摩根士丹利:地缘风险令石油交易员对长期头寸日益谨慎

格隆汇
Sep 09
摩根士丹利全球石油交易联席主管布伦丹·罗斯表示,随着俄乌和中东战争使未来数月的前景蒙上阴影,石油交易员对长期头寸日益谨慎。交易员正将衍生品头寸集中在较短的时间范围内,并对风险变得更加冷静客观。随着地缘政治风险上升,他们现在更具选择性,从广泛的衍生品敞口转向特定工具。罗斯表示:“人们对风险的把控更加精准。他们明确了自己真正想要什么,以及哪些是意料之外的无谓损耗。这导致市场流动性不足,尤其是长期合约。”“人们实际上只是在交易未来三到六个月的市场,然后流动性不足又进一步循环加剧了流动性问题。就实物与金融的脱节而言,显然主要集中在成品油市场。”

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