国际市场油价走势分析和下半年预测

Analysis on Oil Market Trend and Outlook for Second Half of the Year

由于供需基本面宽松而地缘政治局势紧张,2014年上半年布伦特油价因而继续高居于每桶108美元左右。下半年需求季节性增加,而供应增长落后于预期,可能使基本面趋紧,油价低于上半年的机会减小。

The fundamentals of supply and demand loosen, but the geopoliitcal situaiton itghten, Brent price conitnued to spiral at about $108 per barrel in the ifrst half of this year. In the second half, seasonal demand will increase, while supply growth will lag behind expectaitons, thus may make the market fundamentals stressed, the possibility of oil price levels lower than those in the ifrst half has been subdued.