Core Viewpoint - The oil market is experiencing significant volatility driven by geopolitical factors, particularly the actions of the Trump administration regarding Venezuela and Iran, which have injected political risks into the global oil market [5][6][22]. Group 1: Oil Price Movements - Oil prices fluctuated significantly, with WTI crude oil futures closing at $59.50 per barrel, up 0.64%, and Brent crude oil futures at $63.87 per barrel, up 0.84% [7][23]. - The market's focus has shifted from Venezuela to the unrest in Iran, with concerns about potential U.S. military intervention causing oil prices to rise again after an initial drop [5][21]. Group 2: Geopolitical Risks - The Trump administration's interventions in Venezuela have increased U.S. control over key oil resources, creating political uncertainty that affects global oil markets [6][22]. - The situation in Iran remains a significant risk, with the potential for military action by the U.S. contributing to market volatility [5][6][22]. Group 3: Market Dynamics - Despite geopolitical tensions, the actual supply of oil remains adequate, with the physical market in the Middle East showing weakness [6][22]. - The Brent crude oil month spread has recently rebounded, indicating that geopolitical factors are adding a risk premium to oil prices [6][22]. Group 4: Developments in Venezuela - Global commodity traders Vitol and Trafigura have gained an early advantage in controlling Venezuelan oil, surpassing U.S. oil giants who are hesitant due to legal risks [24][25]. - The U.S. government is collaborating with these traders to expedite the flow of Venezuelan oil exports, which is crucial for funding the interim government [24][25]. Group 5: Iranian Situation - Iran claims to have regained control over domestic unrest, which has eased short-term supply concerns, but the geopolitical situation remains fluid [27][28]. - The U.S. has threatened to impose a 25% tariff on any country engaging in business with Iran, further complicating the geopolitical landscape [26][27].

客户端 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 来源：能源研发中心 | | | | | 期货主力合约 | | | --- | --- | --- | --- | --- | --- | | 讲 | | 收盘价 | 涨跌幅% | 持仓量 | 持仓走势 | | 晨 | 中国SC原油期货 | 424.60 | 1.58 | 32810 | | | 每 | | | | | | | H | 美国WT原油期货 | 57.76 | 3.16 | 144000 | | | 信 | 英国BRENT原油期货 | 61.99 | 3.39 | 663792 | | | H | 美国RBOB汽油期货 | 1.7603 | 3.88 | 115000 | | | | 英国ICE柴油期货 | 609.25 | 1.46 | 178838 | | 后市观点 周四油价的表现让人意外，原油不但结束了二连跌走出反弹行情，凌晨结算后油价继续冲高，最高涨幅 一度突破了5%，在大宗商品普遍大幅回调背景下，昨夜原油的长阳大涨惊呆了一众看空投资者。油价 能走出这样的表现是过去几天过度悲观之后的修正性情绪宣泄。在周初市场普遍预计地缘层面升 ...

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 | मेंग्री | | | | 期货主力合约 | | | --- | --- | --- | --- | --- | --- | | 报 | | 收盘价 | 涨跌幅% | 持仓量 | 持仓走势 | | 每 | 中国SC原油期货 | 437.00 | -0.36 | 31521 | | | H | 美国WT原油期货 | 57.95 | -0.22 | 144000 | | | 信 | 英国BRENT原油期货 | 61.33 | -0.26 | 745322 | | | ਜਿੰ | 美国RBOB汽油期货 | 1.7330 | 0.31 | 115000 | | | | 英国ICE柴油期货 | 625.50 | 1.01 | 149310 | | 后市观点 周二油价日内冲高回落，微幅收跌，亚欧时段地缘层面俄乌、中东及南美委内瑞拉持续不断的给市场带 来扰动让油价维持阻力区域下方震荡反弹，乌克兰袭击俄罗斯能源设施次数创下月度新高，根据三方机 构统计12月至少发生了24起针对俄罗斯炼油厂、海上油轮和其他海上设施以及主要管道基础设施的 ...

