南都讯 记者朱唯信 据广东省发展和改革委员会，根据国家成品油价格形成机制，结合近一段时期国际 市场油价变化情况，国家发展改革委决定自2026年1月20日24时起上调国内成品油价格，即在现行价格 的基础上，我省汽、柴油价格每吨均上调85元。 调整后，广东省成品油最高销售价格见下表。 ...

Core Viewpoint - Parex Resources Inc. has received approval from the Toronto Stock Exchange to initiate a normal course issuer bid to repurchase up to 9,407,490 common shares, which represents 10% of the public float as of January 9, 2026 [1][2][3]. Group 1: Bid Details - The issuer bid will commence on January 22, 2026, and will terminate on January 21, 2027, unless completed or terminated earlier by the company [2]. - The daily maximum number of shares that can be purchased is 146,890, which is 25% of the average daily trading volume of 587,563 from July 1, 2025, to December 31, 2025 [3]. - Shares will be purchased at the prevailing market price on the TSX and will be cancelled upon acquisition [3]. Group 2: Rationale for the Bid - The company believes that its common shares are trading below their intrinsic value relative to current operations and growth prospects, and that repurchasing shares will benefit remaining shareholders by increasing their proportional interest [5]. - As of January 9, 2026, Parex had 95,974,136 common shares issued and outstanding, with a public float of 94,074,906 common shares [5]. Group 3: Previous Issuer Bid - Under a previous normal course issuer bid, Parex was approved to purchase 8,621,348 common shares from January 22, 2025, to January 21, 2026, and had purchased 2,310,000 shares at a weighted-average price of C$15.371 per share during that period [6].

Core Viewpoint - Recent fluctuations in international oil prices have led to an increase in domestic gasoline and diesel prices in China, effective from January 20, with a rise of 85 yuan per ton for both fuels [1]. Price Adjustments - The new maximum retail prices for gasoline and diesel across various provinces and municipalities have been updated, reflecting the price increase [2]. - The prices for gasoline (standard) and diesel (standard) in major regions are as follows: - Beijing: Gasoline 8435 yuan/ton, Diesel 7450 yuan/ton - Shanghai: Gasoline 8415 yuan/ton, Diesel 7420 yuan/ton - Guangdong: Gasoline 8480 yuan/ton, Diesel 7485 yuan/ton - Other regions have similar price adjustments [2]. Compliance and Market Stability - Major oil companies, including PetroChina, Sinopec, and CNOOC, are required to ensure stable supply and adhere to national pricing policies [5]. - Local authorities are tasked with increasing market supervision and enforcing compliance with national price policies, with mechanisms in place for consumers to report violations [5].

Company Overview - Diamondback Energy, Inc. (FANG) is an independent oil and natural gas company based in Midland, Texas, with a market capitalization of $43.3 billion. The company focuses on acquiring, developing, exploring, and exploiting unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas [1]. Earnings Expectations - Analysts anticipate that FANG will report a profit of $2.41 per share on a diluted basis for the fiscal fourth quarter of 2025, representing a decline of 33.8% from $3.64 per share in the same quarter last year [2]. - For the full fiscal year, analysts expect FANG to report an EPS of $12.88, down 22.3% from $16.57 in fiscal 2024, with a further decline to $10.19 expected in fiscal 2026, a year-over-year decrease of 20.9% [3]. Stock Performance - FANG's stock has underperformed the S&P 500 Index, which gained 16.9% over the past 52 weeks, with FANG shares down 15.5% during the same period. The stock also lagged behind the Energy Select Sector SPDR Fund, which saw a gain of 2.3% [4]. - The underperformance is attributed to weaker oil pricing, with the company's realized oil price decreasing by 11.7% to $64.60 per barrel. Management has prioritized debt reduction and cash returns over increasing output, resulting in flat oil volumes [5]. Recent Financial Results - On November 3, 2025, FANG reported its Q3 results, with an adjusted EPS of $3.08, exceeding Wall Street expectations of $2.85. The company's revenue reached $3.9 billion, surpassing forecasts of $3.5 billion [5]. Analyst Ratings - The consensus opinion among analysts on FANG stock is bullish, with a "Strong Buy" rating overall. Out of 32 analysts, 26 recommend a "Strong Buy," three suggest a "Moderate Buy," and three give a "Hold." The average analyst price target for FANG is $180, indicating a potential upside of 19% from current levels [6].

