<p>新加坡，2 月 4 日（路透社）- 亚洲高硫燃料油（HSFO）上涨的势头在周三显现出停滞迹象，尽管市场情绪仍然得到大力支持，市场结构保持强劲的反向市场。</p>
<p>新加坡 2 月/3 月 380 重油的价差在周三收窄至每公吨 19 美元，此前在上一交易日曾扩大至超过 21 美元，贸易来源的数据表明。由于近期的激增，出现了一些抛售。</p>
<p>现货交易的动能也有所减弱，尽管 380 重油的几笔交易仍以支持性溢价出现。</p>
<p>与此同时，超低硫燃料油（VLSFO）的现金差价仍处于折扣状态，尽管新加坡交付的 VLSFO 海洋燃料的溢价保持坚挺，尽管货物差价下滑，交易员表示。</p>
<p>这主要是由于驳船供应紧张，许多交付已经在农历新年前排队。</p>
<p>两种等级的燃料油裂解价差在波动交易中走强。380 重油裂解价差（FO380BRTCKMc1）反弹至每桶近 5 美元的折扣，而 VLSFO 裂解价差（LFO05SGBRTCMc1）上升至每桶近 5 美元的溢价。</p>
<h3>库存数据</h3>
<ul>
<li>富查伊拉重油库存（FUJHD04）在截至 2 月 2 日的一周内下降 7.9%，降至 1053 万桶（166 万吨），标准普尔全球商品洞察发布的 FOIZ 数据显示。</li>
</ul>
<h3>其他新闻</h3>
<ul>
<li>油价在周三继续上涨，此前美国击落了一架伊朗无人机，武装的伊朗船只接近一艘美国旗帜的船只，重新点燃了华盛顿与德黑兰之间紧张局势升级的担忧。（O/R）- 美国政府正在努力尽早在本周发布一项一般许可证，允许公司在委内瑞拉生产石油和天然气，因为华盛顿希望鼓励该欧佩克国家的产量扩大，三位接近此事的消息人士告诉路透社。- 马拉松石油公司表示，在 1 月底购买了两批委内瑞拉原油，并预计其炼油厂将处理更多重油等级，公司的高管在财报电话会议上表示。- 印度将在全球形势变化的背景下多元化其能源来源，以确保公民的能源安全，贸易部长皮尤什·戈亚尔在周三表示，此前几天美国表示新德里将停止购买俄罗斯石油。</li>
</ul>
<h3>窗口交易（O/AS）</h3>
<ul>
<li>180 重油：无交易</li>
</ul>
<ul>
<li>380 重油：三笔交易</li>
</ul>
<ul>
<li>0.5% VLSFO：无交易</li>
</ul>
<h3>评估</h3>
<h3>燃料油</h3>
<h3>现金（$/吨）亚洲 变化 前值 RIC</h3>
<h3>收盘 收盘</h3>
<p>货物 - 0.5% VLSFO 454.22 11.71 442.51 (MFO05-SIN)</p>
<p>差价 - 0.5% VLSFO -1.45 -0.93 -0.52</p>
<p>差价&gt;</p>
<p>货物 - 180 重油 418.85 12.77 406.08 (FO180-SIN)</p>
<p>差价 - 180 重油 10.00 -0.25 10.25</p>
<p>差价&gt;</p>
<p>货物 - 380 重油 418.04 12.26 405.78 (FO380-SIN)</p>
<p>差价 - 380 重油 13.25 -0.86 14.11</p>
<p>差价&gt;</p>
<p>燃料油（离岸）2.00 0.00 2.00</p>
<p>溢价 - 380 重油</p>
<p>燃料油（离岸）4.00 -1.00 5.00</p>
<p>溢价 - 0.5% VLSFO</p>
<p>有关衍生品价格的列表，请参阅</p>
<p>ENSWAP/INFO 或以下 RIC：</p>
<p>180 重油 M1 (FO180SGSWMc1)</p>
<p>180 重油 M1/M2 (FO180SGSDMc1)</p>
<p>380 重油 M1 (FO380SGSWMc1)</p>
<p>380 重油 M1/M2 (FO380SGSDMc1)</p>
<p>0.5% VLSFO M1 (LFO05FSGMc1)</p>
<p>0.5% VLSFO M1/M2 (LFO05FSGSMc1)</p>
<p>裂解 180 重油 - 布伦特 M1 (FO180BRTCKMc1)</p>
<p>裂解 180 重油 - 迪拜 M1 (FO180SGCKMc1)</p>
<p>裂解 380 重油 - 布伦特 M1 (FO380BRTCKMc1)</p>
<p>裂解 380 重油 - 迪拜 M1 (FO380DUBCKMc1)</p>
<p>裂解 0.5% VLSFO-布伦特 M1 (LFO05SGBRTCMc1)</p>
<p>裂解 0.5% VLSFO-迪拜 M1 (LFO05SGDUBCMc1)</p>
<p>粘度 180 重油/380 重油 M1 (FOVISSGDFMc1)</p>
<p>Hi-5 0.5% VLSFO/380 重油 M1 (FO05-380SGMc1)</p>
<p>GoFo 10PPM/0.5% VLSFO M1 (GO10FO05FSGMc1)</p>
<p>东西方 M1 (FOSGEWMc1)</p>
<p>驳船 M1 (HFOFARAAMc1)</p>
<p>驳船 M1/M2 (HFOFARAASMc1)</p>
<p>裂解 驳船 - 布伦特 M1 (HFOFARAACMc1)</p>

