Core Insights - International Industry (000159) reported a closing price of 6.05 yuan on October 31, 2025, with a slight decline of 0.17% [1] - The company experienced a significant drop in main operating revenue by 46.47% year-on-year for the first three quarters of 2025, while net profit attributable to shareholders increased by 104.45% [3] Financial Performance - Total market capitalization stands at 2.908 billion yuan, with a net asset value of 2.038 billion yuan [3] - The company reported a net profit of 20.109 million yuan, while the industry average for net profit is 13.637 billion yuan [3] - The price-to-earnings ratio (P/E) is 108.46, significantly higher than the industry average of 30.07 [3] - The gross margin is 10.82%, compared to the industry average of 18.66% [3] Recent Trading Activity - On October 31, 2025, the main funds saw a net inflow of 3.1342 million yuan, accounting for 3.61% of the total trading volume [1][2] - Retail investors contributed a net inflow of 4.0926 million yuan, representing 4.72% of the total trading volume [1][2] - Over the past five days, the stock has shown fluctuations in trading volume and net fund flows, with notable outflows from speculative funds [2]

【冠通期货研究报告】 原油日报：原油震荡运行 发布日期：2025年10月31日 【行情分析】 10月5日，OPEC+八国决定将在11月进一步增产13.7万桶/日。下次会议将于11月2日举行，预计继 续维持13.7万桶/日增产节奏。这将加剧四季度的原油供应压力。原油需求旺季结束，不过EIA数据 显示EIA数据显示美国原油和成品油去库幅度超预期，整体油品库存继续减少。EIA月报预计2025年四 季度全球石油库存增幅约260万桶/日，IEA月报预测全球石油过剩幅度加剧。消费旺季结束、美国非 农就业数据疲软，市场担忧原油需求，OPEC+加速增产，伊拉克库尔德地区的原油出口重启，中东地 区出口增加。原油仍是供应过剩格局，不过美国对俄罗斯态度转变，美国财政部制裁俄罗斯最大的 两家石油企业俄罗斯石油公司、卢克石油公司及其子公司，特朗普称取消与普京在布达佩斯的会面， 俄罗斯原油出口预期受限，美国与委内瑞拉军事对峙升级。俄罗斯原油贴水扩大后，印度继续进口 俄罗斯原油。不过印度有与美国达成新的关税协议而同意逐步减少对俄罗斯石油进口的可能。在欧 美制裁俄罗斯石油公司后，印度最大的私营炼油商信实工业表示将调整炼油厂的运营以满足合规要 ...

证券之星消息，截至2025年10月31日收盘，中国石油(601857)报收于9.15元，上涨0.55%，换手率 0.07%，成交量119.5万手，成交额10.9亿元。 10月31日的资金流向数据方面，主力资金净流入1.31亿元，占总成交额12.04%，游资资金净流出 4629.88万元，占总成交额4.25%，散户资金净流出8491.64万元，占总成交额7.79%。 近5日资金流向一览见下表： | | | | | 日期 收盘价 涨跌幅 主力净流入 主力净占比 游资净点比 游资净占比 散户净占比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-10-31 | 9.15 0.55% | | 1.31亿 | 12.04% | -4629.88万 | -4.25% | -8491.64万 | -7.79% | | 2025-10-30 | 9.10 0.11% | | 8442.16万 | 8.26% | -1280.21万 | -1.25% | -7161.95万 | -7.01% | | 2025-10-29 | 9. ...

Exxon Mobil reported strong a strong third-quarter performance Friday, bolstered by strong Guyana and Permian Basin production. Exxon earned $7.55 billion, or $1.76 per share, for the period ended Sept. 30. It earned $8.61 billion, or $1.92 per share, in the prior-year period. Removing one time costs and benefits, earnings were $1.88 per share, which topped the $1.81 per share that Wall Street was looking for, according to a survey by Zacks Investment Research. Exxon does not adjust its reported results ...

