopec by 10.11% [2] - The oil ETF Penghua (159697) has increased by 3.26%, with a latest price of 1.36 yuan and a net subscription of 54 million units, marking 14 consecutive days of net inflow [2] - The top ten weighted stocks in the National Petroleum and Natural Gas Index account for 67.11% of the index, including major companies like PetroChina, Sinopec, and CNOOC [2]

石油股集体走高，截至发稿，中海油(00883)涨4%，报24.46港元；中海油服（601808）(02883)涨 3.26%，报8.87港元；中石油(00857)涨3.29%，报9.1港元；中石化(00386)涨1.71%，报5.35港元。 华泰证券研报指出，地缘溢价已导致淡季油价筑底反弹，随着需求回升及全球性储备性累库，26Q2-Q3 油价有望见底上探，叠加美联储降息对需求拉动，亚非拉地区成品油需求或景气上行，上调26年布伦特 均价为65美元/桶（前值62美元/桶）。长期而言，考虑主要产油国边际成本及"利重于量"诉求，油价中 枢存60美元/桶底部支撑。 消息面上，受伊朗局势、美国恶劣天气以及美元走软提振，油价周二走高。WTI3月原油期货收于每桶 62.39美元，涨幅为2.9%；布伦特3月原油期货收于每桶67.57美元，涨幅为3.02%。据新华社，负责中东 地区美军行动的美军中央司令部27日发布声明说，其第九航空队将举行一场为期数天的空军战备演习。 此外，伊朗官员称已对霍尔木兹海峡进行实时监控。 ...

此外，因一场严重冬季风暴横扫全美、令能源基础设施和电网承压，美国石油生产商在上周末损失的产 量最高达200万桶/日，约占全国产量的15%。华泰证券研报指出，地缘溢价已导致淡季油价筑底反弹， 随着需求回升及全球性储备性累库，26Q2-Q3油价有望见底上探。(格隆汇) | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 00883 | 中国海洋石油 | 24.540 | 4.34% | | 00338 | 上海石油化工股 | 1.550 | 4.03% | | 00857 | 中国石油股份 | 9.180 | 4.20% | | 02883 | 中海油田服务 | 8.910 | 3.73% | | 00386 | 中国石油化工股 | 5.420 | 3.04% | | 00135 | 昆仑能源 | 7.990 | 0.50% | 港股石油股继续涨势，中国海洋石油、中国石油股份、上海石油化工均涨超4%，其中，中海油刷新历 史新高价，中海油田服务涨3.7%，中国石油化工涨3%。 消息上，负责中东地区美军行动的美军中央司令部27日发布声明说，其第九航空队将举行一场 ...

消息面上，受伊朗局势、美国恶劣天气以及美元走软提振，油价周二走高。WTI3月原油期货收于每桶 62.39美元，涨幅为2.9%；布伦特3月原油期货收于每桶67.57美元，涨幅为3.02%。据新华社，负责中东 地区美军行动的美军中央司令部27日发布声明说，其第九航空队将举行一场为期数天的空军战备演习。 此外，伊朗官员称已对霍尔木兹海峡进行实时监控。 智通财经APP获悉，石油股集体走高，截至发稿，中海油(00883)涨4%，报24.46港元；中海油服(02883) 涨3.26%，报8.87港元；中石油(00857)涨3.29%，报9.1港元；中石化(00386)涨1.71%，报5.35港元。 华泰证券研报指出，地缘溢价已导致淡季油价筑底反弹，随着需求回升及全球性储备性累库，26Q2-Q3 油价有望见底上探，叠加美联储降息对需求拉动，亚非拉地区成品油需求或景气上行，上调26年布伦特 均价为65美元/桶（前值62美元/桶）。长期而言，考虑主要产油国边际成本及"利重于量"诉求，油价中 枢存60美元/桶底部支撑。 ...