{"id":45838,"date":"2026-04-29T07:56:34","date_gmt":"2026-04-29T07:56:34","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e6%8d%ae%e3%80%8a%e5%8d%8e%e5%b0%94%e8%a1%97%e6%97%a5%e6%8a%a5%e3%80%8b%e6%8a%a5%e9%81%93%ef%bc%8c%e5%94%90%e7%ba%b3%e5%be%b7%c2%b7%e7%89%b9%e6%9c%97%e6%99%ae%e6%9b%be%e6%8c%87%e7%a4%ba%e5%b9%95\/"},"modified":"2026-04-29T07:56:34","modified_gmt":"2026-04-29T07:56:34","slug":"%e6%8d%ae%e3%80%8a%e5%8d%8e%e5%b0%94%e8%a1%97%e6%97%a5%e6%8a%a5%e3%80%8b%e6%8a%a5%e9%81%93%ef%bc%8c%e5%94%90%e7%ba%b3%e5%be%b7%c2%b7%e7%89%b9%e6%9c%97%e6%99%ae%e6%9b%be%e6%8c%87%e7%a4%ba%e5%b9%95","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e6%8d%ae%e3%80%8a%e5%8d%8e%e5%b0%94%e8%a1%97%e6%97%a5%e6%8a%a5%e3%80%8b%e6%8a%a5%e9%81%93%ef%bc%8c%e5%94%90%e7%ba%b3%e5%be%b7%c2%b7%e7%89%b9%e6%9c%97%e6%99%ae%e6%9b%be%e6%8c%87%e7%a4%ba%e5%b9%95\/","title":{"rendered":"\u636e\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u62a5\u9053\uff0c\u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e\u66fe\u6307\u793a\u5e55\u50da\u7b56\u5212\u5bf9\u4f0a\u6717\u5b9e\u65bd\u957f\u671f\u5c01\u9501"},"content":{"rendered":"

\u7f8e\u56fd\u5b98\u5458\u8868\u793a\uff0c\u6839\u636e\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u5468\u4e09\u7684\u62a5\u9053\uff0c\u7f8e\u56fd\u603b\u7edf\u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e\u5df2\u6307\u793a\u5e55\u50da\u89c4\u5212\u5bf9\u4f0a\u6717\u5b9e\u65bd\u957f\u671f\u6d77\u4e0a\u5c01\u9501\uff08blockade\uff0c\u6307\u4ee5\u519b\u4e8b\u6216\u6267\u6cd5\u529b\u91cf\u9650\u5236\u8239\u53ea\u8fdb\u51fa\u6e2f\u53e3\u4e0e\u6d77\u57df\uff0c\u963b\u65ad\u8d38\u6613\u4e0e\u8fd0\u8f93\uff09\u3002<\/p>\n

\u62a5\u9053\u6307\u51fa\uff0c\u8be5\u8ba1\u5212\u65e8\u5728\u901a\u8fc7\u963b\u6b62\u8239\u53ea\u8fdb\u51fa\u4f0a\u6717\u6e2f\u53e3\uff0c\u5411\u4f0a\u6717\u7ecf\u6d4e\u4e0e\u77f3\u6cb9\u51fa\u53e3\u65bd\u538b\u3002<\/p>\n

\u5c01\u9501\u7b56\u7565\u4e0e\u5e02\u573a\u5f71\u54cd<\/h3>\n

\u62a5\u9053\u4e5f\u79f0\uff0c\u7279\u6717\u666e\u8ba4\u4e3a\u5176\u4ed6\u9009\u9879\uff08\u5305\u62ec\u6062\u590d\u8f70\u70b8\u6216\u9000\u51fa\u51b2\u7a81\uff09\u6bd4\u7ee7\u7eed\u5c01\u9501\u66f4\u5177\u98ce\u9669\u3002<\/p>\n

\u5e02\u573a\u65b9\u9762\uff0c\u622a\u81f3\u64b0\u7a3f\u65f6\uff0c\u897f\u5fb7\u5dde\u4e2d\u8d28\u539f\u6cb9\uff08WTI\uff0c\u6307\u7f8e\u56fd\u4e3b\u8981\u539f\u6cb9\u4ef7\u683c\u57fa\u51c6\uff09\u4e0a\u6da81.08%\uff0c\u62a5\u6bcf\u687696.50\u7f8e\u5143\u3002<\/p>\n

