close

週一,美國石油價格跌至21年來的最低水平,隨著冠狀病毒大流行繼續壓榨需求,原油儲存設施迅速裝滿。美國西德克薩斯中質原油(WTI)期貨5月合約週一跌至每桶12.43美元,跌幅超過31%。這是自1999年3月4日以來的最低水平。WTI的5月合約定於週二到期,WTI的6月合約最新交易價為每桶23.58美元,下跌近6%。

期貨合約通常與現貨價格收斂,因為他們expiry.Meanwhile附近,國際基準的布倫特原油站在$ 26.63,週一為session.It低5%左右,正值高度關注的是, 成交量的油存放在美國的存儲量急劇上升,而冠狀病毒危機則通過大大減少消費量使問題更加複雜。SEB 首席商品分析師Bjarne Schieldrop 通過電子郵件對CNBC表示:

“目前,布倫特和西德克薩斯中質油的當前遠期原油曲線處於非常深的走勢中,但該趨勢也處於超負荷狀態。” 探戈市場意味著石油交易商相信原油價格將來會上漲,從而鼓勵他們現在儲存石油並在以後出售。“曲線都在說,我們有與存儲的一個大問題油Schieldrop指出,目前市場普遍認為全球經濟低谷和石油需求低谷將在2020年4月。他繼續說,下半年,存儲容量問題應“迅速消失”。因為預計石油需求將強勁反彈,而庫存將急劇下降。“這就是為什麼布倫特原油平均石油價格為2021至每桶40 $保持得這麼好,”Schieldrop補充。

“沒有任何一種希望的”

本月早些時候,高盛分析師警告說,冠狀震驚“了極為不利的油價格,並將內陸原油價格推向負數。” 這家美國投資銀行表示,預計像布倫特這樣的水基原油將更不受冠狀病毒衝擊的影響,價格可能仍保持在每桶20美元的現金成本附近,儘管暫時的漲幅會低於此。布倫特原油價格位於北海一個離水約500米的島上,可以通過油輪儲藏。相反,WTI是內陸的,距水500英里。高盛(Goldman Sachs)的分析師在一份研究報告中表示:“這說明了重要的一點。他們認為,水性原油比內陸價格等級(例如美國,加拿大和俄羅斯的原油)“定位更好”,因為它們相對容易獲得油輪儲存。“美國的形勢十分嚴峻,”美國高級商品策略師丹尼爾·海恩斯(Daniel Hynes) 澳新銀行週一告訴CNBC的“ Squawk Box”。Hynes繼續說:

“很明顯,作為一個相對內陸的市場,由於需求下降,我們看到了對存儲的真正壓力。” “我想,至少在下個月之前,對這種放鬆沒有任何希望。我認為價格將繼續承受壓力。”

Covid-19疫情意味著各國實際上不得不關閉,許多政府對數十億人的日常生活實施了限制性措施。它在能源市場上造成了前所未有的需求衝擊,陸上和海上的存儲空間迅速被裝滿。迄今為止,全世界已有240萬人感染冠狀病毒,死亡165257 人,根據約翰·霍普金斯大學(Johns Hopkins University)整理的數據。TankerTrackers.com的創始人Samir Madani告訴CNBC的“ Capital Connection”:“當然,向前看,我們將不得不看到美國的產量大幅下降才能將其推高一點。”在星期一。馬達尼說:

“美國能源對全球能源安全非常重要……因為如果不是美國能源,那麼價格將會高出很多。”

——————————- (原文)

US oil prices tumbled to their lowest level in more than 21 years on Monday, with crude storage facilities filling rapidly as the coronavirus pandemic continues to crush demand. The May contract of US West Texas Intermediate (WTI) futures fell to $12.43 a barrel on Monday , down more than 31%. That's its lowest level since March 4, 1999. The May contract of WTI is set to expire on Tuesday, with the June contract of WTI last trading at $23.58 a barrel, almost 6% lower. Futures contracts typically converge with spot prices as they near expiry.Meanwhile, international benchmark Brent crude stood at $26.63 on Monday, around 5% lower for the session.It comes amid heightened concern that the volume of oil held in US storage is rising sharply, with the coronavirus crisis compounding the problem by dramatically reducing consumption.

“The current forward crude oil curves for Brent and WTI are now in very deep contango, but the contango is also very front-loaded,” Bjarne Schieldrop, chief commodities analyst at SEB , told CNBC via email. A contango market implies oil traders believe crude prices will rally in the future, encouraging them to store oil now and to sell at a later date. “The curves are saying we have a big problem with the storage of oil right now,” Schieldrop said, noting the general market view seemed to be that the global economic trough and the oil demand trough would be April 2020. In the second half the year, he continued, the problem of storage capacity should “vanish rapidly” because oil demand is expected to rebound strongly, while inventories will draw down sharply.“This is why the Brent crude average oil price for 2021 is holding up so well at $40 a barrel,” Schieldrop added.

'Without any sort of hope'

Earlier this month, analysts at Goldman Sachs warned that the coronavirus shock was “extremely negative for oil prices and is sending landlocked crude prices into negative territory.” The US investment bank said it expected waterborne crudes like Brent to be far more insulated from the coronavirus shock, with prices likely to remain near cash costs of $20 a barrel — albeit with temporary spikes below. Brent is priced on an island in the North Sea roughly 500 meters from the water, where tanker storage is accessible. In contrast, WTI is landlocked and 500 miles from water. “This illustrates an important point,” analysts at Goldman Sachs said in a research note. They argued waterborne crudes were likely to be “better positioned” than landlocked price grades — like crude oils in the US,Canada and Russia — because they had comparatively easy access to tanker storage. “The US situation is quite dire,” Daniel Hynes, senior commodity strategist at ANZ , told CNBC's “Squawk Box” on Monday. “Clearly, being a relatively landlocked market there , we are seeing real pressure on storage as a consequence of the collapse in demand,” Hynes continued. “Without any sort of hope I suppose, at least over the next month about that easing up. I think prices are going to remain under pressure .”at least over the next month about that easing up. I think prices are going to remain under pressure.”at least over the next month about that easing up. I think prices are going to remain under pressure.”

The Covid-19 outbreak has meant countries have effectively had to shut down, with many governments imposing restrictive measures on the daily lives of billions of people. It has created an unprecedented demand shock in energy markets, with storage space – both onshore and offshore – quickly filling up. To date, more than 2.4 million people have contracted the coronavirus worldwide, with 165,257 deaths , according to data compiled by Johns Hopkins University. “Going forward, of course, we are going to have to see a lot of declines in production in the US in order to push this thing a little bit higher,” Samir Madani, founder of TankerTrackers.com, told CNBC's “Capital Connection” on Monday. “US energy is very important for global energy security … because if it wasn' t for US energy then prices would be a whole lot higher,” Madani said.

CNBC

稿源(譯):DevilTrader168 / US oil prices crash to their lowest level in over 21 years

更多文章:幣區

聲明:本文為作者獨立觀點,不代表幣區立場,且不構成投資建議。部分內容參照網絡信息,無法保證正確性,請謹慎對待。

arrow
arrow
    創作者介紹
    創作者 幣區-bitsreach 的頭像
    幣區-bitsreach

    幣區-bitsreach的部落格

    幣區-bitsreach 發表在 痞客邦 留言(0) 人氣()