Group 1 - The geopolitical tensions in Iran have led to significant fluctuations in oil prices, with Brent and WTI crude oil futures rising by 1.9% and 0.7% respectively as of January 16, 2026 [2] - OPEC+ has increased production by 2.21 million barrels per day in 2025, but plans to slow down production increases in 2026 to balance oil prices [3] - The International Energy Agency (IEA) has revised its forecast for global oil demand growth in 2026 to 860,000 barrels per day, driven primarily by the chemical sector [4] Group 2 - The "Big Three" Chinese oil companies have demonstrated resilience during the recent oil price fluctuations, with performance exceeding historical levels due to increased production and effective cost control [5] - The ongoing capital expenditure by the "Big Three" is expected to support their long-term growth and adaptation to changing market conditions [5]

信达期货指出，俄乌和平谈判持续推进但进程缓慢，虽然整体氛围趋向降温，但双方最近的高级别会晤 未能成功达成协议。同时，美国对委内瑞拉发出军事威胁信号，但市场已审美疲劳，需事件实质落地方 能驱动价格。整体地缘影响呈中性偏空，对油价的支撑作用正在弱化。 光大证券发布研报称，面对新一轮油价波动周期，"三桶油"深化增储上产，加强成本管控，以自身发展 的确定性应对外部环境的不确定性，在油价下行期的业绩韧性凸显。"三桶油"有望实现穿越油价周期的 长期成长，长期投资价值凸显。 智通财经APP获悉，石油股集体走低，截至发稿，中石油(00857)跌2.88%，报8.43港元；中石化(00386) 跌2.21%，报4.42港元；中海油服(02883)跌2.18%，报7.19港元；中海油(00883)跌1.95%，报21.16港元。 ...