<p>亚洲的柴油市场活动在假期季节中连续第二个交易日保持低迷，尽管一些航空燃料的销售仍在进行。</p>
<p>10ppm 硫含量的柴油市场结构略微走强，但交易窗口的讨论仍然沉寂。</p>
<p>炼油利润（GO10SGCKMc1）进一步下降至每桶约 18.60 美元，因为市场上薄弱的现货流动性持续存在。</p>
<p>现金差价（GO10-SIN-DIF）略微上升至每桶 25 美分，反映出纸市场的轻微倒挂。</p>
<p>对于航空燃料，预计来自印度的部分波动量——20 万吨或更多——将在 12 月装船时抵达亚洲，Kpler 和 LSEG 的船舶跟踪数据显示，由于套利窗口早前有利于苏伊士以东市场。</p>
<p>这些数量可能是自今年 1 月以来的最高水平，船舶跟踪数据显示。</p>
<p>中国的 WEPEC 通过今天截止的招标提供了第二个 1 月现货货物。</p>
<p>重整价（JETREG10SGMc1）进一步上升至每桶 70 美分，但现金差价（JET-SIN-DIF）仍然下降至每桶 1.64 美元，维持在两个月的低点，因交易窗口的报价较低。</p>
<p>新加坡现金交易</p>
<p>- 没有柴油和航空燃料的交易</p>
<p>库存</p>
<p>- 美国原油、汽油和馏分油库存在截至 12 月 19 日的一周内上升，因为炼油活动放缓且进口减少，美国能源信息署周一表示。</p>
<p>- 初步路透社调查显示，美国原油库存预计在上周下降，而馏分油和汽油库存可能上升。</p>
<p>新闻</p>
<p>- Frontera Energy 的哥伦比亚子公司与美国石油巨头雪佛龙的一个子公司签署了一项价值高达 1.2 亿美元的预付款和商业协议，以在两年内供应原油，加拿大石油生产商周一表示。</p>
<p>- 世界最大石油出口国沙特阿拉伯预计将在 2 月份降低其旗舰阿拉伯轻质原油对亚洲买家的价格，连续第三个月下调，反映出由于供应充足而导致的现货市场下跌，消息人士表示。</p>
<p>- 从哈萨克斯坦输送石油的里海管道联盟表示，由于恶劣天气，周一暂停了黑海终端的石油出口。</p>
<p>- 由于政策制定者面临国内需求疲软和工厂利润下滑，以及与主要出口市场的贸易关系波动，中国的工厂活动预计在 12 月将连续第九个月收缩。</p>
<p>价格</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>中间馏分</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>现金（$/桶）</td>
<td>亚洲收盘</td>
<td>变动</td>
<td>前收盘</td>
<td>RIC</td>
</tr>
<tr>
<td>现货柴油 0.25%</td>
<td>79.47</td>
<td>0.36</td>
<td>79.11</td>
<td>(GO25-SIN)</td>
</tr>
<tr>
<td>GO 0.25 差价</td>
<td>-0.13</td>
<td>0.02</td>
<td>-0.15</td>
<td>(GO25-SIN-DIF)</td>
</tr>
<tr>
<td>现货柴油 0.05%</td>
<td>79.02</td>
<td>0.36</td>
<td>78.66</td>
<td>(GO005-SIN)</td>
</tr>
<tr>
<td>GO 0.05 差价</td>
<td>-0.58</td>
<td>0.02</td>
<td>-0.60</td>
<td>(GO005-SIN-DIF)</td>
</tr>
<tr>
<td>现货柴油 0.001%</td>
<td>79.85</td>
<td>0.37</td>
<td>79.48</td>
<td>(GO10-SIN)</td>
</tr>
<tr>
<td>GO 0.001 差价</td>
<td>0.25</td>
<td>0.02</td>
<td>0.23</td>
<td>(GO10-SIN-DIF)</td>
</tr>
<tr>
<td>现货航空燃料/煤油</td>
<td>81.87</td>
<td>0.42</td>
<td>81.44</td>
<td>(JET-SIN)</td>
</tr>
<tr>
<td>航空燃料/煤油差价</td>
<td>1.64</td>
<td>-0.03</td>
<td>1.66</td>
<td>(JET-SIN-DIF)</td>
</tr>
<tr>
<td>有关衍生品价格的列表，包括利润，请双击下面的 RIC。</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>布伦特 M1</td>
<td>(BRENTSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 M1</td>
<td>(GOSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 M1/M2</td>
<td>(GOSGSPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 M2</td>
<td>(GOSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>重整价 M1</td>
<td>(JETREGSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>重整价 M2</td>
<td>(JETREGSGMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料 M1</td>
<td>(JETSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料 M1/M2</td>
<td>(JETSGSPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料 M2</td>
<td>(JETSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 500ppm-迪拜裂解 M1</td>
<td>(GOSGCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 500ppm-迪拜裂解 M2</td>
<td>(GOSGCKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料裂解 M1</td>
<td>(JETSGCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料裂解 M2</td>
<td>(JETSGCKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方 M1</td>
<td>(LGOAEFSMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方 M2</td>
<td>(LGOAEFSMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M1</td>
<td>(LGOAMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M1/M2</td>
<td>(LGOASPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M2</td>
