智通财经APP获悉，高盛发布研报称，现予中国石油股份(00857)“买入”评级，H股目标价8.6港元，A股(601857.SH)目标价11.8元人民币。
该行指，辽阳石化的产能占中石油炼油产能4%，有关制裁或导致原油供应商及航运公司等取消原油供应交易，导致生产中断。不过该行认为，公司可转向非西方供应链采购原油，并增加俄罗斯原油进口量，以缓解部分影响。
另外，中石油香港是进口俄罗斯原油的贸易窗口，制裁可能影响部分依赖欧盟及金融中介机构、保险公司或船舶管理公司的交易，令交易变得更复杂。虽然制裁对俄罗斯原油进口量的影响尚未明确，但公司可透过采购其他等级的原油，以维持炼油产量，从而缓解对营运的影响。
假设中石油可透过调整原油采购以缓解生产中断影响，油价将继续是影响集团的主要因素。该行估算，在其他条件不变下，布伦特油价每桶价格每变动10美元，将令中石油的EBITDA相应变动13%。该行认为，若俄罗斯石油供应中断加剧，短期油价可能攀升至70美元区间。
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