（长江有色金属网cjys.cn研发团队 0592-5668838） 【ccmn.cn摘要】美指上扬、油价下跌，市场风险偏好受抑，隔夜伦锌收跌2.63%；近期锌价重心上移压 制下游接货，叠加铜铝回调及年末淡季成交疲弱，今现锌或下跌。 新浪合作大平台期货开户 安全快捷有保障 【ccmn.cn锌期货市场】隔夜伦锌震荡下探，开盘报3246.5美元/吨，高点报3258.5美元，低点报3153美 元，尾盘收于3160美元，跌86美元，跌幅2.63%；成交量15982手减少1066手，持仓量233998手减少 1964手。晚间沪锌窄幅走弱，主力2602合约最新收盘价报24130元/吨，跌175元，跌幅0.72%。 长江锌业网（pb.ccmn.cn）今日现货锌价行情预估：美指上扬、油价下跌，市场风险偏好受抑，隔夜伦 锌收跌2.63%，收报3160美元/吨； 宏观上，美国劳动力市场虽有降温迹象，如职位空缺降幅超预期、ADP 就业数据欠佳，但 ISM 服务业 活动意外回升，市场不确定性增加，美元未因降息预期单边下行，复杂情绪支撑其韧性，短期对锌价形 成压制。隔夜美元指数升至四周高位，以美元计价的锌价承压。此外，委内瑞拉局势急剧恶 ...

【1月8日埃克森美孚透露第四季利润受油价下跌影响】1月8日，埃克森美孚称，因油价下跌，第四季利 润减少8亿至12亿美元。燃料生产利润率提高部分抵消石油利润下滑，增幅达7亿美元，不过化工产品利 润率下降和资产减值带来拖累。资产出售使季度收益按季增加约8亿美元。 本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 ...

格隆汇1月7日丨交易员们对于美国在委内瑞拉的军事干预以及该地区可能采取更多军事行动的威胁并未 感到特别恐慌，但他们仍密切关注着这一事件对石油市场产生的后续影响。美国总统特朗普表示，委内 瑞拉将向美国"交付"多达 5000 万桶石油，这些石油将以市场价出售。此言论导致油价进一步下跌。然 而，三菱日联金融集团的高级外汇分析师表示，对于近期油价将面临压力的预期"对新兴亚洲地区而言 往往是个好兆头"，因为该地区大多数经济体都是石油净进口国。 ...

智通财经APP获悉，中银国际发布研报称，美军迅速擒获委内瑞拉总统马杜罗，更重要的是，美国总统 特朗普敦促美国石油公司加大对委内瑞拉石油产业的投资。该行认为特朗普的言论对油价构成负面影 响，鉴于委内瑞拉的石油产量在投资和时间的推移下可能翻番至每日200万桶，油价近期可能会因而下 跌。 但中银国际认为，WTI原油价格不会长期低于每桶50美元，因这会阻碍美国公司对委内瑞拉的投资。接 下来需要密切关注伊朗和乌克兰的局势。中银国际维持对中国石油行业的"中立"评级，预计中国石油股 份(00857)短期内可能面临抛售压力。 ...

中银国际发表研报指，美军以迅速方式擒获委内瑞拉总统马杜罗，美国总统特朗普敦促美国石油公司加 大对委内瑞拉石油产业的投资。该行认为特朗普的言论对油价构成负面影响，鉴于委内瑞拉的石油产量 在投资和时间的推移下可能翻番至每日200万桶，油价近期可能会因而下跌。但该行认为，WTI原油价 格不会长期低于每桶50美元，因这会阻碍美国公司对委内瑞拉的投资。接下来需要密切关注伊朗和乌克 兰的局势。该行维持对中国石油行业的"中立"评级，预计中石油短期内可能面临抛售压力。 ...

2025年上半年石油收入来源构成如下：附带权益和额外参与权益（CAPI）贡献1.7848亿美元，占 总收入的48%；企业所得税收入1.4875亿美元，占40%；特许权使用费收入4015万美元，约占总收入的 10.8%。石油控股基金的利息收入为210万美元，而地面租赁收入仅为86.3万美元，不到总收入的百分之 一。这一构成反映出加纳严重依赖上游生产税和利润分成，而非直接开采费。 PIAC警告称，自2018年以来，加纳未签署任何新的石油协议，这给该行业的长期生存能力带来了 结构性风险。截至2025年6月，加纳共有13项有效的石油协议，但目前仅有Jubilee、TEN和Sankofa Gye Nyame三个油田在生产。加政府已采取措施应对生产危机，确保从2026年开始进行重大上游投资，与 Tullow Oil、Kosmos Energy、PetroSA和GNPC签署的谅解备忘录将Jubilee和TEN油田的生产许可证延长 至2040年。 （原标题：加纳石油收入骤降） 据"加纳新闻"网12月29日报道，2025年上半年，加纳的石油收入暴跌56%，该国面临产量下降和全 球油价下跌的双重打击，威胁到财政稳定。加公共利益与 ...