<td>(LGOAMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>裂解 LGO-布伦特 M1</td>
<td>(LGOACKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>裂解 LGO-布伦特 M2</td>
<td>(LGOACKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>

雪佛龙

<p>亚洲的柴油市场在假期期间保持平静，10ppm 硫含量的柴油市场结构略有走强。炼油利润降至每桶 18.60 美元，而现金差价上升至每桶 25 美分。航空燃料的现金差价降至每桶 1.64 美元，维持在两个月的低位。美国原油和汽油库存上升，而 Frontera Energy 与雪佛龙签署了一项价值 1.2 亿美元的协议。预计沙特阿拉伯将下调 2 月份阿拉伯轻质原油的价格，且由于恶劣天气，里海管道联盟暂停了石油出口</p>

<p>Asia's diesel market activity remained tepid for a second consecutive session on Tuesday amid the holiday season, though some jet fuel sales were ongoing.</p>
<div class="lb-trans"><p>亚洲的柴油市场活动在假期季节中连续第二个交易日保持低迷，尽管一些航空燃料的销售仍在进行。</p>
</div><p>The 10ppm sulphur gasoil market structures firmed slightly, though window discussions remained muted.</p>
<div class="lb-trans"><p>10ppm 硫含量的柴油市场结构略微走强，但交易窗口的讨论仍然沉寂。</p>
</div><p>Refining margins (GO10SGCKMc1) fell further to around $18.60 a barrel as thin spot liquidity continued to permeate the market.</p>
<div class="lb-trans"><p>炼油利润（GO10SGCKMc1）进一步下降至每桶约 18.60 美元，因为市场上薄弱的现货流动性持续存在。</p>
</div><p>Cash differentials (GO10-SIN-DIF) gained slightly to 25 cents per barrel, reflecting the slightly wider paper market backwardation.</p>
<div class="lb-trans"><p>现金差价（GO10-SIN-DIF）略微上升至每桶 25 美分，反映出纸市场的轻微倒挂。</p>
</div><p>For jet fuel, some swing volumes - 200,000 metric tons or more - from India are expected to hit Asian shores for December shipment, Kpler and LSEG shiptracking data showed, given the arbitrage windows favouring east of Suez markets earlier.</p>
<div class="lb-trans"><p>对于航空燃料，预计来自印度的部分波动量——20 万吨或更多——将在 12 月装船时抵达亚洲，Kpler 和 LSEG 的船舶跟踪数据显示，由于套利窗口早前有利于苏伊士以东市场。</p>
</div><p>These volumes are likely at their highest since January this year, the shiptracking data showed.</p>
<div class="lb-trans"><p>这些数量可能是自今年 1 月以来的最高水平，船舶跟踪数据显示。</p>
</div><p>China's WEPEC offered its second January spot cargo via a tender that closes today.</p>
<div class="lb-trans"><p>中国的 WEPEC 通过今天截止的招标提供了第二个 1 月现货货物。</p>
</div><p>Regrade (JETREG10SGMc1) inched up further to 70 cents per barrel, but cash differentials (JET-SIN-DIF) still fell to $1.64 a barrel - maintaining at two-month lows - amid lower offers on the trading window.</p>
<div class="lb-trans"><p>重整价（JETREG10SGMc1）进一步上升至每桶 70 美分，但现金差价（JET-SIN-DIF）仍然下降至每桶 1.64 美元，维持在两个月的低点，因交易窗口的报价较低。</p>
</div><p>SINGAPORE CASH DEALS</p>
<div class="lb-trans"><p>新加坡现金交易</p>
</div><p>- No deal for gasoil and jet fuel</p>
<div class="lb-trans"><p>- 没有柴油和航空燃料的交易</p>
</div><p>INVENTORIES</p>
<div class="lb-trans"><p>库存</p>
</div><p>- U.S. crude, gasoline and distillate inventories rose in the week ended December 19 as refining activity slowed and imports declined, the Energy Information Administration said on Monday.</p>
<div class="lb-trans"><p>- 美国原油、汽油和馏分油库存在截至 12 月 19 日的一周内上升，因为炼油活动放缓且进口减少，美国能源信息署周一表示。</p>
</div><p>- U.S. crude oil stockpiles were expected to have fallen last week, while distillate and gasoline inventories likely rose, a preliminary Reuters poll showed on Monday.</p>
<div class="lb-trans"><p>- 初步路透社调查显示，美国原油库存预计在上周下降，而馏分油和汽油库存可能上升。</p>
</div><p>NEWS</p>
<div class="lb-trans"><p>新闻</p>