油气服务 ETF - Market Vectors

德银原油基金 - PowerShares

美国近 12 月期原油期货 ETF

美国 WTI 原油 ETF

标普全球能源股指数 ETF - iShares

美国油气勘探与生产 ETF - iShares

2 倍做多彭博原油 ETF - ProShares

能源业 ETF - SPDR

油气开采 ETF - SPDR

美国布伦特原油期货基金

<p>亚洲高硫燃料油（HSFO）的涨势正在放缓，380-cst HSFO 的 2 月/3 月价差缩小至每公吨 19 美元。现货交易势头减弱，尽管仍有一些交易以支撑性溢价进行。超低硫燃料油（VLSFO）的现金差价仍处于折扣状态，但由于驳船供应紧张，交付的 VLSFO 海洋燃料的溢价保持坚挺。富查伊拉重油库存下降了 7.9%，降至 1053 万桶。在地缘政治紧张局势的背景下，油价上涨，美国正在考虑在委内瑞拉进行石油生产的许可证</p>

<p>SINGAPORE, Feb 4 (Reuters) - Asia’s high sulphur fuel oil (HSFO) rally showed signs of stalling on Wednesday, although sentiment was still largely supported, with the market structure holding in strong backwardation.</p>
<div class="lb-trans"><p>新加坡，2 月 4 日（路透社）- 亚洲高硫燃料油（HSFO）上涨的势头在周三显现出停滞迹象，尽管市场情绪仍然得到大力支持，市场结构保持强劲的反向市场。</p>
</div><p>The Singapore February/March timespread for 380-cst HSFO narrowed to $19 a metric ton on Wednesday, after widening beyond $21 in the previous session, data from trade sources showed. Some sell-offs took place following the recvent surge.</p>
<div class="lb-trans"><p>新加坡 2 月/3 月 380 重油的价差在周三收窄至每公吨 19 美元，此前在上一交易日曾扩大至超过 21 美元，贸易来源的数据表明。由于近期的激增，出现了一些抛售。</p>
</div><p>Spot trading momentum also cooled, though several trades for 380-cst HSFO continued to emerge at supportive premiums.</p>
<div class="lb-trans"><p>现货交易的动能也有所减弱，尽管 380 重油的几笔交易仍以支持性溢价出现。</p>
</div><p>Meanwhile, cash differentials for very low sulphur fuel oil (VLSFO) remained in discounts, though premiums of delivered VLSFO marine fuel in Singapore held firm despite the slump in cargo differentials, said traders.</p>
<div class="lb-trans"><p>与此同时，超低硫燃料油（VLSFO）的现金差价仍处于折扣状态，尽管新加坡交付的 VLSFO 海洋燃料的溢价保持坚挺，尽管货物差价下滑，交易员表示。</p>
</div><p>This was led by tighter barge availability, with many deliveries already lined up ahead of the Lunar New Year.</p>
<div class="lb-trans"><p>这主要是由于驳船供应紧张，许多交付已经在农历新年前排队。</p>
</div><p>Fuel oil cracks for both grades firmed in volatile trading. The 380-cst HSFO crack (FO380BRTCKMc1) rebounded to a discount near $5 a barrel, while VLSFO crack (LFO05SGBRTCMc1) rose to a premium near $5 a barrel.</p>
<div class="lb-trans"><p>两种等级的燃料油裂解价差在波动交易中走强。380 重油裂解价差（FO380BRTCKMc1）反弹至每桶近 5 美元的折扣，而 VLSFO 裂解价差（LFO05SGBRTCMc1）上升至每桶近 5 美元的溢价。</p>
</div><h3>INVENTORY DATA</h3>
<div class="lb-trans"><h3>库存数据</h3>
</div><ul>
<li>Fujairah heavy fuel inventories (FUJHD04) fell 7.9% to 10.53 million barrels (1.66 million tons) in the week to February 2, FOIZ data published by S&amp;P Global Commodity Insights showed.</li>
</ul>
<div class="lb-trans"><ul>
<li>富查伊拉重油库存（FUJHD04）在截至 2 月 2 日的一周内下降 7.9%，降至 1053 万桶（166 万吨），标准普尔全球商品洞察发布的 FOIZ 数据显示。</li>
</ul>
</div><h3>OTHER NEWS</h3>
<div class="lb-trans"><h3>其他新闻</h3>
</div><ul>
