隨着市場一度重新押注美伊通過外交方式緩和緊張局勢，Brent曾回落至約80美元/桶，反映霍爾木茲海峽供應中斷的地緣風險溢價下降得比實體供應壓力緩解更快。 但這並不意味着能源市場已經真正寬鬆：成品油端仍明顯偏緊，辛烷值相關組分價格維持高位，高頻地區庫存前一週進一步下降。 花旗預計，隨着夏季需求退潮、煉廠開工恢復以及運營瓶頸緩解，汽油組分緊張有望在四季度逐步改善。因此，現階段需要區分「原油風險溢價回落」與「成品油實物供需寬鬆」：前者主要受地緣預期推動，後者取決於煉廠、庫存和貿易流真正恢復。 這一風險目前仍在反覆。8月11日，隨着美伊協議預期再次降溫，布油重新升至約87.8美元，同時全球柴油供應繼續偏緊，美國餾分油庫存已降至同期多年低位附近。

JP Morgan said global gas-turbine orders in Apr–Jun hit a record about 38 GW, up 29% QoQ and 71% YoY, driven by a sharp rise in power demand. The US accounted for nearly half of orders. Analysts led by Phil Buller said data-center expansion and broader electrification underpinned the surge; natural gas burns cleaner than coal and offers greater reliability than wind or solar. Supply constraints have emerged, with shortages in regions including Southeast Asia limiting delivery of planned capacity. Analysts said a combined-cycle gas turbine scheduled for 2031 delivery would cost roughly three times the price of the same unit delivered last year.

China Chamber of Commerce for Import and Export of Textiles data show China’s yarn and fabric exports totaled $42.68 billion in Jan–Jun 2026, up 2.8% YoY. By product: yarn exports $8.07 billion, +8.1% YoY; fabric exports $34.61 billion, +1.7% YoY.