汇丰的Kim Fustier等分析师在一份报告中指出，由于OPEC+“仍决心夺回市场份额”，“我们预计配额增幅将在晚些时候的2026年第二季度/第三季度加速”。

　　该组织暂停一季度增产的决定“不应被解读为OPEC+重夺市场份额战略的重大转变”。

　　尽管该组织秘书处预测市场吃紧，但“季节性疲软的一季度需求是该集团真正的担忧所在”。

　　暂停增产“对我们的供需平衡略有积极影响，但不足以避免明年出现大量过剩”。

　　“即便当前OPEC+暂停增产，我们仍对其逆转趋势、再次减产持高度怀疑态度”。

　　该联盟可能仅在布伦特原油期货在长时间内跌破55美元/桶时才会减产。

　　汇丰维持对第四季度到2026年及以后布伦特原油65美元/桶的预测。

新浪合作大平台期货开户 安全快捷有保障

海量资讯、精准解读，尽在新浪财经APP

责任编辑：王许宁

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.