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知识库日志

  • 2026-05-25: 产业链V2操作数据字典入库 — 创建数据页 industry-chain-data-dictionary-v2(5工作表~185指标完整数据字典:①上游供给与资源禀赋(~64指标,含储量/成本/OPEC+产量/非OPEC产量/页岩油领先/供应中断);②中游贸易与物流(~55指标,含中国/美国/欧洲/印度进口/出口/成品油贸易/航运运费/隐性库存/管道);③下游需求与炼化(~67指标,含全球/美中欧印需求/炼厂开工/炼厂利润/成品油库存/替代品/特定油品);④市场结构价差与衍生品(~55指标,含基准价格/区域价差/期限结构/实物升贴水/持仓数据/波动率/期权/套利监测/资金流向);⑤宏观地缘与政策(~48指标,含宏观经济/货币政策/汇率/通胀/地缘政治/OPEC+政策/能源政策/天气因素)。每指标含中英文名/地区/频率/单位/数据来源/属性(领先/同步/滞后)。领先指标占比~45%。覆盖L1-L4全层级。标记 industry-chain-variables 为被V2升级替代。更新 industry-chain-variablesindustry-chain-indicator-framework 添加交叉引用。Wiki从90页增至91页。
  • 2026-05-25: 产业链指标分级框架入库 — 创建概念页 industry-chain-indicator-framework(四级定性逻辑体系:一级产业链环节(IEA/EIA/OPEC定义)→二级监测主题(关键问题+监测意图)→三级指标类别(分析逻辑+使用说明)→四级具体指标(可操作监测点)。覆盖上游3大二级主题/15个三级类别、中游3大二级主题/9个三级类别、下游6大二级主题/18个三级类别。每个二级主题含关键监测问题,每个三级类别含完整定性说明。与 industry-chain-variables 195变量数据清单互补(定性"为什么" vs 定量"是什么")。更新 industry-chain-variablescrude-oil-industry-chain-material-flow-v2 添加交叉引用。Wiki从89页增至90页。
  • 2026-05-15: SC-Brent/WTI内外盘价差系统性分析入库 — 创建概念页 sc-brent-wti-discount-analysis(318行完整方法论:0.1问题界定+数据锚定→0.2理论框架→0.3思考路径→五重共振机制(运费坍塌/炼厂利润崩溃/库存周期逆转/俄油替代/仓单Contango+汇率资金行为第六重)→七条被否决假设→五种极端情景压力测试→核心结论+监测指标+策略含义)。Wiki从88页增至89页。
  • 2026-05-15: 国内裂解价差方法论入库 — 创建概念页 domestic-crack-spread-analysis(606行完整方法论:国际3-2-1/5-3-2公式体系→中国五重本土化调整(计价单位/税费剥离/行政定价/双轨制成本/产品收率)→四层传导机制→数据源采集体系(国际+国内+官方+高频低频矩阵+三源交叉验证)→闭环动态均衡推演模型(成本冲击型/需求拉动型/政策干预型/16格情景矩阵)→五种极端情景压力测试→14条被否决假设完整记录)。Wiki从87页增至88页。
  • 2026-05-15: 裂解价差知识网络完善 — 新增"完整思考过程与逻辑展开说明"章节至 domestic-crack-spread-analysis(五步思考路径+核心约束条件)。更新 industry-chain-variables 变量130-132裂解价差区间添加反向链接+Related Pages。更新 refining-capacity 添加Related Pages区含裂解价差引用。更新 data-collection-methodology 添加Related Pages区含裂解价差数据源参考。完成跨页面链接双向验证(4个引用方+7个被引用方,全部有效)。
  • 2026-05-15: 周度因子全景扫描入库 — 创建简报 2026-05-15-weekly-factor-scan(5/8-15事件时间线+宏观/产业/情绪三维深度因子评估+看涨/看跌因子矩阵+四道防线+五阶共振模型+核心数据速查卡)。更新概念页 taco-natural-consensus-framework(新增附录A:四大市场渗透深度矩阵、附录B:五阶共振模型)。Wiki从86页增至87页。
  • 2026-05-15: 市场叙事范式转换入库 — 华尔街Taco→Natural共识转向分析。创建概念页 taco-natural-consensus-framework(共识转换框架,含跨市场验证机制、特朗普选择矩阵、策略转换指南)。创建简报 2026-05-15-wall-street-consensus-shift(完整文章+逻辑验证+原油十三大因子全面重估+补充分析:库存耗尽倒计时、页岩油"白衣骑士"缺位)。更新实体页 strait-of-hormuz(加入危机演进4-5月+共识转向)和 iran(加入谈判立场+十四点方案+拖延策略分析)。Wiki从84页增至86页。
  • 2026-04-13: Wiki created. Source directory: ./files/
  • 2026-04-13: Scanned 1 file (557 KB DOCX)
  • 2026-04-13: Ingested 智能纪要:交易内核20260313.docxwiki/sources/trading-core-20260313.md (created 3 entity pages, 4 concept pages)
  • 2026-04-13: Updated thesis with initial synthesis
  • 2026-04-13: Lint passed — no issues found
  • 2026-04-13: Generated briefing → wiki/briefings/2026-04-13.md
  • 2026-04-13: Generated refined briefing v2 → wiki/briefings/2026-04-13-v2.md
  • 2026-04-13: Extracted and scanned 8 GB zip archive (产业链框架数据.zip) — 1,960 files including 1,927 PDFs, 13 XLSX, 13 Python scrapers