<li>Oil prices extended gains on Wednesday after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel in the Strait of Hormuz, rekindling fears of an escalation in tensions between Washington and Tehran. (O/R) - The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as Washington seeks to encourage expanded output in the OPEC nation since capturing its president, three sources close to the matter told Reuters. - Marathon Petroleum said it bought two cargoes of Venezuelan crude oil at the end of January and expects its refineries to process more heavy grades, company executives said during a post-earnings call. - India will diversify its energy sources as a strategy amid changing global circumstances and ensure energy security for its citizens, Trade Minister Piyush Goyal said on Wednesday, days after the U.S. said New Delhi will halt Russian oil purchases.</li>
</ul>
<div class="lb-trans"><ul>
<li>油价在周三继续上涨，此前美国击落了一架伊朗无人机，武装的伊朗船只接近一艘美国旗帜的船只，重新点燃了华盛顿与德黑兰之间紧张局势升级的担忧。（O/R）- 美国政府正在努力尽早在本周发布一项一般许可证，允许公司在委内瑞拉生产石油和天然气，因为华盛顿希望鼓励该欧佩克国家的产量扩大，三位接近此事的消息人士告诉路透社。- 马拉松石油公司表示，在 1 月底购买了两批委内瑞拉原油，并预计其炼油厂将处理更多重油等级，公司的高管在财报电话会议上表示。- 印度将在全球形势变化的背景下多元化其能源来源，以确保公民的能源安全，贸易部长皮尤什·戈亚尔在周三表示，此前几天美国表示新德里将停止购买俄罗斯石油。</li>
</ul>
</div><h3>WINDOW TRADES (O/AS)</h3>
<div class="lb-trans"><h3>窗口交易（O/AS）</h3>
</div><ul>
<li>180-cst HSFO: No trade</li>
</ul>
<div class="lb-trans"><ul>
<li>180 重油：无交易</li>
</ul>
</div><ul>
<li>380-cst HSFO: Three trades</li>
</ul>
<div class="lb-trans"><ul>
<li>380 重油：三笔交易</li>
</ul>
</div><ul>
<li>0.5% VLSFO: No trade</li>
</ul>
<div class="lb-trans"><ul>
<li>0.5% VLSFO：无交易</li>
</ul>
</div><h3>ASSESSMENTS</h3>
<div class="lb-trans"><h3>评估</h3>
</div><h3>FUEL OIL</h3>
<div class="lb-trans"><h3>燃料油</h3>
</div><h3>CASH ($/T) ASIA CHANGE PREV RIC</h3>
<div class="lb-trans"><h3>现金（$/吨）亚洲 变化 前值 RIC</h3>
</div><h3>CLOSE CLOSE</h3>
<div class="lb-trans"><h3>收盘 收盘</h3>
</div><p>Cargo - 0.5% VLSFO 454.22 11.71 442.51 (MFO05-SIN)</p>
<div class="lb-trans"><p>货物 - 0.5% VLSFO 454.22 11.71 442.51 (MFO05-SIN)</p>
</div><p>Diff - 0.5% VLSFO -1.45 -0.93 -0.52</p>
<div class="lb-trans"><p>差价 - 0.5% VLSFO -1.45 -0.93 -0.52</p>
</div><p>DIF&gt;</p>
<div class="lb-trans"><p>差价&gt;</p>
</div><p>Cargo - 180cst 418.85 12.77 406.08 (FO180-SIN)</p>
<div class="lb-trans"><p>货物 - 180 重油 418.85 12.77 406.08 (FO180-SIN)</p>
</div><p>Diff - 180cst 10.00 -0.25 10.25</p>
<div class="lb-trans"><p>差价 - 180 重油 10.00 -0.25 10.25</p>
</div><p>DIF&gt;</p>
<div class="lb-trans"><p>差价&gt;</p>
</div><p>Cargo - 380cst 418.04 12.26 405.78 (FO380-SIN)</p>
<div class="lb-trans"><p>货物 - 380 重油 418.04 12.26 405.78 (FO380-SIN)</p>
</div><p>Diff - 380cst 13.25 -0.86 14.11</p>
<div class="lb-trans"><p>差价 - 380 重油 13.25 -0.86 14.11</p>
</div><p>DIF&gt;</p>
