From Thursday to Friday, international oil prices rebounded sharply, rising by 2. 17% in a single day, and the US crude oil index returned to a high of 5 1.76 USD/barrel. The latest factor pushing up the oil price is the September crude oil market monthly report issued by the Organization of Petroleum Exporting Countries (OPEC), which updated the expectation of global crude oil supply and demand prospects and raised the global crude oil demand growth by 50,000 barrels per day to1420,000 barrels per day in 20 17. However, the driving force behind the oil price shock since mid-September is the production reduction plan of the Organization of Petroleum Exporting Countries and Russia.

Expectation and impact: Analysts of Huatai Futures and China International Futures (Guangzhou Sales Department) believe that the oil price of 20 17 rose to $55 seven times, which proves that the market power is extremely powerful. More importantly, the break-even point of the shale gas industry in the United States is between $565,438 and $0 to $53. In other words, if the oil price rises to $55, the shale gas industry will start to make full profits, and the market supply is bound to increase. To this end, it is still quite difficult for the rebound of oil prices to reach and pass $55.

The recent rebound in oil prices will have a chain reaction on financial markets. First of all, domestic commodities such as coal, coke, asphalt and other black products and chemical products will be promoted positively, even if they fall back, the decline is relatively limited. And the rebound of crude oil will promote the launch of domestic crude oil futures. Finally, as long as there is no plunge, rebound or in-situ shock, the performance of A-share petrochemical energy sector will improve steadily, so we can pay attention to the mid-line investment value of petrochemical energy sector.