\u6f5c\u5728\u7684\u957f\u671f\u5c01\u9501\u6d88\u606f\uff0c\u610f\u5473\u7740\u539f\u6cb9\u4ef7\u683c\u53ef\u80fd\u6301\u7eed\u627f\u538b\u4e0a\u884c\u3002WTI\u7acb\u523b\u8df3\u5347\u81f396.50\u7f8e\u5143\uff0c\u53cd\u6620\u5e02\u573a\u5df2\u628a\u201c\u4f9b\u5e94\u53ef\u80fd\u4e2d\u65ad\u201d\uff08supply disruption\uff0c\u6307\u539f\u6cb9\u4f9b\u5e94\u51cf\u5c11\u6216\u8fd0\u8f93\u53d7\u963b\uff09\u7eb3\u5165\u5b9a\u4ef7\u3002<\/p>\n

\u8fd9\u7c7b\u5730\u7f18\u653f\u6cbb\u7d27\u5f20\u5c06\u8fdb\u4e00\u6b65\u6536\u7d27\u672c\u5df2\u8106\u5f31\u7684\u4f9b\u9700\u5e73\u8861\u3002\u4f0a\u6717\u672c\u5b63\u5ea6\u6d77\u8fd0\u51fa\u53e3\uff08seaborne exports\uff0c\u6307\u901a\u8fc7\u6cb9\u8f6e\u6d77\u8fd0\u51fa\u53e3\uff09\u5e73\u5747\u7ea6\u6bcf\u65e5140\u4e07\u6876\u3002\u7f8e\u56fd\u80fd\u6e90\u4fe1\u606f\u7f72\uff08EIA\uff0c\u7f8e\u56fd\u5b98\u65b9\u80fd\u6e90\u6570\u636e\u673a\u6784\uff09\u8fd1\u671f\u6570\u636e\u5df2\u663e\u793a\u5168\u7403\u5e93\u5b58\uff08inventories\uff0c\u6307\u53ef\u7528\u4e8e\u4f9b\u5e94\u7684\u50a8\u6cb9\u91cf\uff09\u5728\u4e0b\u964d\uff0c\u56e0\u6b64\u4e00\u65e6\u4f0a\u6717\u4f9b\u5e94\u51cf\u5c11\uff0c\u5f71\u54cd\u4f1a\u66f4\u660e\u663e\uff0c\u5229\u597d\u80fd\u6e90\u76f8\u5173\u7684\u884d\u751f\u54c1\uff08derivatives\uff0c\u6307\u4ee5\u539f\u6cb9\u7b49\u8d44\u4ea7\u4ef7\u683c\u4e3a\u4f9d\u636e\u7684\u91d1\u878d\u5408\u7ea6\uff0c\u5982\u671f\u8d27\u4e0e\u671f\u6743\uff09\u3002<\/p>\n

\u671f\u6743\u90e8\u7f72\u4e0e\u8de8\u884c\u4e1a\u5bf9\u51b2<\/h3>\n

\u5728\u6b64\u73af\u5883\u4e0b\uff0c\u4e70\u5165WTI\u4e0e\u5e03\u4f26\u7279\u539f\u6cb9\u671f\u8d27\u7684\u770b\u6da8\u671f\u6743\uff08call options\uff0c\u6307\u7528\u56fa\u5b9a\u4ef7\u683c\u4e70\u5165\u7684\u6743\u5229\uff09\u662f\u6700\u76f4\u63a5\u7684\u7b56\u7565\u3002\u8fd1\u6708\u671f\u6743\u7684\u9690\u542b\u6ce2\u52a8\u7387\uff08implied volatility\uff0c\u6307\u5e02\u573a\u5bf9\u672a\u6765\u6ce2\u52a8\u7684\u9884\u671f\uff09\u5df2\u660e\u663e\u4e0a\u5347\uff0cCBOE\u539f\u6cb9\u6ce2\u52a8\u7387\u6307\u6570\uff08OVX\uff0c\u7528\u6765\u8861\u91cf\u539f\u6cb9\u671f\u6743\u9884\u671f\u6ce2\u52a8\uff09\u8df3\u6da8\u903e12%\u81f344\uff0c\u663e\u793a\u5e02\u573a\u9884\u671f\u4ef7\u683c\u6ce2\u52a8\u4f1a\u66f4\u5927\uff0c\u56e0\u6b64\u201c\u4e70\u671f\u6743\u201d\uff08long options\uff0c\u6307\u6301\u6709\u671f\u6743\u5e0c\u671b\u4ece\u5927\u5e45\u6ce2\u52a8\u4e2d\u83b7\u5229\uff09\u66f4\u5177\u5438\u5f15\u529b\u3002<\/p>\n