<div class="lb-trans"><p>差价&gt;</p>
</div><p>Bunker (Ex-wharf) 2.00 0.00 2.00</p>
<div class="lb-trans"><p>燃料油（离岸）2.00 0.00 2.00</p>
</div><p>Premium - 380cst</p>
<div class="lb-trans"><p>溢价 - 380 重油</p>
</div><p>Bunker (Ex-wharf) 4.00 -1.00 5.00</p>
<div class="lb-trans"><p>燃料油（离岸）4.00 -1.00 5.00</p>
</div><p>Premium - 0.5% VLSFO</p>
<div class="lb-trans"><p>溢价 - 0.5% VLSFO</p>
</div><p>For a list of derivatives prices, please refer</p>
<div class="lb-trans"><p>有关衍生品价格的列表，请参阅</p>
</div><p>to ENSWAP/INFO or the RICs below:</p>
<div class="lb-trans"><p>ENSWAP/INFO 或以下 RIC：</p>
</div><p>180cst M1 (FO180SGSWMc1)</p>
<div class="lb-trans"><p>180 重油 M1 (FO180SGSWMc1)</p>
</div><p>180cst M1/M2 (FO180SGSDMc1)</p>
<div class="lb-trans"><p>180 重油 M1/M2 (FO180SGSDMc1)</p>
</div><p>380cst M1 (FO380SGSWMc1)</p>
<div class="lb-trans"><p>380 重油 M1 (FO380SGSWMc1)</p>
</div><p>380cst M1/M2 (FO380SGSDMc1)</p>
<div class="lb-trans"><p>380 重油 M1/M2 (FO380SGSDMc1)</p>
</div><p>0.5% VLSFO M1 (LFO05FSGMc1)</p>
<div class="lb-trans"><p>0.5% VLSFO M1 (LFO05FSGMc1)</p>
</div><p>0.5% VLSFO M1/M2 (LFO05FSGSMc1)</p>
<div class="lb-trans"><p>0.5% VLSFO M1/M2 (LFO05FSGSMc1)</p>
</div><p>Cracks 180cst-Brent M1 (FO180BRTCKMc1)</p>
<div class="lb-trans"><p>裂解 180 重油 - 布伦特 M1 (FO180BRTCKMc1)</p>
</div><p>Cracks 180cst-Dubai M1 (FO180SGCKMc1)</p>
<div class="lb-trans"><p>裂解 180 重油 - 迪拜 M1 (FO180SGCKMc1)</p>
</div><p>Cracks 380cst-Brent M1 (FO380BRTCKMc1)</p>
<div class="lb-trans"><p>裂解 380 重油 - 布伦特 M1 (FO380BRTCKMc1)</p>
</div><p>Cracks 380cst-Dubai M1 (FO380DUBCKMc1)</p>
<div class="lb-trans"><p>裂解 380 重油 - 迪拜 M1 (FO380DUBCKMc1)</p>
</div><p>Cracks 0.5% VLSFO-Brent M1 (LFO05SGBRTCMc1)</p>
<div class="lb-trans"><p>裂解 0.5% VLSFO-布伦特 M1 (LFO05SGBRTCMc1)</p>
</div><p>Cracks 0.5% VLSFO-Dubai M1 (LFO05SGDUBCMc1)</p>
<div class="lb-trans"><p>裂解 0.5% VLSFO-迪拜 M1 (LFO05SGDUBCMc1)</p>
</div><p>Visco 180cst/380cst M1 (FOVISSGDFMc1)</p>
<div class="lb-trans"><p>粘度 180 重油/380 重油 M1 (FOVISSGDFMc1)</p>
</div><p>Hi-5 0.5% VLSFO/380cst M1 (FO05-380SGMc1)</p>
<div class="lb-trans"><p>Hi-5 0.5% VLSFO/380 重油 M1 (FO05-380SGMc1)</p>
</div><p>GoFo 10PPM/0.5% VLSFO M1 (GO10FO05FSGMc1)</p>
<div class="lb-trans"><p>GoFo 10PPM/0.5% VLSFO M1 (GO10FO05FSGMc1)</p>
</div><p>East-West M1 (FOSGEWMc1)</p>
<div class="lb-trans"><p>东西方 M1 (FOSGEWMc1)</p>
</div><p>Barges M1 (HFOFARAAMc1)</p>
<div class="lb-trans"><p>驳船 M1 (HFOFARAAMc1)</p>
</div><p>Barges M1/M2 (HFOFARAASMc1)</p>
<div class="lb-trans"><p>驳船 M1/M2 (HFOFARAASMc1)</p>
</div><p>Crack Barges-Brent M1 (HFOFARAACMc1)</p>
<div class="lb-trans"><p>裂解 驳船 - 布伦特 M1 (HFOFARAACMc1)</p>
</div>

Asia Fuel Oil-HSFO rally stalls though market structure retains strength

Reuters

亚洲高硫燃料油的反弹势头停滞，但市场结构依然强劲