中东油国增产保卫战：欧佩克+场内力证市场刚需 场外封杀五大媒体

Core Viewpoint - OPEC's recent unexpected production increase plan is deemed necessary for the global market, despite Wall Street's pessimism about oil prices in the second half of the year [1] Group 1: Market Supply and Demand - Key oil-producing countries, including Saudi Arabia, UAE, and Kuwait, emphasize the need for the recent production increase, indicating that inventory levels have not significantly accumulated despite months of increased output [1] - Signs of supply tightness are evident, with crude oil inventories at the Cushing storage hub in Oklahoma reaching their lowest levels for the same period since 2014, and diesel inventories sharply declining [3] - OPEC+ unexpectedly announced an additional production of 411,000 barrels per day in April, which was later expanded to 548,000 barrels per day [4] Group 2: Demand Outlook - The CEO of Saudi Aramco, Amin Nasser, expresses optimism about healthy global oil demand growth despite trade challenges and tariff barriers impacting the global economy [4] - Kuwait's oil company CEO notes that the current market conditions are favorable, creating opportunities for market share acquisition due to potential supply tightness [4] Group 3: Future Concerns - TotalEnergies' CEO points out that the market's muted response to geopolitical tensions, such as the Israel-Iran conflict, suggests ample supply [4] - Analysts predict that the market may experience a reversal in supply-demand dynamics later this year as refinery processing rates decline and new production enters the market [5] Group 4: OPEC's Media Controversy - OPEC has faced criticism for restricting access to major media outlets, including Bloomberg, The New York Times, The Financial Times, and The Wall Street Journal, during its meetings, raising concerns about transparency [5] - The Saudi Energy Minister has previously criticized media coverage of OPEC, and the recent restrictions have limited journalists' opportunities to question ministers regarding production decisions [5]