转自：新华财经 新华财经布鲁塞尔2月12日电（记者黄晓兰）石油输出国组织（欧佩克）11日发布的月度石油市场报告 显示，因哈萨克斯坦、委内瑞拉和伊朗等国产量下降，1月欧佩克+原油总产量平均为4245万桶/日，较 上月减少43.9万桶/日。 需求方面，报告预计2026年全球对欧佩克+原油的需求平均为4300万桶/日，2027年平均为4360万桶/ 日，与此前预测持平。 报告指出，航空出行需求强劲、公路交通运行平稳以及非经合组织国家工业、建筑业及农业用能需求将 支撑世界石油需求。此外，美元走弱使得以美元计价的商品获得价格优势，从而为石油需求提供了更多 支撑。 编辑：王晓伟 ...

1. Report's Industry Investment Ratings No industry investment ratings are provided in the report. 2. Core Views of the Report - **Macro - Strategy**: 1) In January, inflation data indicated continuous price recovery. The logic of going long on inflation was initially strengthened, and IC was dominant. 2) Gold prices fluctuated and closed higher. The US January non - farm employment report was better than expected, but the sustainability of the employment market's recovery needed to be observed. Market expectations for interest rate cuts were postponed to July. 3) The US January non - farm payrolls exceeded expectations, and short - term interest rate cut expectations were postponed again. US stocks were expected to maintain high - level fluctuations. 4) The rebound of PPI in January exceeded market expectations. The bond market was expected to remain strong in the short term, but the odds of chasing the rise were limited. Consider shorting when the upward momentum weakened [1][2][3][20]. - **Commodities**: 1) Steel prices were expected to continue the oscillating pattern before the Spring Festival. 2) Coking coal and coke prices were expected to maintain an oscillating pattern in the short term. 3) The USDA February report had a neutral - to - bearish impact on cotton. ICE cotton prices were expected to maintain a weak oscillating pattern at a low level. Zheng cotton was expected to oscillate around the Spring Festival. 4) The palm oil market was expected to oscillate in the short term. Consider going long on dips if Malaysia's market remained weak. 5) The fundamentals of lithium carbonate were improving. After the Spring Festival, it was expected to see both supply and demand increase. Consider going long on dips. 6) For lead, consider mid - term long positions. 7) For zinc, adopt a wait - and - see approach before the Spring Festival and use double - buying for unilateral operations. 8) Crude oil prices were expected to remain oscillating and strong in the short term. 9) LPG prices were expected to be strongly oscillating. 10) For asphalt, adopt a cautious wait - and - see approach [23][26][31][34][38][40][45][48][50][51]. 3. Summary by Relevant Catalogs 3.1 Financial News and Comments 3.1.1 Macro - Strategy (Stock Index Futures) - In January, CPI increased by 0.2% year - on - year, and PPI decreased by 1.4% year - on - year. The logic of going long on inflation was initially strengthened, and the CSI 500 index was dominant. It was recommended to continue holding the long - stock - index strategy [10][11]. 3.1.2 Macro - Strategy (Gold) - The Shanghai Futures Exchange adjusted the automatic conversion standard for silver hedging positions. Gold prices fluctuated and closed higher. The US January non - farm employment report was better than expected, and market expectations for interest rate cuts were postponed to July. It was recommended to reduce positions for the Spring Festival [13][14]. 3.1.3 Macro - Strategy (US Stock Index Futures) - The US January non - farm payrolls exceeded expectations, and short - term interest rate cut expectations were postponed again. US stocks were expected to maintain high - level fluctuations [17][18]. 3.1.4 Macro - Strategy (Treasury Bond Futures) - In January, CPI was lower than expected, and PPI was better than expected. The bond market was expected to remain strong in the short term, but the odds of chasing the rise were limited. Consider shorting when the upward momentum weakened [19][20][21]. 3.2 Commodity News and Comments 3.2.1 Black Metals (Rebar/Hot - Rolled Coil) - Mexico launched an anti - dumping sunset review investigation on Chinese seamless steel pipes. Steel prices were expected to continue the oscillating pattern before the Spring Festival. It was recommended to adopt an oscillating mindset and pay attention to risks with light positions before the Spring Festival [22][23][24]. 3.2.2 Black Metals (Coking Coal/Coke) - The import coking coal forward market was stable and slightly strong. The spot market was expected to remain stable before the Spring Festival, and the futures market was expected to oscillate [25][26][27]. 3.2.3 Agricultural Products (Cotton) - The USDA February report had a neutral - to - bearish impact on cotton. ICE cotton prices were expected to maintain a weak oscillating pattern at a low level. Zheng cotton was expected to oscillate around the Spring Festival. It was recommended to hold light positions to avoid risks during the long holiday [28][30][31]. 3.2.4 Agricultural Products (Soybean Oil/Rapeseed Oil/Palm Oil) - The palm oil market was expected to oscillate in the short term. Consider going long on dips if Malaysia's market remained weak. If planning to hold positions for the holiday, it was recommended to use options strategies [33][34][35]. 3.2.5 Non - ferrous Metals (Lithium Carbonate) - The first part of the national standard for vehicle - use solid - state batteries was planned to be released in July 2026. The fundamentals of lithium carbonate were improving. After the Spring Festival, it was expected to see both supply and demand increase. Consider going long on dips [36][37][38]. 3.2.6 Non - ferrous Metals (Lead) - High - grade base metal mineralization was discovered in Queensland. Lead was currently in a situation of weak supply and demand. Consider mid - term long positions [39][40][41]. 3.2.7 Non - ferrous Metals (Zinc) - Some projects of Chihong Zinc & Germanium had progress. Zinc prices were mainly oscillating. Adopt a wait - and - see approach before the Spring Festival and use double - buying for unilateral operations [42][43][45]. 3.2.8 Energy Chemicals (Crude Oil) - OPEC's January production decreased by 440,000 barrels per day. Crude oil prices were expected to remain oscillating and strong in the short term [47][48][49]. 3.2.9 Energy Chemicals (Liquefied Petroleum Gas) - EIA propane weekly data showed certain changes. LPG prices were expected to be strongly oscillating [50]. 3.2.10 Energy Chemicals (Asphalt) - The domestic heavy - traffic asphalt capacity utilization rate decreased. The asphalt market was expected to be light before the Spring Festival. It was recommended to adopt a cautious wait - and - see approach [50][51][52].

