摘要
油价上涨的最大获益者不是石油生产商而是交易商和投机基金,投机基金在能源领域的总体回报率达15%左右。全球有420家专业从事能源投机的对冲基金,每天用于交易的投机资金有1000亿美元,油市成为投机基金炒作的天堂。投机基金的行为具有“头羊效应”,这也加强了投机基金对油市的冲击力。但油价从根本上受供求关系制约,不会无限制地涨下去。靠炒作出来的高油价是当前世界经济中最大的泡沫,随时可能会破灭,对此应引起警惕。
The biggest beneficiaries of oil price increases are not manufacturers and dealers but speculative funds. Speculative funds in the energy field overall return rate of around 15%. There are 420 hedge funds specialized in the global energy. Daily transactions for speculative funds have 100 billion U.S. dollars, the oil market became speculation paradise. Speculative fund acts as a "sheep effect". This also strengthens the impact on the oil market. Fundamentally affected by the oil supply and demand constraints, oil price will not be unrestricted high. Stirred up by the high oil prices on the world economy is currently the largest bubble, and there may be dashed, which should arouse more attention.
出处
《天然气技术与经济》
2006年第4期14-15,78-79,共4页
Natural Gas Technology and Economy