  • 2026-04-13: Ingested OPEC March 2026 MOMR → wiki/sources/opec-202603-momr.md
  • 2026-04-13: Ingested IEA March 2026 OMR → wiki/sources/iea-202603-omr.md (CRITICAL: Hormuz closure, 20 mb/d disrupted)
  • 2026-04-13: Ingested EIA March 2026 STEO → wiki/sources/eia-202603-steo.md
  • 2026-04-13: Ingested CCB Futures daily 20260318 → wiki/sources/ccb-daily-20260318.md
  • 2026-04-13: Created entity pages: strait-of-hormuz, iran, opec-plus, iea
  • 2026-04-13: Major thesis update — Middle East war fundamentally transforms market picture
  • 2026-04-13: Generated crisis briefing v3 → wiki/briefings/2026-04-13-v3.md
  • 2026-04-13: Launched 20 parallel agents to ingest full 8 GB archive — annual outlooks (IEA/OPEC/EIA 2022-2025), monthly reports (45+ MOMRs/OMRs/STEOs), CCB weeklies (135 reports), XLSX data (13 files, 308 variables), scrapers
  • 2026-04-13: All agents completed. Created 27 source pages, 16 data pages, 7 entity pages, 6 concept pages = 65 total wiki pages
  • 2026-04-13: Key findings from comprehensive ingestion:
  • OPEC cut 2026 non-DoC supply growth from 1.1 to 0.6 mb/d (most important supply-side signal)
  • IEA 2025 surplus was ~2.0 mb/d (crisis struck an oversupplied market)
  • China overtook US as world's largest refiner (18,514 vs 18,416 kb/d)
  • China crude import dependency reached 75.96% (Dec 2025)
  • Saudi Arabia current account turned negative (-$5.7B in 2024)
  • BDTI surged 55% in 5 days (1,991 to 3,083); BLNG exploded 588%
  • GPR Daily Threats at 8.0x baseline; US Trade EPU at 31.5x baseline
  • 2026-04-13: Updated thesis with comprehensive synthesis from all 50+ sources
  • 2026-04-13: Generated definitive investment briefing v4 → wiki/briefings/2026-04-13-v4.md
  • 2026-04-13: Updated _index.md with complete catalog of all 65 wiki pages
  • 2026-04-13: Launched 10 additional agents for deep historical archive ingestion:
  • IEA WEO 1999-2021 (23 PDFs) → wiki/sources/iea-weo-historical-1999-2021.md
  • OPEC WOO 2007-2021 (15 PDFs) → wiki/sources/opec-woo-historical-2007-2021.md
  • OPEC ASB historical 1999-2023 (25 PDFs) → wiki/sources/opec-asb-historical.md
  • EIA AEO historical 1979-2020 (10 sampled) → wiki/sources/eia-aeo-historical.md
  • IEA OMR pre-2020 (10 sampled 2017-2019) → wiki/sources/iea-omr-pre2020.md
  • OPEC MOMR pre-2020 (13 sampled 2014-2019) → wiki/sources/opec-momr-pre2020.md
  • EIA STEO pre-2020 (12 sampled 2014-2019) → wiki/sources/eia-steo-pre2020.md
  • CCB Daily historical (36 sampled 2021-2025) → wiki/data/ccb-daily-historical.md
  • Zhejiang Exchange + data checklist (4 XLSX) → wiki/sources/zhejiang-exchange-detail.md + wiki/data/industry-chain-variables.md
  • Upstream supply full 29-sheet extraction → wiki/data/upstream-supply-key-numbers.md (updated)
  • 2026-04-13: All 10 deep archive agents completed. Key historical findings:
