国信证券表示，供给端OPEC+继续加大减产力度，OPEC+延长自愿限产时间至二季度末，同时俄罗斯政府下令其国内各石油公司在2024年第二季度减少石油产量，从第一季度约950万桶/天进一步减产50万桶/天，确保在6月底前达到900万桶/天的产量目标;此外美国战略石油储备进入补充阶段，且页岩油资本开支不足，增产有限，供给端整体偏紧。需求端随着全球经济的不断修复，逐渐进入季节性需求旺季，该行认为石油需求温和复苏，整体供需相对偏紧，油价有望继续维持较高区间。Sinopec Oil Services (01033) rose more than 5% and rose 5.05% at press time to HK$0.52, with a turnover of HK$3.58 million.
The Zhitong Finance App learned that Sinopec Oil Services (01033) rose by more than 5% and rose 5.05% at press time to HK$0.52, with a turnover of HK$3.58 million.
According to the news, the company issued an announcement today. Recently, Sinopec Petroleum Engineering Construction Co., Ltd., a wholly-owned subsidiary of Sinopec Petroleum Engineering Technology Service Co., Ltd., won the bid for the Sichuan-Chongqing E section (Tongliang-Qianjiang) construction general contracting project for the Sichuan Gas East Line 2 gas pipeline project. The bid amount was RMB 3.378 billion, accounting for about 4.22% of the company's 2023 operating revenue under China's accounting standards.
Guoxin Securities said that supply-side OPEC+ continued to step up production cuts. OPEC+ extended the voluntary production limit until the end of the second quarter. At the same time, the Russian government ordered its domestic oil companies to reduce oil production in the second quarter of 2024, further reducing production by 500,000 b/d from about 9.5 million b/d in the first quarter to ensure that the production target of 9 million b/d is reached by the end of June; in addition, US strategic oil reserves have entered the replenishment stage, and the overall supply side is tight. The demand side is gradually entering the peak seasonal demand season as the global economy continues to recover. The bank believes that oil demand is recovering moderately, overall supply and demand are relatively tight, and oil prices are expected to remain high.
