沙特阿拉伯表示在7月,本国每天石油产量将额外减产100万桶,使其产量降至原油价格暴跌几年后的最低水平。
在此次OPEC+会议上,其他产油国均未提出维持当前油价的额外措施,但将现有的产量削减计划延长到2024年。沙特能源部长阿卜杜勒·阿齐兹·本·萨勒曼亲王在会上发表了讲话,他表示沙特“将竭尽全力维持市场稳定”。
两个月前,沙特刚刚同意减产,但经过几轮减产后未能实现持续的价格反弹,因此沙特将加大减产力度。石油输出国组织(Organization of Petroleum Exporting Countries)及其盟友在4月初突然宣布减少每天约160万桶石油供应,但之后中国经济数据疲软和对经济衰退的担忧影响了石油期货的行情,5月在纽约交易的石油期货价格下跌11%。
阿卜杜勒·阿齐兹亲王表示,下个月的额外减产计划可能延长,但关于是否会真正延长减产计划,沙特将让市场“保持悬念”。沙特能源部长多次试图让看跌石油行情的投机者措手不及。他在上周日会议召开之前曾警告投机者“要小心”。
咨询公司拉皮丹能源集团(Rapidan Energy Group)的总裁、前白宫官员鲍勃·麦克纳利表示:“近期内,原油价格将主要取决于对意志的考验。”这将是“寻求市场稳定的沙特阿拉伯和看跌石油的期货合约交易商之间”的战争。
沙特周日宣布的额外减产计划,将使其在7月份的日产量降至约900万桶,创下自2021年6月以来的最低水平。2021年6月,石油产量从新冠疫情期间的低谷开始逐渐恢复。
周末OPEC+会议的主要赢家是阿联酋。阿联酋明年的生产配额提升,因为部分非洲国家被要求放弃部分未使用的配额。阿联酋能源部长苏海勒·阿尔·马兹鲁伊感谢其他成员国的能源部长增加生产配额,并表达了对OPEC的忠诚。
他说道:“我们将永远支持OPEC,并始终团结在一起。”这是一项重要的声明,因为阿联酋此前曾有过离开OPEC的想法,不止一次威胁如果无法获得更高生产配额,将离开该组织。
OPEC+第二大产油国俄罗斯未被要求在今年额外减产,但与其他成员国一样,俄罗斯将其当前的减产计划延长一年至2024年底。自从欧洲禁止对俄罗斯石油的大多数进口之后,俄罗斯与来自海湾地区的OPEC盟友们在亚洲市场的竞争日益激烈。最近几个月,由于俄罗斯的高石油出口量,关于其是否充分兑现了减产的承诺,也遭到了一些质疑。
由于各国部长为了OPEC+协议的细节讨价还价,最终公布时间推迟了几个小时。争议最多的一点是修改衡量多个国家减产量所依据的基准。会议代表表示,非洲国家安哥拉和尼日利亚几乎从未实现在三年前提出的产量目标,因此他们是反对减产计划最激烈的国家。
虽然这些国家无法充分利用其产量配额,但他们并不愿意放弃配额。有多个国家正在寻找新投资,以增加未来几年的产量,而限制性的OPEC+产量配额将影响他们对于外国投资者的吸引力。
这是一个政治上的苦果,而上周六晚上,在维也纳酒店里的谈判一直持续到深夜,周日各国又在OPEC总部进行了漫长的谈判。最终各国打破了僵局,非洲国家同意降低产量限额,但条件是他们的产能需要接受独立审查。(财富中文网)
翻译:刘进龙
审校:汪皓
沙特阿拉伯表示在7月,本国每天石油产量将额外减产100万桶,使其产量降至原油价格暴跌几年后的最低水平。
在此次OPEC+会议上,其他产油国均未提出维持当前油价的额外措施,但将现有的产量削减计划延长到2024年。沙特能源部长阿卜杜勒·阿齐兹·本·萨勒曼亲王在会上发表了讲话,他表示沙特“将竭尽全力维持市场稳定”。
两个月前,沙特刚刚同意减产,但经过几轮减产后未能实现持续的价格反弹,因此沙特将加大减产力度。石油输出国组织(Organization of Petroleum Exporting Countries)及其盟友在4月初突然宣布减少每天约160万桶石油供应,但之后中国经济数据疲软和对经济衰退的担忧影响了石油期货的行情,5月在纽约交易的石油期货价格下跌11%。
阿卜杜勒·阿齐兹亲王表示,下个月的额外减产计划可能延长,但关于是否会真正延长减产计划,沙特将让市场“保持悬念”。沙特能源部长多次试图让看跌石油行情的投机者措手不及。他在上周日会议召开之前曾警告投机者“要小心”。
咨询公司拉皮丹能源集团(Rapidan Energy Group)的总裁、前白宫官员鲍勃·麦克纳利表示:“近期内,原油价格将主要取决于对意志的考验。”这将是“寻求市场稳定的沙特阿拉伯和看跌石油的期货合约交易商之间”的战争。
沙特周日宣布的额外减产计划,将使其在7月份的日产量降至约900万桶,创下自2021年6月以来的最低水平。2021年6月,石油产量从新冠疫情期间的低谷开始逐渐恢复。
周末OPEC+会议的主要赢家是阿联酋。阿联酋明年的生产配额提升,因为部分非洲国家被要求放弃部分未使用的配额。阿联酋能源部长苏海勒·阿尔·马兹鲁伊感谢其他成员国的能源部长增加生产配额,并表达了对OPEC的忠诚。
他说道:“我们将永远支持OPEC,并始终团结在一起。”这是一项重要的声明,因为阿联酋此前曾有过离开OPEC的想法,不止一次威胁如果无法获得更高生产配额,将离开该组织。
OPEC+第二大产油国俄罗斯未被要求在今年额外减产,但与其他成员国一样,俄罗斯将其当前的减产计划延长一年至2024年底。自从欧洲禁止对俄罗斯石油的大多数进口之后,俄罗斯与来自海湾地区的OPEC盟友们在亚洲市场的竞争日益激烈。最近几个月,由于俄罗斯的高石油出口量,关于其是否充分兑现了减产的承诺,也遭到了一些质疑。
由于各国部长为了OPEC+协议的细节讨价还价,最终公布时间推迟了几个小时。争议最多的一点是修改衡量多个国家减产量所依据的基准。会议代表表示,非洲国家安哥拉和尼日利亚几乎从未实现在三年前提出的产量目标,因此他们是反对减产计划最激烈的国家。
虽然这些国家无法充分利用其产量配额,但他们并不愿意放弃配额。有多个国家正在寻找新投资,以增加未来几年的产量,而限制性的OPEC+产量配额将影响他们对于外国投资者的吸引力。
这是一个政治上的苦果,而上周六晚上,在维也纳酒店里的谈判一直持续到深夜,周日各国又在OPEC总部进行了漫长的谈判。最终各国打破了僵局,非洲国家同意降低产量限额,但条件是他们的产能需要接受独立审查。(财富中文网)
翻译:刘进龙
审校:汪皓
Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production to the lowest level for several years after a plunge in crude prices.
Speaking after an OPEC+ meeting in which other producers offered no additional action to buttress current oil prices, but did extend their existing cuts into 2024, Saudi Energy Minister Prince Abdulaziz bin Salman said the kingdom “will do whatever is necessary to bring stability to this market.”