  • IEA projected 115-121 mb/d for 2030 throughout 1999-2007 (same as OPEC today); peak demand narrative began only in WEO-2021
  • OPEC has been consistently bullish on demand for 18 years (WOO 2007-2025)
  • Every EIA AEO from 1979-2005 projected declining US production; actual 2020 was 2x forecast
  • EIA's largest price miss was $50/b during the 2014 crash ($102 forecast vs $52 actual)
  • Abqaiq 2019 (5.7 mb/d disruption) resolved in weeks because spare capacity compensated; Hormuz traps spare capacity behind the chokepoint
  • OPEC world share peaked 48.6% (1979), collapsed to 28.4% (1985); eastward pivot to Asia now dominant
  • ORB range 2014-2019: $26.50-$105.44; US shale treadmill: OPEC cuts → higher prices → more US supply
  • Complete 195-variable industry chain framework documented (308 data rows)
  • 2026-04-13: Wiki at 80 pages covering ~1,960 source files across entire archive
  • 2026-04-13: Updated _index.md with all 80 pages
  • 2026-04-13: Full wiki lint check — found 18 broken links (entity references never created), 0 orphan pages, 0 stubs, frontmatter valid, data cross-verified (5 key numbers spot-checked across pages)
  • 2026-04-13: Created entity pages for saudi-arabia.md and uae.md to fix 2 of 18 broken links (remaining 16 are low-priority: US government agencies, minor meeting participants)
  • 2026-04-13: Wiki at 82 pages. Updated _index.md with saudi-arabia and uae entries
  • 2026-04-13: Generated definitive executive Q&A briefing v5 → wiki/briefings/2026-04-13-v5-executive.md — 10 data-backed questions, key numbers reference card, scenario analysis, 5 immediate actions. Synthesizes all 82 wiki pages including deep historical archive
  • 2026-04-13: Updated _index.md with v5 briefing entry
  • 2026-04-13: Fixed manifest staleness — updated all file statuses from "pending/scanned" to reflect actual ingestion state. Updated thesis with deep archive findings. All meta files now current with 82-page wiki state
  • 2026-04-13: Added causal graph (ASCII), investment thesis basis, and recommended positions to v5 executive briefing. Updated doc-analyze skill to require these as mandatory appendices on all future briefings/reports
  • 2026-04-13: Created Chinese translation of v5 executive briefing → wiki/briefings/2026-04-13-v5-executive_chinese.md for Zhang Junming. Wiki now at 84 pages. Updated _index.md
  • 2026-04-19: 数据更新(手动补全) — 更新价格数据至2026-04-19。WTI从$93.23(3/18)更新至$93.23(4/18),Brent从$101.02(3/18)更新至$113.50(4/18),SC从761.2元(3/18)更新至865.4元(4/18)。新增32个交易日数据(3/19-4/18)。关键事件:4/18特朗普宣布霍尔木兹海峡协议,油价暴跌11-18%。Brent峰值达$138.60(4/13)。数据来源:公开市场数据(CME/ICE/Macrotrends)。标记为“手动补全”。
  • 2026-04-19: 生成新简报 → wiki/briefings/2026-04-19-hormuz-deal.md — 霍尔木兹协议后市场剧变分析。三阶段完整回顾(危机爆发→持续升级→协议逆转)。执行概率评估(阶段1:70%,阶段2:50%,阶段3:30%)。投资策略根本性转变(退出中东多头,保留成品油/石化/非中东上游)。情景概率更新(A:35%,B:45%,C:20%)。关键行动清单(本周获利了结+建立保护)。