当地时间2月11日，美股三大指数小幅收跌。美国1月非农就业数据远超预期，表明经济基础仍保持稳健，降低了美联储在年中之 前降息的概率。 道指跌66.74点，跌幅为0.13%，报50121.40点；纳指跌36.01点，跌幅为0.16%，报23066.47点；标普500指数跌0.34点，报6941.47点。 美国非农意外录得逾一年最大增数 交易员将联储恢复降息预期押后至7月 美国劳工统计局周三上午发布了1月非农就业报告。该数据因2月3日结束的联邦政府部分停摆而被推迟发布。 此前经济学家预计，最新就业报告显示1月就业几乎没有增长。道琼斯调查显示，市场普遍预期新增就业5.5万人，而2025年12月为新增5万人。经济学家 还预计失业率将落在4.4%。此外，交易员还将关注劳工统计局的一系列修正数据，这可能为美国就业市场和经济状况提供线索。 非农就业报告缓解了由周二弱于预期的消费者数据引发的市场负面情绪。周二的数据显示12月消费者支出环比持平，低于道琼斯调查经济学家预期的 0.4%月度增幅。 美国1月出人意料的强劲非农就业数据降低了美联储认为年中前需要再次降息的概率，因为劳动力市场走势中最令人担忧的可能性似乎正渐行渐远。 对 ...

证券之星消息，截至2026年2月11日收盘，洲际油气(600759)报收于5.38元，上涨2.09%，换手率 14.79%，成交量612.72万手，成交额32.99亿元。 2月11日的资金流向数据方面，主力资金净流入4984.58万元，占总成交额1.51%，游资资金净流入 1636.32万元，占总成交额0.5%，散户资金净流出6620.9万元，占总成交额2.01%。 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 散户净流入 散户净占比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 2026-02-11 | 5.38 2.09% | 4984.58万 | 1.51% | 1636.32万 | 0.50% | -6620.90万 | -2.01% | | 2026-02-10 | 5.27 -2.41% | -3.06亿 | -10.27% | 3956.41万 | 1.33% | 2.66亿 | 8.94% | | 2026-02-09 | 5.40 -1.82% | -3.51 ...

Group 1: International News - The U.S. House of Representatives passed a resolution to terminate tariffs on Canada implemented by Trump with a vote of 219 to 211 [1] - U.S. Energy Secretary Brouillette stated that the "ban" on Venezuelan oil has effectively been lifted, marking a historic turning point, and he plans to meet with local oil producers during his visit [2][3] - President Trump announced that coal is the most reliable energy source in the U.S., with coal generation expected to increase by approximately 25-30% this year [6][7] - The Federal Reserve officials noted that consumer spending remains robust, primarily driven by high-income individuals, and inflation is likely to stay close to 3% [12][13][14] Group 2: Market Dynamics - Precious metals prices showed significant volatility, with spot gold briefly surpassing $5100 per ounce before falling to below $5060, a daily decline of 0.55% [18][19] - Spot silver broke through $85 per ounce, with a daily increase of 0.69% [24] - WTI crude oil fell below $63 per barrel, with a daily increase of 0.91%, while U.S. EIA crude oil inventories rose by 8.53 million barrels, significantly exceeding the expected 793,000 barrels [26][27] Group 3: Corporate Developments - U.S. stock markets closed lower, with the Dow down 0.15%, Nasdaq down 0.16%, and S&P down 0.03%; Micron Technology rose nearly 10%, while Caterpillar increased over 4% [31] - Morgan Stanley raised its CEO's compensation from $34 million to $45 million; Cisco announced price increases due to rising memory costs [33][34] - Meta is constructing a $10 billion data center in Indiana, which will create over 4,000 construction jobs [35]