Oil Market - Crude oil prices fell significantly, marking the largest decline in nearly three weeks, driven by a drop in refined oil markets and concerns over Russian oil supply to India [2][3] - WTI crude futures dropped by 2%, settling at approximately $58.88 per barrel, influenced by a downturn in the US stock market [4][13] - Analysts predict that concerns over oversupply will materialize, with Brent crude futures potentially falling to $60 per barrel by 2026 [3][13] Refined Oil - Gasoline futures decreased by 2%, previously hitting the lowest level since May 2021, while diesel prices also softened, impacting the entire energy commodity sector [3][13] Precious Metals - Gold and silver prices declined as US bond yields rose, with traders focusing on potential shifts in monetary policy following the Federal Reserve's anticipated interest rate cut [6][16] - Silver fell by 0.4% to $58.12 per ounce, while gold dropped by 0.1% [17] Base Metals - Copper prices reached a historic high of $11,771 per ton amid global supply constraints and increased US inventory accumulation [7][8] - A potential shortfall of 450,000 tons in global refined copper supply is expected by 2026 due to rising US inventory levels [9][18] - LME copper rose by 0.1% to $11,635.5 per ton, while other base metals showed mixed performance [11][18]

油价创接近三周以来最大跌幅，交易员在关注印度购买俄罗斯原油的情况，而成品油市场大幅下挫也带 动整个能源板块走低。 在成品油方面，汽油期货周一下跌2%，此前在上周曾触及2021年5月以来的最低水平。柴油价格也走 软，拖累了整个能源大宗商品板块。 乌克兰与俄罗斯之间潜在的和平协议也仍是市场焦点。美国总统特朗普表示，他对乌克兰总统泽连斯基 处理美国所提出和平协议的方式感到失望。 目前，WTI原油和布伦特持续低于100日移动均线的时间都达到接近一年来最长，反映出在广泛预期的 供应过剩到来之前，看跌情绪仍在牢牢主导市场。 1月交割的WTI原油期货价格下跌2%，结算价为每桶58.88美元。 2月布伦特原油下跌2%，收于每桶62.49美元。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：李桐 WTI原油期货下跌2%，收于每桶接近59美元的水平，也受到美国股市下跌的拖累。 即便莫斯科因其对乌克兰的冲突面临严厉制裁，但俄罗斯总统普京上周承诺，准备继续向印度不间断地 进行供应。随着美国谈判代表抵达印度进行贸易谈判，俄罗斯对该国的石油供应很可能成为讨论的关键 议题。 澳大利亚联邦银行分析师Vivek Dhar表示，"供应过剩担 ...

Core Insights - The Chicago Mercantile Exchange (CME) temporarily halted all futures and options trading due to a technical failure at a third-party data center, raising concerns about price volatility upon resumption of trading [1][3] Group 1: Impact on Trading - The immediate cause of the trading suspension was a cooling system failure at the CyrusOne data center, affecting core trading products across various sectors including energy, agricultural products, fixed income, and stock indices [3] - Key contracts such as WTI crude oil futures and gasoline futures were impacted, with WTI last trading at 10:47 AM Beijing time before orders could no longer be matched [3] - The halt also affected U.S. Treasury futures and S&P 500 index futures, with trading channels closing rapidly after the incident [3] Group 2: Broader Market Effects - The failure significantly disrupted liquidity in the foreign exchange market, particularly affecting EBS, a major forex trading platform, leading to gaps in pricing and forcing traders to pause large forex hedging operations [3] - Charu Chanana, Chief Investment Strategist at Saxo Capital Markets, noted that the current environment of relative liquidity scarcity, combined with a wait-and-see attitude ahead of macroeconomic data releases, could lead to a breakdown in price discovery mechanisms due to the trading halt [3] Group 3: Regional Impact - The Malaysian Exchange also announced a suspension of all derivative products due to the same technical failure, collaborating closely with CME's technical team for service restoration [4] - The palm oil futures contract, which is the largest by trading volume globally, was reported at 4,112 ringgit per ton before the suspension, reflecting a 0.54% increase from the previous trading day [4]

Group 1 - The core point of the article is that speculative net long positions in gasoline futures increased by 8,012 contracts to a total of 98,180 contracts last week [1]

Group 1 - The core point of the article highlights that speculators in gasoline futures increased their net long positions by 22,463 contracts to a total of 70,111 contracts for the week ending June 24 [1]

Group 1 - The core point of the article indicates that speculators in Brent crude oil have significantly reduced their net long positions by 80,577 contracts, bringing the total to 192,598 contracts [1] - In contrast, gasoline futures speculators have increased their net long positions by 22,463 contracts, resulting in a total of 70,111 contracts [1]

Core Insights - WTI August crude oil futures rose by $0.32, an increase of over 0.49%, closing at $65.24 per barrel [1] - Abu Dhabi Murban crude oil futures increased by 0.50%, currently priced at $68.42 per barrel as of 02:35 Beijing time [1] - NYMEX July natural gas futures fell approximately 4.26%, settling at $3.2610 per million British thermal units [1] - NYMEX July gasoline futures closed at $2.0990 per gallon, while NYMEX July heating oil futures settled at $2.3601 per gallon [1]