截至2026年1月27日 13:34，国证石油天然气指数(399439)成分股方面涨跌互现，海默科技领涨0.80%， 中国石油上涨0.77%，中远海能上涨0.66%；蓝焰控股领跌。石油ETF鹏华(159697)最新报价1.32元，盘 中净申购6100万份，冲刺连续13天净流入。 石油ETF鹏华紧密跟踪国证石油天然气指数，国证石油天然气指数反映沪深北交易所石油天然气产业相 关上市公司的证券价格变化情况。 数据显示，截至2025年12月31日，国证石油天然气指数(399439)前十大权重股分别为中国石油、中国石 化、中国海油、杰瑞股份、广汇能源、招商轮船、新奥股份、九丰能源、中远海能、大众公用，前十大 权重股合计占比67.11%。 石油ETF鹏华(159697)，场外联接(鹏华国证石油天然气ETF联接A：019827；鹏华国证石油天然气ETF 联接C：019828；鹏华国证石油天然气ETF联接I：022861)。 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 消息面上，OPEC+的三位代表透露，在周日举行的会议上，OPEC+将决定于3月继续暂停石油增产，目 前哈萨克斯坦的石油产量下降导致 ...

油气股今早显著回吐，山东墨龙（002490）(00568)大跌超8%，截至发稿，跌8.65%，报3.8港元，成交 额1.22亿港元。 消息面上，因特朗普可能避免打击伊朗，中断了国际油价的连续涨势。隔夜国际油价大跌。布兰特原油 期货收跌2.76美元或4.15%，报每桶63.76美元。美国原油下跌2.83美元或4.56%，报59.19美元。据报道 称，特朗普暂缓决定是否对伊朗发动军事打击。多名美国、以色列及阿拉伯国家消息人士称，军事选项 仍在桌面上，但不确定性明显上升。华泰期货认为，如果特朗普迟迟不对伊朗动武，地缘溢价将会快速 消退，此外CPC码头也有望在近期恢复，支撑油价上涨的基础并不牢固。 ...

消息面上，因特朗普可能避免打击伊朗，中断了国际油价的连续涨势。隔夜国际油价大跌。布兰特原油 期货收跌2.76美元或4.15%，报每桶63.76美元。美国原油下跌2.83美元或4.56%，报59.19美元。据报道 称，特朗普暂缓决定是否对伊朗发动军事打击。多名美国、以色列及阿拉伯国家消息人士称，军事选项 仍在桌面上，但不确定性明显上升。华泰期货认为，如果特朗普迟迟不对伊朗动武，地缘溢价将会快速 消退，此外CPC码头也有望在近期恢复，支撑油价上涨的基础并不牢固。 智通财经APP获悉，油气股今早显著回吐，山东墨龙(00568)大跌超8%，截至发稿，跌8.65%，报3.8港 元，成交额1.22亿港元。 ...

Group 1 - The core event involves the U.S. military action against Venezuela, leading to the capture of President Maduro and his wife, with the U.S. stating it will "manage" Venezuela until a "safe" transition occurs [1] - Venezuela, despite having the largest proven oil reserves globally (approximately 300 billion barrels, accounting for 17% of the world's total), currently produces only about 1 million barrels per day, which is roughly 1% of international supply [1][2] - The impact of Venezuela's situation on global oil prices is expected to be limited due to its small share in the global market and the nature of its oil, which requires extensive processing to be marketable [2] Group 2 - The core factors influencing international oil prices remain supply and demand dynamics, with predictions indicating a continued oversupply situation through 2026, driven by geopolitical factors and a shift towards renewable energy sources [2] - In contrast, the gold market is experiencing increased demand as investors seek safe-haven assets, with gold prices reaching new highs recently [3] - Central banks are projected to increase their gold purchases, with an expected net buying of 950 tons in 2026, which supports the bullish outlook for gold prices [3]

Group 1: Stock Market Performance - In 2025, the three major U.S. stock indices achieved double-digit gains, marking the third consecutive year of increases, driven by tariff uncertainties and excitement around AI stocks [3][4] - The S&P 500 index rose by 16.39%, the Nasdaq by 20.36%, and the Dow Jones by 12.97% [4] Group 2: Currency Trends - The U.S. dollar index fell by over 9% in 2025, marking the largest annual decline since 2017, influenced by interest rate cuts and trade policy uncertainties under President Trump [5] - The euro appreciated by over 13% against the dollar during the same period [5] Group 3: Federal Reserve Actions - The Federal Reserve agreed to cut interest rates after extensive discussions on economic risks, with expectations of only one more rate cut in the following year [6][7] Group 4: Precious Metals Performance - Gold experienced its largest annual increase in 46 years, rising approximately 64%, while silver surged by about 147%, marking its strongest annual performance ever [8] - Platinum and palladium also saw significant gains, with platinum increasing over 122% and palladium rising more than 75% [8] Group 5: Commodity Market Trends - LME copper prices rose by 42%, achieving the largest annual increase in 16 years, driven by supply concerns and a weaker dollar [9] - CBOT soybeans recorded their first annual gain in three years, increasing nearly 4% due to China's return to the U.S. market [10] - Oil prices fell nearly 20%, marking the largest annual decline since 2020, influenced by oversupply expectations and geopolitical tensions [11] Group 6: Agricultural Commodities - ICE cotton futures fell by 6% for the fourth consecutive year due to ample global supply and trade uncertainties [12] - ICE raw sugar prices dropped by 22% in 2025, primarily due to increased production leading to a global supply surplus [13]

Group 1 - Brent crude oil futures and US crude oil futures continued to rise, increasing by $2 [1] - OPEC+ decided to maintain an increase in production by 411,000 barrels per day for July [1]