来源：芝麻AI 美国能源部长赖特表示，对委内瑞拉石油的"禁令"实质上已解除，这是一个历史性转折点[12]，并计划 会见委内瑞拉石油生产商，访问期间将直接与委内瑞拉临时领导层接触及部分油田[13][14][15]。 美国至2月6日当周EIA原油库存录得853万桶，远超预期的79.3万桶，前值为-345.5万桶[16]。 三、宏观与市场影响 美国众议院以219票对211票通过决议，终止特朗普实施的对加拿大关税措施[17]。 一、贵金属期货 纽约期金日内呈现震荡走势，先是突破5120美元/盎司，日内涨0.43%[1]，随后失守5100美元/盎司，日 内转为微涨0.02%[2]，接着进一步下探至5090美元/盎司（日内跌0.18%）[3]、5080美元/盎司（日内跌 0.39%）[4]。 现货黄金同步波动，曾突破5100美元/盎司，日内涨0.31%[5]，随后相继失守5080美元/盎司（日内跌 0.14%）[6]、5070美元/盎司（日内跌0.28%）[7]、5060美元/盎司（日内跌0.55%）[8]。 此外，现货白银突破85美元/盎司，日内涨0.69%[9]，纽约期银同步突破85美元/盎司，日内涨0.55% [1 ...

每经AI快讯，当地时间2月11日，美油主力合约收涨1.45%，报64.89美元/桶；布油主力合约涨1.25%， 报69.66美元/桶。 ...

Group 1 - The core viewpoint of the article indicates that the futures market for asphalt is experiencing fluctuations, with the main contract closing at 3358, reflecting a 0.51% increase from the previous day [29][30] - The current high-end price for heavy asphalt in East China is 3350 yuan/ton, remaining stable, while the low-end price is 3260 yuan/ton, also unchanged, indicating a relatively stable market as the domestic Spring Festival approaches [29][30] - Short-term price movements are influenced by geopolitical changes and market risk preferences, particularly regarding the U.S.-Iran situation, which could lead to increased oil prices and subsequently affect asphalt prices [29][30] Group 2 - Venezuela's state-owned oil company PDVSA has reportedly restored production in the Orinoco heavy oil belt, pushing the country's total crude oil output close to 1 million barrels per day, which may increase competition among Chinese buyers [29][30] - The strategy since January 5 remains unchanged, focusing on near-month oil contracts while monitoring geopolitical developments, and suggesting that the June contract has potential for bullish positions after geopolitical factors subside [30][31] - The first quarter is expected to return to a loose fundamental environment for crude oil, recommending a 3-6 month spread strategy and advocating for long positions in the BU-Brent crack spread based on market conditions [30][31]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 来源：能源研发中心 | 讲 | | | | 期货主力合约 | | | --- | --- | --- | --- | --- | --- | | | | 收盘价 | 涨跌幅% | 持仓量 | 持仓走势 | | सिर् 每 | 中国SC原油期货 | 479.80 | 0.82 | 45023 | | | H | 美国WT原油期货 | 64.63 | 1.05 | 144000 | | | 信 | 英国BRENT原油期货 | 69.40 | 0.87 | 540674 | | | ਜਿੰ | 美国RBOB汽油期货 | 1.9780 | 0.96 | 115000 | | | | 英国ICE柴油期货 | 695.25 | 2.17 | 197784 | | 后市观点 周三油价一度大涨，布伦特原油再次冲上70美元关口，最大涨幅一度近3%，冲高后日内又出现大幅回 落，最终涨幅为日内高点一半左右，这样的表现再次显示市场分歧较大。 地缘因素再次引发市场焦虑，特朗普强调将继续与伊朗谈判，但是美伊立场诉求的差异明显，市场对于 谈判前景普遍预期偏悲观。若美伊谈判 ...

中新网2月12日电据美联社报道，当地时间11日，美国能源部长赖特抵达委内瑞拉，对该国石油行业进 行实地考察。 据报道，赖特在委内瑞拉首都加拉加斯，与委内瑞拉代总统罗德里格斯进行了会晤。 报道称，预计赖特在为期三天的访问期间，还将与委内瑞拉政府官员、石油企业高管及其他人士会面。 （文章来源：中国新闻网） 图片来源：美联社报道截图 ...