Report Summary 1. Industry Investment Rating - No industry investment rating is provided in the report. 2. Core Viewpoint - Hold short positions in crude oil and monitor geopolitical disturbances [1] 3. Summary by Directory 3.1 International Crude Oil - NYMEX WTI futures contract 01 rose by $0.21, or 0.36%, to $58.46 per barrel; ICE Brent futures contract 02 rose by $0.27, or 0.44%, to $62.21 per barrel; SC2601 crude oil futures closed down by 3.80 yuan per barrel, or 0.86%, to 440.50 yuan per barrel [1] 3.2 Mexican Gulf Crude Oil Arbitrage - The arbitrage windows of Saudi extra - light crude, Angolan crude, Nigerian crude, North Sea crude, and some Saudi heavy crude are closed; Vasconia crude shows a weak arbitrage opportunity; Ecuador's Napo crude has a significant arbitrage space; Maya crude is close to the break - even point [2][4] 3.3 Atlantic Crude Oil Arbitrage - Forties and Cabinda crudes have insufficient competitiveness; Arab Extra Light and Saharan Blend crudes show arbitrage opportunities, with Urals crude having a huge arbitrage space due to sanctions - related discounts [4] 3.4 Northwest Europe Crude Oil Arbitrage - WTI MEH, Eagle Ford, Saharan Blend, and Bonny Light crudes present arbitrage opportunities; Azeri Light crude has a weak arbitrage space [6] 3.5 Mediterranean Crude Oil Arbitrage - The arbitrage windows of Saharan Blend, Azeri Light, Bonny Light, Ekofisk, and Eagle Ford crudes against Urals are all closed [7][8] 3.6 Asian Crude Oil Arbitrage - Duri, Napo, and Mars crudes show arbitrage opportunities; Basrah Heavy and Maya crudes have their arbitrage windows closed [9] 3.7 Key Market News - Venezuelan opposition leader Machado fled the country; the Fed announced short - term bond purchases and a 25BP interest rate cut; the US seized a Venezuelan oil tanker; Venezuela's President Maduro made a tough statement; a Russian "shadow fleet" oil tanker was sunk in the Black Sea [12] 3.8 Trend Intensity - The crude oil trend intensity is - 1, indicating a bearish outlook [11]

美国一直在敦促印度停止购买俄罗斯原油。自2022年俄乌冲突爆发以来，印度国有炼油厂一直在购买廉 价的俄罗斯原油，但在美国总统特朗普的压力下，印度国有炼油厂于7月下旬暂停了对俄罗斯原油的购 买。据消息人士透露，印度石油公司在最近的招标中购买了200万桶美国马瑞原油、200万桶巴西原油和 100万桶利比亚原油。过去一周，该公司还通过招标从中东、美国、加拿大和尼日利亚购买了800万桶9 月交付的原油。 据消息人士透露，巴拉特石油公司也通过谈判购买了900万桶9月交付的原油，其中包括100万桶安哥拉 原油、100万桶美国马瑞原油、300万桶阿布扎比原油和200万桶尼日利亚原油。 中化新网讯 近日，印度两大国有炼油厂印度石油公司和巴拉特石油公司已合计购买了至少2200万桶非 俄罗斯原油，所购原油将于9月和10月交付。 ...