据此前报道，美方8日宣布，特朗普与普京15日将在美国阿拉斯加州会晤。消息随后获俄方证实。这将 是2021年6月以来俄美领导人首次面对面会晤，也是2019年在二十国集团峰会期间见面后，特朗普和普 京再次面对面会晤。 （文章来源：中国新闻网） 同日，美国财政部长贝森特表示，如果特朗普与普京的会晤进展不顺利，美国可能会加大对俄制裁力 度。 中新网8月14日电据美国有线电视新闻网(CNN)报道，当地时间13日，美国总统特朗普说，如果俄罗斯 总统普京在阿拉斯加会晤中不接受俄乌停火的提议，将面临"非常严重后果"。 特朗普还说，如果他15日与普京的会晤进展顺利，他愿意"立即"安排第二次会晤，并邀请乌克兰总统泽 连斯基参加。 ...

此前，美俄双方宣布，两国领导人将于15日在阿拉斯加举行会晤。 （文章来源：新华社） 新华财经华盛顿8月13日电美国财政部长贝森特13日说，如果美国总统特朗普与俄罗斯总统普京的会晤 进展不顺利，美国可能会加大对俄制裁或征收次级关税。 贝森特当天在接受美国媒体采访时表示，特朗普将让普京明白，美国可能会做出各种选择：可能加紧对 俄制裁，也可能是放宽制裁，或者是无限期延续制裁。 贝森特同时呼吁欧洲加入对俄制裁，"欧洲需要同意对俄方实施次级制裁"。 ...

此前，美俄双方宣布，两国领导人将于15日在阿拉斯加举行会晤。 （文章来源：新华网） 美国财政部长贝森特13日说，如果美国总统特朗普与俄罗斯总统普京的会晤进展不顺利，美国可能会加 大对俄制裁或征收次级关税。 贝森特当天在接受美国媒体采访时表示，特朗普将让普京明白，美国可能会做出各种选择：可能加紧对 俄制裁，也可能是放宽制裁，或者是无限期延续制裁。 贝森特同时呼吁欧洲加入对俄制裁，"欧洲需要同意对俄方实施次级制裁"。 ...

Core Viewpoint - The upcoming meeting between US President Trump and Russian President Putin is characterized as "exploratory," with Trump indicating that the outcome may be known quickly and emphasizing the need for a constructive dialogue to end the conflict in Ukraine [1][3]. Group 1: Meeting Dynamics - Trump has stated that he does not plan to invite Ukrainian President Zelensky to the Alaska meeting but hopes to arrange a future meeting involving Zelensky and Putin [3]. - The meeting is viewed as a high-risk gamble for Trump, who has previously promised to resolve the Ukraine conflict swiftly but has not yet achieved this goal [3][4]. - Trump suggests that both Kyiv and Moscow may need to make concessions on territorial issues to reach a resolution [4]. Group 2: European Response - The EU is anxious about being excluded from critical discussions regarding Ukraine's future, leading to an emergency meeting among EU foreign ministers to discuss actions before the Trump-Putin meeting [5]. - EU leaders plan to impose a 19th round of sanctions against Russia and provide additional military support to Ukraine, emphasizing that no concessions should be made until a comprehensive ceasefire is agreed upon [5]. - The absence of EU leaders from the Trump-Putin meeting raises concerns about the EU's influence in international diplomacy and the potential implications for Ukraine's territorial integrity [5].

Group 1 - The core viewpoint emphasizes the need for clear security guarantees for Ukraine in any discussions regarding a ceasefire and future agreements with Russia [1] - Ukrainian President Zelensky stated that any decisions about Ukraine's future and the safety of its citizens cannot be made without Ukrainian participation [1] - Zelensky and Lithuanian President Nauseda agreed that a ceasefire must precede diplomatic efforts to achieve a fair and lasting peace, highlighting that without clear security guarantees, any agreements would merely allow Russia to regroup [1] Group 2 - Discussions included Ukraine's EU membership negotiations, with Lithuania fully supporting Ukraine and Moldova's simultaneous accession to the EU [1]

印度总理办公室11日晚间发表公报表示，总理莫迪重申印度坚定不移地支持和平解决冲突，并支持早日 恢复和平的努力。印度承诺为此提供一切可能的支持。莫迪与泽连斯基还回顾了印度与乌克兰双边伙伴 关系的进展，并讨论了进一步加强共同关心领域合作的途径。 （文章来源：央视新闻） 当地时间8月11日，乌克兰总统泽连斯基与印度总理莫迪进行了电话交谈。 泽连斯基在社交媒体上表示，双方讨论了双边合作、整体外交局势等议题。泽连斯基表示，印度认同 "任何涉及乌克兰的议题都必须有乌克兰参与" 的立场至关重要。此外，双方还深入探讨了针对俄罗斯 的制裁问题。泽连斯基表示，须限制俄罗斯能源产品，特别是石油产品的出口，以削弱其继续为冲突提 供资金的能力。 此外，泽连斯基称与莫迪同意计划在9月联合国大会期间举行面对面会晤，双方还将推动未来的互访安 排。 ...