Core Viewpoint - Coterra Energy Inc. is an independent oil and gas company focused on sustainable development, with a market cap of $19.6 billion, and is expected to announce its fiscal fourth-quarter earnings for 2025 soon [1]. Financial Performance - Analysts anticipate Coterra to report a profit of $0.46 per share for the upcoming quarter, reflecting a 2.1% decrease from $0.47 per share in the same quarter last year [2]. - For the full fiscal year, analysts project an EPS of $2.11, which is a 31.1% increase from $1.61 in fiscal 2024, but expect a decline to $2.06 in fiscal 2026, representing a 2.4% year-over-year decrease [3]. Stock Performance - Coterra's stock has underperformed, with a 13.8% decline over the past 52 weeks, contrasting with the S&P 500 Index's 16.9% gains and the Energy Select Sector SPDR Fund's 2.3% gains during the same period [4]. - Following the Q3 results announcement, Coterra shares rose over 3%, despite an adjusted EPS of $0.41 falling short of the expected $0.43, while revenue of $1.82 billion exceeded forecasts of $1.76 billion [5]. Analyst Ratings - The consensus opinion on Coterra stock is bullish, with a "Strong Buy" rating from 17 out of 25 analysts, while two suggest a "Moderate Buy" and six recommend a "Hold" [6]. - The average analyst price target for Coterra is $32.29, indicating a potential upside of 25.6% from current levels [6].

Group 1 - The new round of fuel price adjustment will take effect from January 20 at 24:00, according to the National Development and Reform Commission [1] - The price of gasoline and diesel will increase by 85 yuan per ton, translating to an increase of 0.07 yuan per liter for 92 and 95 octane gasoline and 0 diesel [3][5] - After the adjustment, the price of 92 octane gasoline in Jiangsu will rise from 6.68 yuan to 6.75 yuan per liter, 95 octane from 7.11 yuan to 7.18 yuan, and 0 diesel from 6.30 yuan to 6.37 yuan [5] Group 2 - The adjustment will increase fuel costs for private car owners, with a full tank of 92 octane gasoline costing an additional 3.5 yuan [4] - The price range for diesel in most regions is between 6.4 and 6.6 yuan per liter, while the retail price for 92 octane gasoline is between 6.7 and 6.8 yuan per liter [6] - The current adjustment marks the first increase since 2026, with the overall trend indicating a higher probability of price increases in the next round due to OPEC+ maintaining production levels and potential supply risks [6]

Core Viewpoint - Oil prices have decreased despite a weaker dollar and strong economic growth in China, with renewed trade tensions between the U.S. and Europe over Greenland being a focal point [1] Group 1: Oil Price Movements - Brent crude oil prices fell by 0.7% to $63.52 per barrel [1] - WTI crude oil prices decreased by 0.5% to $58.45 per barrel [1] Group 2: Market Conditions - The U.S. dollar index declined by 0.8% to 98.60, which typically supports oil and the broader commodities market [1] - Analysts noted that ICE Brent held up relatively well amid a broader risk-off sentiment in markets, settling 0.3% lower [2] - Continued firmness in ICE Brent timespreads indicates a tighter spot physical market, which may support prices [2]

Group 1: Gold Market - Gold prices have surged significantly, climbing 9% in the first three weeks of 2026 and a remarkable 75% over the past 12 months, signaling fiscal stress, currency debasement, and heightened geopolitical risk [2][11]. Group 2: Corporate Developments - Novartis (NVS) CEO Narasimhan revealed the pharmaceutical giant is pursuing more biotech deals with China than with Europe and has secured an agreement with the U.S. government that shields it from tariffs [3][11]. Group 3: Energy Sector - The International Energy Agency (IEA) forecasts years of downward pressure on oil and gas prices due to persistent supply, indicating a challenging outlook for energy markets [4][11]. Group 4: Cryptocurrency Market - Major cryptocurrency assets experienced a downturn, with Coinbase Global (COIN) falling 4.4%, Bitfarms (BITF) down 7.5%, and MicroStrategy (MSTR) declining 5.5% [5][11]. Group 5: Investor Confidence - Despite renewed Trump tariff threats, ZEW German Investor Morale is anticipated to improve for a second consecutive month, even as the EU-US trade war intensifies [6][11].

Core Viewpoint - President Trump is encouraging U.S. oil companies to invest in Venezuela's energy sector, but experts warn that without a reliable digital infrastructure, the country remains too risky for major investments [1][2]. Group 1: Digital Infrastructure and Trust - Baron Lamarre suggests that a "trustless" digital infrastructure is necessary to track ownership in Venezuela's energy sector, as traditional contracts are inadequate in a region with broken institutional trust [2][3]. - Tokenization of crude oil on the blockchain is proposed to enhance transparency and allow investors to isolate specific barrels, thereby reducing exposure to opaque state entities [3][4]. Group 2: Market Dynamics and Pricing - The reported 30% price premium on U.S.-brokered Venezuelan oil sales is viewed as a temporary effect of U.S. policy rather than a sign of market recovery [5][6]. - The sustainability of this price premium is contingent on U.S. policy; any changes could lead to a return to deep discounts [6]. Group 3: Environmental and Cleanup Costs - Lamarre proposes an "E-cost" or ecological premium to be included in the price of each barrel sold, aimed at funding environmental remediation without imposing indefinite liabilities on foreign companies [7].

Group 1 - TotalEnergies anticipates a decline in oil and liquefied natural gas sales for Q4 2025 [1] - The company expects stronger downstream results due to higher refining margins [1] - Weaker crude prices are expected to be offset by improved refining performance [1]