The shortage of oil is always the fuse of war again and again, and now the price of oil is extremely high. It has risen a lot this year. The United States is going to fight Iraq again in order to get some "free oil". What's the problem with China's oil? Our country is big, of course, the proportion of oil used in daily life is also larger, and the price level shows that this substance is beginning to face insulation. I used to take a taxi from 5 yuan, but now I have grown to 1 yuan. In contrast, I can't help shivering. This is not in the city, I am in the oil field. What does this mean? Oil is as expensive as gold, which further confirms her elegant name of black gold. On several occasions, the oil supplied by the oilfield itself was not enough, so we went to other areas to buy it. Refining oil is a complicated process, and how can the whole region be supplied if it is not enough for self-supply? The shortage of oil made cars unusable and many factories shut down. Economic problems have also stagnated accordingly, and the economy represents the strength and weakness of a country. Therefore, when exploiting oil, we should use the most delicate method to extract it, develop all the oil, and prevent residual oil from appearing in the stratum. China can't always rely on imports to maintain its own national supply. Now China is constantly using new technologies to mine, both on land and in the ocean, and has made good achievements. Recently, international oil prices have hit record highs. On Friday, international futures oil broke through the $66 mark. Although the soaring oil price contains a bubble speculated by speculators, the tension between supply and demand will be the internal factor for the long-term high oil price. The price adjustment of refined oil in China has been lagging behind the change of international oil price. The continuous rise in oil prices means that the price of refined oil products, which has been raised several times this year, is still under pressure to raise prices. The high oil fever has also brought different effects on the A-share market which is currently in the recovery stage. The position in the whole industrial chain and the ability of cost transfer have become important factors affecting the operating efficiency of industries and enterprises. With the rise of oil price, the oil exploitation industry has benefited the most. Some fuel consumption and transportation enterprises are most directly affected. Processing and manufacturing enterprises with natural oil and its primary raw materials as the main raw materials have been greatly affected. The production costs of plastic products, chemical fiber manufacturing and rubber products with crude oil as the main raw materials have generally increased, which has brought greater cost pressure. Generally speaking, high oil prices are not conducive to the overall operation of the economy, but the high prosperity of the oil industry has also brought development opportunities to enterprises that are upstream in the industrial chain and have strong cost transfer ability. When it comes to the price increase and the shortage of oil, everyone pays more attention to the oil industry or related raw material industries. In fact, the shortage of oil has also brought vitality to the oil exploration and exploitation sector and related service industries. In the context of long-term high oil, investors can pay attention to the following stocks. China Petrochemical (628): China Petrochemical is the most eye-catching large-cap index stock in this round of market operation, and its strength is an important fulcrum to incite this rebound. As a leading stock in the petrochemical industry, the company has excellent performance and good growth. The earnings per share in 24 was .372 yuan, and in the first quarter of 25 it was .14 yuan. The company's current dynamic P/E ratio is about 1 times, which is still low. Recently, international oil prices have hit record highs and domestic refined oil prices have been raised many times, which indicates that the company's performance growth in 25 may exceed expectations. In recent years, the integration and reorganization of petrochemical systems will also support the company's further development. The non-tradable shares of the stock account for 77.42% of the total share capital, which means that the state-owned shareholders can form relatively high consideration compensation for the tradable shareholders while losing a small shareholding ratio. Yangzi Petrochemical (866): Yangzi Petrochemical with a share capital of 35 million can only be regarded as a small-cap stock in petrochemical stocks. But it is the most important high-quality asset of Sinopec. The earnings per share of this stock reached .563 yuan in the first quarter of 25, and the current P/E ratio is much lower than that of China Petrochemical. The rising oil price makes it possible for petrochemical enterprises in the upstream of crude oil processing to basically pass on the increased cost due to the rising crude oil to downstream enterprises by raising the price of petroleum products. Therefore, it can still benefit from the high oil price as a whole. Offshore Oil Engineering (6583): The company is the core enterprise in China's offshore oil engineering industry, with steady growth in performance, and it is one of the long-term lock-up targets of institutions. In recent years, China's oil reserves are not well prepared, and the old onshore oil fields are in a critical state of stable production or begin to enter a stage of overall decline, while offshore oil exploitation continues to develop. The company's market share is extremely high, and the continuous growth of energy demand has brought it sufficient project reserves and considerable profit prospects, which has brought great opportunities to the development of the company's main business, and the continuous improvement of technical level is the core of CNOOC Engineering to improve its main business competitiveness and profitability. China Shipping Development (626): The increase in oil prices is not conducive to the transportation industries such as aviation and highways, but it is beneficial to the shipping enterprises that transport oil. China Shipping's development income mainly comes from oil transportation and dry bulk cargo transportation mainly based on coal. Oil transportation is the pillar business of China Shipping Development. In the first half of 25, the domestic demand for crude oil was strong, and the supply of domestic crude oil and refined oil was sufficient. The company's oil transportation turnover in half a year was 35.82 billion tons, up 35.7% year-on-year. The transportation revenue was 2.346 billion yuan, up 28.8% year-on-year. Net profit increased by nearly 8% over the same period. But the adjustment of the overall prosperity of the shipping industry may affect the company's future growth. Jiangzuan Co., Ltd. (852), a listed company under China Petrochemical Group, has a unique advantage in oil drill bits, and its market share has remained above 6% for a long time. Its leading product, the roller bit, is an important project for drilling operations in various oil fields in China's oil industry. In recent two years, with the skyrocketing international oil prices, the prosperity of China's oil industry has been promoted, and various oil exploration enterprises have increased their investment in oil exploration. However, roller bits and other oil bits are consumables and cannot be reused. Therefore, the increase in domestic investment in oil exploration has directly increased the product sales of Jiangzuan.