The kingdom is doubling down on production cuts after the previous round of curbs — agreed just two months ago — failed to deliver a sustained price rally. The Organization of Petroleum Exporting Countries and its allies announced a surprise supply reduction of about 1.6 million barrels a day in early April, but since then weak economic data from China and recession fears have weighed on oil futures, which fell 11% in New York in May.
Next month’s additional cut could be extended, but the Saudis will keep the market “in suspense” about whether this will happen, Prince Abdulaziz said. The minister has repeatedly sought to catch bearish oil speculators off guard, warning them to “watch out” in the buildup to Sunday’s meeting.
“For the near term, crude prices will largely depend on a test of wills,” said Bob McNally, president of consultant Rapidan Energy Group and a former White House official. It will be a battle “between stability-seeking Saudi Arabia and bearish paper traders.”
The additional cuts announced on Sunday will bring Saudi production to about 9 million barrels a day in July, the lowest since June 2021 when output was still recovering from the depths of the Covid-19 pandemic.
The main winner from the weekend’s OPEC+ talks was the United Arab Emirates, which gets a boost to its production limit for next year at the expense of some African members who were asked to give up part of their unused quotas. Energy Minister Suhail Al Mazrouei thanked his colleagues for the increase and expressed the country’s loyalty to the cartel.
“We will always support OPEC and will always stay together,” he said. It was an important statement from a country that has previously toyed with the idea of leaving OPEC, on at least one occasion threatening to leave the group if it didn’t get a higher quota.
Russia, the second largest OPEC+ producer, wasn’t required to make any additional cuts this year, but like other members it extended its existing curbs by a year to the end of 2024. Moscow has increasingly been competing with its Gulf OPEC allies in Asian markets since Europe banned most imports of its oil. There have also been questions about whether it has fully implemented its pledged production cuts in recent months due to high volumes of exports.
The announcement of the OPEC+ deal was delayed by several hours as ministers haggled over the details. The most contentious point was the revision to the baselines against which the production cuts of several nations are measured. African nations Angola and Nigeria, which have struggled to meet their output targets almost since they were introduced three years ago, were the strongest holdouts, delegates said.
Even though the countries can’t fully utilize their output quotas today, they were unwilling to give them up, delegates said. Several of them are seeking new investments to boost production in coming years and a restrictive OPEC+ output quota could undermine their attractiveness to foreign investors.
It was a bitter political pill for them to swallow and talks dragged on through late night sessions in Vienna hotels on Saturday to a prolonged set of negotiations in the OPEC headquarters on Sunday. In the end, the impasse was resolved and the African countries agreed to lower output limits, subject to an independent review of their production capacities.