石油價格戰一週年，油氣板塊絕地反擊？
去年此時，油氣板塊史無前例大跌。
今年此時，油氣板塊領漲大盤。
去年最慘板塊：油氣
2020年3月8日，俄羅斯和沙特阿拉伯爆發石油價格戰，2020年3月9日，國際原油市場油價大跌30%，引發了2020年3月9日的全球股市暴跌。價格戰期間，全球二級市場的油氣板塊"慘遭血洗"，股價腰斬不計其數，破產油企亦不鮮見，美油期貨抄底者更是抄到了史無前例的負油價！
圖片：2020年4月20日，5月美國WTI原油期貨大跌305.97%，
報收-37.63美元，史無前例的負油價
今年最強板塊：油氣
2021年的開局，科技股仍在狂飆，發出最強音，然而隨着美國十年期國債收益率在2月25日一舉狂飆突破1.5的警戒線，觸及1.61，科技股開始連連重挫，納斯達克綜合指數一度累跌10%，"港版納指"恆生科技指數累計跌超11%。
隨着疫苗的接種，疫情不斷改善，全球經濟復甦的預期不斷提升，美國十年期國債收益率開始飆升，打壓科技股、黃金股，油氣、金融則逆市成爲抗跌的順週期板塊。
經濟復甦預期的順週期板塊爲：油氣、金融、娛樂。去年最傷投資者的油氣、金融板塊，今年反而表現最佳。
圖片來源：wind
wind數據顯示，28個恆生主題指數中，年初至今(截至3月8日11:11分)，恆生中國內地石油及天然氣漲勢最強(累計漲幅31.58%），恆生中國內地銀行位居漲幅榜第二(累計漲幅15.68%)，恆生醫療保健表現最差墊底(累計表現-4.99%)，恆生港股通新經濟表現倒數第二(累計表現-3.43%)。
恆生中國內地石油及天然氣的成分股(中國石油股份、中國海洋石油、中海油田服務、中國石油化工股份、中石化煉化工程)，年初至今漲幅從29%-33%不等。
恆生中國內地銀行的成分股，年初至今漲幅從8%-43%不等，其中獲得"中國巴菲特"李錄重倉加持的郵儲銀行(1658)累計漲幅43.15%，位居榜首，招商銀行累計漲幅高達21.53%，位居第二。
油氣板塊此輪上漲的邏輯在於：需求端方面，經濟復甦的大背景，需求空間大；供給端方面，OPEC+繼續維持大規模減產，疊加近期中東不穩定地緣政治因素等。
風險提示：宏觀經濟波動，外部需求波動。
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