Core Viewpoint - European leaders are urging the United States to increase pressure on Russia through sanctions, as the upcoming meeting between President Trump and President Putin could significantly impact Ukraine's fate and Europe's long-term security [1] Group 1: Meeting Context and Objectives - The meeting between Trump and Putin is scheduled to take place in Alaska, with European capitals unifying their stance on the meeting's format and substance [1] - U.S. Vice President JD Vance described the planned meeting as a "major breakthrough" in American diplomacy, aiming for a "stop the killing" territorial resolution [2] Group 2: European Concerns and Proposals - European officials emphasize that any future ceasefire agreement should include strict sanctions for violations, ensuring Russia cannot exploit peace for economic benefits [1] - There is a proposal to use frozen Russian sovereign assets to pressure Russia, with discussions around borrowing from the €190 billion in assets held by Euroclear to fund Ukraine [3] Group 3: Security Guarantees for Ukraine - European leaders insist that any resolution must include strong security guarantees for Ukraine, opposing any limitations on military and financial support from the West [4] - Concerns have been raised regarding Trump's suggestion of "territorial exchange," which is viewed as a potential land concession by Ukraine [4][5] Group 4: Stance on Ukraine's Future - NATO Secretary-General Mark Rutte stated that negotiations should recognize Ukraine's right to determine its future, and its military size should not be restricted [5] - European officials express apprehension that Trump may pressure Ukrainian President Zelensky to accept any agreements reached in Alaska, which could undermine Ukraine's security [5]

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Rusal (00486), which rose over 13% and is currently trading at 4.7 HKD with a transaction volume of 17.273 million HKD [1] - U.S. President Trump announced a meeting with Russian President Putin on August 15 in Alaska, which may influence the future of U.S.-Russia trade relations, particularly regarding aluminum imports [1] - In February, President Putin indicated that Russia would be willing to resume aluminum exports to the U.S. if sanctions on Russian metal imports were lifted, with an estimated 2 million tons of aluminum potentially available for export [1] Group 2 - According to research from Open Source Securities, Russia is the third-largest primary aluminum producer globally, with Rusal contributing significantly to this output [1] - Rusal's primary aluminum production is projected to reach 3.847 million tons in 2023, with expectations to increase to 3.9 million tons in 2024 due to the ramp-up of Taishet's production capacity [1] - The global aluminum supply is expected to see Rusal contributing approximately 5% of the total production, while the U.S. remains the second-largest aluminum consumer, indicating potential for stable orders if exports resume [1]

交易咨询业务资格：证监许可【2012】1091号 2025-08-08燃料油早报 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。 CONTENTS 目 录 1 每日提示 2 多空关注 3 基本面数据 4 5 价差数据 库存数据 燃料油： 1、基本面：市场观望美是否本周推进对俄制裁，报道称特朗普计划与俄罗斯总统普京会面后，油价回吐 早前涨幅，连续第五日收跌，国际原油整体呈现弱势下行的走势，燃料油价格也震荡下跌；偏空 2、基差：新加坡高硫燃料油406.63美元/吨，基差为182元/吨，新加坡低硫燃料油为501.5美元/吨，基差 为163元/吨，现货升水期货；偏多 3、库存：新加坡燃料油8月6日当周库存为2074.9万桶，增加47万桶；偏空 4、盘面：价格在20日线下方，20日线偏下；偏空 5、主力持仓：高硫主力持仓空单，空增，偏空；低硫主力持仓多 ...

Group 1 - International oil prices experienced a significant increase due to market assessments of direct US-Russia contact and potential further sanctions against Russia, followed by a notable decline in prices during the trading session [1] - As of the close, light crude oil futures for September delivery on the New York Mercantile Exchange fell by $0.81 to $64.35 per barrel, a decrease of 1.24%, while Brent crude for October delivery dropped by $0.75 to $66.89 per barrel, down 1.11% [1] - The US Secretary of State indicated that more information regarding the Russia-Ukraine conflict and potential sanctions would be released later that day [1] Group 2 - Rystad Energy analysts noted that while oil prices rose due to potential US tariffs on Indian goods, the market is awaiting formal implementation and its impact on market factors [2] - The US Energy Information Administration reported a decrease of 3 million barrels in commercial crude oil inventories, bringing the total to 423.7 million barrels [2] - The average daily crude oil processing volume in US refineries increased by 213,000 barrels to 17.1 million barrels, with an average utilization rate of 96.9% [2] Group 3 - The American Petroleum Institute predicted a decrease of 4.2 million barrels in commercial crude oil inventories, with gasoline inventories expected to drop by 900,000 barrels [3]