Core Viewpoint - Oil prices are expected to decline by approximately 20% in 2025 due to ongoing market oversupply, with prices likely remaining under pressure in the early part of the year [1][2]. Group 1: Market Conditions - Traders are closely monitoring the upcoming OPEC+ meeting, where the cartel is expected to reaffirm its current production plans, indicating a relatively loose supply-demand environment following a recent increase in supply [1]. - Prior to the OPEC+ meeting, official data on the U.S. market conditions will be released, with the American Petroleum Institute reporting an increase in crude oil and refined product inventories [1]. Group 2: Price Projections - The Brent crude oil price started 2025 at approximately $75 per barrel but fell to $58.40 during the year [2]. - As 2026 approaches, the spot market may see even lower prices, although sporadic geopolitical conflicts could provide short-term price boosts [2].

Group 1: Silver and Precious Metals - Spot silver prices reached a new high, surpassing $79 per ounce, with a daily increase of over 10% and a year-to-date increase of over 170% [1][3] - The price of spot gold rose to $4532.505 per ounce, with a daily increase of 1.19% and a weekly increase of 4.41% [2][3] - The price of palladium increased by 15%, driven by strong industrial and investment demand, supply shortages, expectations of continued interest rate cuts in the U.S., a weakening dollar, and escalating geopolitical risks [3] Group 2: Oil Prices - International oil prices fell on the 26th, with light crude oil futures for February 2026 dropping by $1.61 to $56.74 per barrel, a decrease of 2.76% [4] Group 3: U.S. Stock Market - The three major U.S. stock indices closed lower, with the Dow Jones Industrial Average down 0.04% at 48710.97 points, the S&P 500 down 0.03% at 6929.94 points, and the Nasdaq Composite down 0.09% at 23593.1 points [5] - Despite the daily decline, all three indices showed weekly gains, with the Nasdaq up 1.22%, the Dow up 1.2%, and the S&P 500 up 1.4% [5] Group 4: Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.71%, with notable gains in Chinese stocks such as Xpeng Motors up over 6%, Dingdong Maicai up over 5%, and NIO up over 4% [7] - Alibaba's stock increased by 1.46% year-to-date, while JD's stock saw a decline of 12.75% [6][7]

Core Insights - The benchmark price of diesel has experienced a significant decline, marking the largest drop in a five-week period in two years, with a decrease of 32.4 cents per gallon [1] - The current average retail diesel price is $3.544 per gallon, down from $3.868 prior to this decline [1] - The latest price is the lowest for the benchmark used for most fuel surcharges since June 11, when it was $3.471 [2] Diesel Price Trends - The price of ultra low sulfur diesel (ULSD) on the CME commodity exchange has shown some stabilization after a decline that began on November 18, with a recent settlement at $2.1581 per gallon [2][3] - The ULSD price fluctuated, reaching a low of $2.1219 per gallon before the recent rise [3] Geopolitical Factors - Uncertainty regarding U.S.-Venezuela relations may impact Venezuelan oil output, which is currently estimated at about 1 million barrels per day, significantly lower than the 3.5 million barrels per day prior to 1998 [4] - The market is also affected by uncertainties surrounding Russian oil production, contributing to fluctuations in oil prices despite a slight decline in ULSD [4] Market Dynamics - The ongoing discussions about a potential oil glut have been a primary driver of lower oil prices over the past six weeks, although geopolitical factors can temporarily overshadow supply and demand impacts [5]

Core Insights - The average price of unleaded gasoline in the U.S. has dropped to its lowest level since 2021, with some regions seeing prices below $3 per gallon [1][3] - Nearly 110 million Americans are expected to choose road travel during the holiday season [1][7] Price Trends - Current fuel prices have decreased by approximately 7% compared to a month ago and have plummeted about 43% from the peak in mid-2022, when prices approached $5 per gallon [6][12] - The drop in gasoline prices coincides with the peak travel season, with over 122 million Americans projected to travel at least 50 miles from home between December 20 and January 1, marking a historical high [7][12] Consumer Behavior - The decline in gasoline prices may alleviate some of the inflationary pressures faced by consumers in other areas during the holiday season [13] - A survey indicates that just over 40% of respondents plan to cut back on holiday spending this year, an increase of 6 percentage points from last year, with 46% attributing this to high prices of various goods [13] Regional Price Disparities - The nationwide drop in gasoline prices masks significant regional price differences, with states like Hawaii and California still exceeding $4 per gallon, while Oklahoma's prices are below $2.30 per gallon [13]