</div><p>- Frontera Energy's Colombian unit has signed a prepayment and commercial agreement worth up to $120 million with a unit of U.S. oil major Chevron  to supply crude oil over two years, the Canadian oil producer said on Monday.</p>
<div class="lb-trans"><p>- Frontera Energy 的哥伦比亚子公司与美国石油巨头雪佛龙的一个子公司签署了一项价值高达 1.2 亿美元的预付款和商业协议，以在两年内供应原油，加拿大石油生产商周一表示。</p>
</div><p>- Saudi Arabia, the world's biggest oil exporter, is expected to lower the February price for its flagship Arab Light crude for Asian buyers for a third month, mirroring declines in the spot market due to ample supplies, sources said.</p>
<div class="lb-trans"><p>- 世界最大石油出口国沙特阿拉伯预计将在 2 月份降低其旗舰阿拉伯轻质原油对亚洲买家的价格，连续第三个月下调，反映出由于供应充足而导致的现货市场下跌，消息人士表示。</p>
</div><p>- The Caspian Pipeline Consortium, which delivers oil from Kazakhstan, said it had suspended oil exports from the Black Sea terminal on Monday due to bad weather.</p>
<div class="lb-trans"><p>- 从哈萨克斯坦输送石油的里海管道联盟表示，由于恶劣天气，周一暂停了黑海终端的石油出口。</p>
</div><p>- China's factory activity likely shrank for a ninth month in December, as policymakers grapple with lagging domestic demand and sliding factory profits along with volatile trade relations with key export markets.</p>
<div class="lb-trans"><p>- 由于政策制定者面临国内需求疲软和工厂利润下滑，以及与主要出口市场的贸易关系波动，中国的工厂活动预计在 12 月将连续第九个月收缩。</p>
</div><p>PRICES</p>
<div class="lb-trans"><p>价格</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>MIDDLE DISTILLATES</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>CASH ($/BBL)</td>
<td>ASIA CLOSE</td>
<td>Change</td>
<td>Prev Close</td>
<td>RIC</td>
</tr>
<tr>
<td>Spot Gas Oil 0.25%</td>
<td>79.47</td>
<td>0.36</td>
<td>79.11</td>
<td>(GO25-SIN)</td>
</tr>
<tr>
<td>GO 0.25 Diff</td>
<td>-0.13</td>
<td>0.02</td>
<td>-0.15</td>
<td>(GO25-SIN-DIF)</td>
</tr>
<tr>
<td>Spot Gas Oil 0.05%</td>
<td>79.02</td>
<td>0.36</td>
<td>78.66</td>
<td>(GO005-SIN)</td>
</tr>
<tr>
<td>GO 0.05 Diff</td>
<td>-0.58</td>
<td>0.02</td>
<td>-0.60</td>
<td>(GO005-SIN-DIF)</td>
</tr>
<tr>
<td>Spot Gas Oil 0.001%</td>
<td>79.85</td>
<td>0.37</td>
<td>79.48</td>
<td>(GO10-SIN)</td>
</tr>
<tr>
<td>GO 0.001 Diff</td>
<td>0.25</td>
<td>0.02</td>
<td>0.23</td>
<td>(GO10-SIN-DIF)</td>
</tr>
<tr>
<td>Spot Jet/Kero</td>
<td>81.87</td>
<td>0.42</td>
<td>81.44</td>
<td>(JET-SIN)</td>
</tr>
<tr>
<td>Jet/Kero Diff</td>
<td>1.64</td>
<td>-0.03</td>
<td>1.66</td>
<td>(JET-SIN-DIF)</td>
</tr>
<tr>
<td>For a list of derivatives prices, including margins, please double click the RICs below.</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Brent M1</td>
<td>(BRENTSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Gasoil M1</td>
<td>(GOSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Gasoil M1/M2</td>
<td>(GOSGSPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Gasoil M2</td>
<td>(GOSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Regrade M1</td>
<td>(JETREGSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Regrade M2</td>
<td>(JETREGSGMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Jet M1</td>
<td>(JETSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Jet M1/M2</td>
<td>(JETSGSPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Jet M2</td>
<td>(JETSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Gasoil 500ppm-Dubai Cracks M1</td>
<td>(GOSGCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Gasoil 500ppm-Dubai Cracks M2</td>
<td>(GOSGCKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Jet Cracks M1</td>