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core View of the Report The oil price is expected to continue wide - range fluctuations. The weak fundamentals will continue to put pressure on the oil price, while the uncertainty of geopolitics will intensify market volatility. The "weak expectation" fundamentals will suppress the oil price performance, but the shale oil cost will provide psychological support, and the market's downward space may be limited. It is recommended to pay attention to the WTI crude oil range of $55 - 65 per barrel [7][55]. 3. Summary by Directory 3.1 Market Review - In October, the crude oil market showed a narrow - range fluctuation pattern under the game of long and short factors. At the beginning of the month, OPEC+ announced to maintain a small increase in production, and the intensification of Sino - US trade frictions suppressed the oil price from both supply and demand sides. At the end of the month, the US sanctions on Russian oil companies led to a rebound in the oil price. In the future, the weak fundamentals and geopolitical uncertainties will make the oil price continue wide - range fluctuations [7]. 3.2 Macroeconomic Analysis - **Sino - US Relations**: The Sino - US leaders' meeting and the positive results of the Sino - US economic and trade consultations in Kuala Lumpur have led to a warming at the macro - level. The US will cancel the 10% "fentanyl tariff" on Chinese goods and continue to suspend the 24% reciprocal tariff for one year. Both sides will adjust relevant measures and extend some tariff exclusion measures [10]. - **Fed's Interest Rate Decision**: The Fed cut interest rates by 25 basis points in October, but there is uncertainty about a December rate cut. After Fed Chairman Powell's "hawkish" speech, the probability of a December rate cut is expected to be 71%, lower than the previous 90%. If economic data further decline, it will strengthen the expectation of crude oil supply surplus and suppress the oil price [13]. - **Geopolitical Factors**: There were frequent geopolitical events in October, including US - Russia phone communication, US sanctions on Russian oil companies, and the EU's 19th round of sanctions on Russia. These sanctions have increased geopolitical risks, causing the oil price to rebound. However, the impact on Russian oil production and global supply is limited [14]. - **OPEC+ Production Policy**: OPEC+ will increase production by 137,000 barrels per day in November. Saudi Arabia is the main force of the increase. The market expects OPEC+ to continue a small increase in production in the November meeting, which will put pressure on the oil price [16]. - **IEA Forecast**: The IEA raised the global crude oil supply growth forecast by 300,000 barrels per day to 3 million barrels per day in 2025 and lowered the demand growth forecast by 30,000 barrels per day to 710,000 barrels per day, maintaining the expectation of supply surplus [17]. 3.3 Supply - Demand Analysis - **Supply Side** - OPEC+ production increased in September. Saudi Arabia, the UAE, and Iran were the main contributors to the increase. OPEC+ is expected to fully implement the 2.2 million barrels per day production increase in the fourth quarter [19]. - US crude oil production reached a record high of 13.644 million barrels per day in the week ending October 24. The US oil drilling rig count increased slightly, but the rebound was limited, and it is expected to remain at a low level [22][24]. - **Demand Side** - In September, the US manufacturing PMI declined, and the Chicago PMI decreased slightly, which suppressed crude oil demand. The US refinery operating rate is expected to increase seasonally in the fourth quarter [26][32]. - In September, China's manufacturing PMI rebounded but remained below the boom - bust line. The operating rates of Chinese refineries showed differentiation, and domestic crude oil consumption faces the pressure of a phased decline [40][44]. - **Inventory** - US EIA crude oil inventories and strategic petroleum reserve inventories decreased in the week ending October 24. Cushing crude oil inventories and gasoline inventories also decreased, but gasoline may face inventory accumulation pressure at the end of the fourth quarter [48][53].

不过，知情人士补充说，特朗普仍然愿意"在他认为可以取得进展的时间和地点"与俄方会面。 与此同时，美国的经济施压接踵而至。华尔街见闻此前提及，美国财政部上周宣布对俄罗斯最大的两家石油企业——俄罗斯石油公 司和卢克石油公司实施制裁。 普京回应称，美国的制裁是不友好举动，但不会对俄罗斯经济产生重大影响。据塔斯社报道，普京认为，买家需要时间才能找到俄 罗斯石油的替代品，而俄罗斯石油供应减少将导致油价上涨。 市场的走势印证了普京的部分判断。制裁消息公布后，投资者对供应的担忧加剧。WTI原油期货与布伦特原油期货价格迅速攀升， 显示出地缘政治风险已再度成为影响能源价格的关键变量，也为依赖稳定能源供给的全球经济带来了新的挑战。 截至周五，油价已经显著回落。 据媒体最新报道，美国已经取消原定于布达佩斯举行的美俄峰会，标志着此前市场对俄乌冲突外交解决的短暂希望迅速破灭，为全 球市场注入了新的不确定性。 报道称，俄方向美方发出了一份备忘录，重申了解决俄乌冲突的条件。之后，美国国务卿鲁比奥与俄罗斯外长拉夫罗夫进行了一次 紧张通话。但一位知情人士表示，特朗普对俄方立场"并不满意"，最终决定取消峰会。 这一消息坐实了此前"特普会"落空的 ...

