石油:随着霍尔木兹海峡重新开放,布伦特和 WTI 走软——荷兰合作银行
荷兰合作银行(Rabobank)能源策略师乔·德劳拉(Joe DeLaura)和弗洛伦斯·施密特(Florence Schmit)在凡尔赛谅解备忘录(MoU)签署及霍尔木兹海峡逐步重新开放后,下调了布伦特和西德克萨斯中质原油(WTI)的预测。

荷兰合作银行(Rabobank)的能源策略师乔-德劳拉(Joe DeLaura)和弗洛伦斯-施密特(Florence Schmit)在凡尔赛谅解备忘录(MoU)签署及霍尔木兹海峡逐步重新开放后,下调了布伦特和西德克萨斯中质原油(WTI)的预测。他们现预计2026年第三季度布伦特油价为79美元/桶,第四季度为78美元,WTI分别为75.50美元和74美元,并预测2028年油价总体呈下降趋势。

谅解备忘录推动原油基准价下调

“我们将2026年第三季度布伦特油价预测从103美元/桶下调至79美元/桶,第四季度从93美元/桶下调至78美元/桶。我们预计2027年布伦特油价将降至74.50美元,2028年降至71美元。”

“因此,我们预计2026年第三季度WTI油价为75.50美元,第四季度为74美元,并将2027年预测下调至70美元/桶,2028年预测下调至66.50美元/桶。”

“假设霍尔木兹海峡在谅解备忘录60天试用期内保持开放且水雷被清除,我们预计油价将呈现初期看跌走势。”

“随着阿联酋(U.A.E.)退出欧佩克并扩建富查伊拉管道,以及南美和美国新油产量的增加,而未来三到五年增长乏力,我们预计长期油价将向美国的边际生产成本靠拢。”

“与此同时,只有围绕霍尔木兹海峡流量恢复的波动性,才会为油价带来一些短暂的提振。”

(本文借助人工智能工具生成,并由编辑审核。)

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