<td>(JETSGCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Jet Cracks M2</td>
<td>(JETSGCKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>East-West M1</td>
<td>(LGOAEFSMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>East-West M2</td>
<td>(LGOAEFSMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M1</td>
<td>(LGOAMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M1/M2</td>
<td>(LGOASPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M2</td>
<td>(LGOAMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Crack LGO-Brent M1</td>
<td>(LGOACKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Crack LGO-Brent M2</td>
<td>(LGOACKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>中间馏分</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>现金（$/桶）</td>
<td>亚洲收盘</td>
<td>变动</td>
<td>前收盘</td>
<td>RIC</td>
</tr>
<tr>
<td>现货柴油 0.25%</td>
<td>79.47</td>
<td>0.36</td>
<td>79.11</td>
<td>(GO25-SIN)</td>
</tr>
<tr>
<td>GO 0.25 差价</td>
<td>-0.13</td>
<td>0.02</td>
<td>-0.15</td>
<td>(GO25-SIN-DIF)</td>
</tr>
<tr>
<td>现货柴油 0.05%</td>
<td>79.02</td>
<td>0.36</td>
<td>78.66</td>
<td>(GO005-SIN)</td>
</tr>
<tr>
<td>GO 0.05 差价</td>
<td>-0.58</td>
<td>0.02</td>
<td>-0.60</td>
<td>(GO005-SIN-DIF)</td>
</tr>
<tr>
<td>现货柴油 0.001%</td>
<td>79.85</td>
<td>0.37</td>
<td>79.48</td>
<td>(GO10-SIN)</td>
</tr>
<tr>
<td>GO 0.001 差价</td>
<td>0.25</td>
<td>0.02</td>
<td>0.23</td>
<td>(GO10-SIN-DIF)</td>
</tr>
<tr>
<td>现货航空燃料/煤油</td>
<td>81.87</td>
<td>0.42</td>
<td>81.44</td>
<td>(JET-SIN)</td>
</tr>
<tr>
<td>航空燃料/煤油差价</td>
<td>1.64</td>
<td>-0.03</td>
<td>1.66</td>
<td>(JET-SIN-DIF)</td>
</tr>
<tr>
<td>有关衍生品价格的列表，包括利润，请双击下面的 RIC。</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>布伦特 M1</td>
<td>(BRENTSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 M1</td>
<td>(GOSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 M1/M2</td>
<td>(GOSGSPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 M2</td>
<td>(GOSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>重整价 M1</td>
<td>(JETREGSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>重整价 M2</td>
<td>(JETREGSGMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料 M1</td>
<td>(JETSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料 M1/M2</td>
<td>(JETSGSPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料 M2</td>
<td>(JETSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 500ppm-迪拜裂解 M1</td>
<td>(GOSGCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>柴油 500ppm-迪拜裂解 M2</td>
<td>(GOSGCKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料裂解 M1</td>
<td>(JETSGCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>航空燃料裂解 M2</td>
<td>(JETSGCKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方 M1</td>
<td>(LGOAEFSMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方 M2</td>
<td>(LGOAEFSMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M1</td>
<td>(LGOAMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M1/M2</td>
<td>(LGOASPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LGO M2</td>
<td>(LGOAMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>裂解 LGO-布伦特 M1</td>
<td>(LGOACKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>裂解 LGO-布伦特 M2</td>
<td>(LGOACKMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
</div>

柴油市场结构略有上升；航空燃油的现货差价进一步下滑