據油價網2023年8月8日報道，周二，加拿大投資管理公司Ninepoint Partners合伙人兼高級投資組合經理埃里克·納托爾在接受BNN彭博電視記者采訪時表示，到今年年底，全球原油庫存將降到8年來的最低點。

盡管對亞洲原油需求不穩的持續擔憂和美國高利率的可怕威脅周期性地拖累油價，但近期原油價格的反彈相當強勁。納托爾解釋說：“歸根結底，我們對原油市場健康狀況的衡量可以歸結為全球原油庫存。”

根據Kpler跟蹤數據，“到8月8日上午的實時數據：全球原油庫存處于8個月以來的低點。我們預計，由于需求依然強勁，從現在到年底，全球原油庫存將跌至8年來最低點。”納托爾說。納托爾補充說，需求能夠進行實時測量。

納托爾還提到了上周美國歷史上最大的原油庫存減少。

納托爾說，“從現在到年底，油價有強大的基本面支撐——考慮到目前的庫存水平，我們認為油價將在每桶80美元左右——我們認為，隨著時間的推移，油價應該會走強”。

在談到對經濟衰退的擔憂時，納托爾指出，歷史上只有兩次原油需求出現下滑，一次是在疫情期間，另一次是在金融危機期間。其他所有的經濟衰退都只是原油需求增長放緩，而不是原油需求本身下降。

8月8日下午早些時候，原油價格下跌，美國東部時間當天中午WTI價格為每桶81.28美元，當日每桶下跌0.66美元。當天布倫特原油基準價格下跌0.65美元，至每桶84.69美元。

國際能源署6月份發布的中期報告預測，由于高油價和供應安全問題促使世界各國加快能源轉型進程，未來幾年全球原油需求增長將放緩至幾乎停滯。

李峻 譯自 油價網

原文如下：

Crude Inventories To Sink To 8-Year Low This Year: Nuttall

Inventories of crude oil will reach an 8-year low by the end of this year, Eric Nuttal, partner and Senior Portfolio Manager at Ninepoint Partners, told BNN Bloomberg TV on Tuesday.

While persistent fear of Asian stuttering crude oil demand and the boogeyman of high interest rates are periodically dragging down oil prices, the recent price rally in crude oil has been fairly substantial. “When you boil it all down, our measurement of the health of the oil market comes down to oil inventories—globally,” Nuttall explained.

Using Kpler tracking data, “real time data as of this morning: global oil inventories are at an 8-month low. We expect between now and year end they will fall to an 8-year low due to strong demand still,” says Nuttal, who added that demand can be measured in real time.

Nuttal also referenced last weeks’ biggest crude oil inventory draw in the history of the United States.

“When we look between now and year end, there’s a strong fundamental support—we think at about $80 given where inventories are now—and we think we should strengthen as we go throughout the year.”

When speaking about recession fears, Nuttal pointed out that only twice in history has oil demand faltered—during Covid and during the Great Financial Crisis. All other recessions merely saw a slowdown in oil demand growth, not a dip in oil demand itself.

Crude oil prices were trading down on Tuesday in the early afternoon, with WTI at $81.28 at noon ET, down $0.66 per barrel on the day. The Brent crude oil benchmark was trading down $0.65 on the day at $84.69 per barrel.

The IEA’s medium-term report released in June predicts that world oil demand is set to slow almost to a halt in the coming years on high prices and supply security issues push the world to fast-track their energy transition efforts.