Core Viewpoint - The Hong Kong stock market experienced a decline in October, with all three major indices ending the month lower after a brief rise at the beginning. The Hang Seng Index fell by 3.53%, the Hang Seng China Enterprises Index dropped by 4.05%, and the Hang Seng Tech Index saw the largest decline at 8.62. The Hang Seng Index fell below the 26,000-point mark, while the Hang Seng Tech Index fell below 6,000 points [1]. Sector Performance - The coal, port transportation, oil, and airline sectors showed positive performance, with China Eastern Airlines rising by 19.8%, China Southern Airlines increasing by 12.5%, and China Petroleum gaining over 13%. China National Offshore Oil Corporation rose nearly 4%. In the coal sector, China Coal Energy surged nearly 18%, while China Shenhua Energy increased by 12% and Shougang Resources rose by 9.7% [1]. - Conversely, the Apple concept stocks, biopharmaceuticals, domestic real estate, automotive, and semiconductor sectors experienced significant declines. Highway Electronics led the Apple concept sector with a drop of 20.7%, followed by Sunny Optical with a decline of 16.8% and Q Technology down by 15.8%. In the automotive sector, Li Auto fell by 21.35%, Leap Motor dropped by 12.13%, and BYD shares decreased by 8.7%. Although SMIC reached a new high during the month, it still fell by 5.7% [1]. Large Technology Stocks - Among large technology stocks, Xiaomi saw a significant drop of 20%, Kuaishou fell by 14.48%, Baidu decreased by 11.71%, NetEase dropped by 8.36%, JD.com fell by 7.87%, Alibaba decreased by 6.72%, Tencent dropped by 5.13%, and Meituan fell by 2.39% [1].

来源：今日油价查看 编辑：田原 |审校：胡亚妮 |审核：安辉 【今日油价涨跌预测】10月31日，本轮油价周期计价统计的第4天。当前参考原油变化率为 +3.67%，据 此预计汽柴油上调幅度为140元/吨，折算下来，每升油价可能上涨0.11 - 0.12元。本次油价调整的最终 时间已确定为11月10日24时。 目前，国际油价基本与周期原油均价持平。后续国际油价的走势将成为决定本轮油价调整方向的关键因 素。如果国际油价下跌，周期油价涨幅还将继续收窄；反之，若国际油价上涨，周期油价涨幅则会进一 步扩大。本轮油价周期距离调价还有6个统计日，油价调整结果仍存在搁浅的可能性。 距离2025年第22次油价调整窗口开启（11月10日24时）还剩10天，本轮油价周期统计已走完40%，当前 油价呈现上调态势，涨幅超过100元/吨。 【油价回顾】在10月，油价经历了"二连降"的利好局面。汽柴油总体分别下跌340元/吨和325元/吨，换 算成每升油价，下跌幅度在0.27 - 0.30元之间。对于普通车主来说，加满50升油能节省13.5 - 15元。经过 这波下调，当前油价已跌至今年新低。全国平均油价方面，92号汽油均价为6.83元/升 ...

中美达成贸易休战协议，或许掩盖了一份新报告发出的警报——2026年全球原油可能出现创纪录的供应 过剩。 尽管中美这两个全球最大石油消费国达成协议，但分析师普遍认为，这一进展既无法扭转原油市场的供 需失衡，也难以阻止油价向新冠疫情以来的最低水平靠拢。 基本面利空难改，400万桶/日过剩警报拉响 目前，贸易协议带来的市场情绪提振已逐步消退，原油价格在协议公布后仅微涨数美分，未能获得持续 支撑。市场焦点正重新转向供需基本面，2026年原油过剩的风险警报，或将成为影响未来油价走势的核 心因素。 油价下行风险加剧，最低或探35美元区间 供需失衡的持续发酵引发了对油价的悲观预期。里奇警告称，若2026年预期的大规模供应过剩成为现 实，美国基准油价WTI原油可能在一年内跌至每桶35美元左右的区间。这一预测基于今年以来原油期 货市场的价格走势，并参考了2010年代中期OPEC为争夺全球市场份额而引发的油价波动周期。 值得注意的是，WTI原油上次收于每桶35美元或以下还要追溯到2020年5月28日。2020年4月20日，受需 求暴跌和库存积压双重打击，WTI原油曾出现史上首次负价格结算的极端行情。 里奇强调，要实现原油市场的可 ...

中国汽、柴油批发价格由中国经济信息社-中国石油经济技术研究院"能源大数据实验室"联合上海石油 天然气交易中心发布，基于对全国范围内主要经营单位和社会经营单位（不含炼厂）的批发价格数据采 集并计算形成，是反映中国汽、柴油批发市场整体情况的权威产品。 从市场整体情况来看，10月29日国际原油期货价格上涨，消息面谨慎向好。业者仍观望为主，消库之余 按需补货，市场成交难有提升。 分区域来看，吉林、辽宁、新疆、江苏、上海、浙江、广东、山西、河南、广西汽油批发价格下跌；黑 龙江、天津柴油批发价格上涨，辽宁、新疆、江苏、上海、浙江、广东、广西柴油批发价格下跌。山东 地炼方面，汽油价格下跌，柴油价格上涨。 新华财经北京10月31日电（薛尚文）中国汽、柴油批发价格显示，10月30日，中国汽、柴油批发价格均 下跌。全国92#汽油平均批发价格为7513元／吨，较前一日下跌14元／吨；柴油（含低凝点）平均批发 价格为6529元／吨，较前一日下跌6元／吨。 （文章来源：新华财经） ...