\u4ece\u5386\u53f2\u7ecf\u9a8c\u770b\uff0c2022\u5e74\u4fc4\u4e4c\u51b2\u7a81\u521d\u671f\u4e5f\u51fa\u73b0\u7c7b\u4f3c\u60c5\u51b5\uff1a\u5e03\u4f26\u7279\u539f\u6cb9\u56e0\u4f9b\u5e94\u62c5\u5fe7\u8fc5\u901f\u51b2\u4e0a\u6bcf\u6876120\u7f8e\u5143\u4ee5\u4e0a\uff0c\u8ba9\u6301\u6709\u770b\u6da8\u671f\u6743\u591a\u5934\u7684\u4eba\u83b7\u5f97\u53ef\u89c2\u673a\u4f1a\u3002\u867d\u7136\u89c4\u6a21\u672a\u5fc5\u76f8\u540c\uff0c\u4f46\u201c\u91cd\u5927\u4f9b\u5e94\u51b2\u51fb\u201d\uff08supply shock\uff0c\u6307\u4f9b\u5e94\u7a81\u7136\u51cf\u5c11\u5bfc\u81f4\u4ef7\u683c\u4e0a\u884c\uff09\u7684\u5e02\u573a\u5fc3\u7406\u76f8\u8fd1\u3002<\/p>\n

\u9664\u4e86\u539f\u6cb9\u672c\u8eab\uff0c\u4e5f\u8981\u7559\u610f\u5bf9\u5176\u4ed6\u677f\u5757\u7684\u8fde\u9501\u5f71\u54cd\u3002\u53ef\u901a\u8fc7\u5bf9\u80fd\u6e90\u516c\u53f8ETF\uff08\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff0c\u6307\u5728\u4ea4\u6613\u6240\u4e70\u5356\u7684\u4e00\u7bee\u5b50\u80a1\u7968\u57fa\u91d1\uff09\u4e70\u5165\u770b\u6da8\u671f\u6743\u5efa\u7acb\u504f\u591a\u4ed3\u4f4d\uff0c\u56e0\u4e3a\u6cb9\u4ef7\u4e0a\u5347\u901a\u5e38\u76f4\u63a5\u5229\u597d\u76f8\u5173\u4f01\u4e1a\u3002\u76f8\u53cd\uff0c\u71c3\u6cb9\u6210\u672c\u4e0a\u6da8\u4f1a\u51b2\u51fb\u8fd0\u8f93\u884c\u4e1a\uff0c\u53ef\u8003\u8651\u5bf9\u822a\u7a7a\u4e0e\u822a\u8fd0\u76f8\u5173\u6307\u6570\u4e70\u5165\u770b\u8dcc\u671f\u6743\uff08put options\uff0c\u6307\u7528\u56fa\u5b9a\u4ef7\u683c\u5356\u51fa\u7684\u6743\u5229\uff09\u4f5c\u4e3a\u5bf9\u51b2\uff08hedge\uff0c\u6307\u7528\u76f8\u53cd\u65b9\u5411\u7684\u4ea4\u6613\u6765\u964d\u4f4e\u98ce\u9669\uff09\u6216\u77ed\u7ebf\u62bc\u6ce8\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u7279\u6717\u666e\u4f20\u62df\u5bf9\u4f0a\u6717\u5b9e\u65bd\u957f\u671f\u6d77\u4e0a\u5c01\u9501\uff0c\u51b2\u51fb\u539f\u6cb9\u4f9b\u5e94\u9884\u671f\uff1bWTI\u8df3\u5347\u81f396.50\u7f8e\u5143\u3001OVX\u98d9\u6da8\u3002\u6cb9\u4ef7\u6216\u7eed\u504f\u5f3a\uff0c\u5b9c\u5e03\u5c40\u539f\u6cb9\u4e0e\u80fd\u6e90ETF\u770b\u6da8\u671f\u6743\uff0c\u5e76\u4ee5\u822a\u7a7a\u822a\u8fd0\u770b\u8dcc\u5bf9\u51b2\u98ce\u9669\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-45838","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=45838"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45838\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=45838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=45838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=45838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}