Core Viewpoint - Oil prices are expected to experience a weekly decline of approximately 7% to 8% due to potential supply increases from OPEC+ [1] Group 1: Price Movements - Brent crude futures have decreased by 8.1% this week, while West Texas Intermediate (WTI) crude is projected to decline by 7.5% [3] - A slight recovery in oil prices on Friday is attributed to positive risk sentiment [3] Group 2: OPEC+ Supply Changes - Eight OPEC+ member countries may agree to increase daily production by 274,000 to 411,000 barrels in November, which is two to three times the increase from October [4] - Analysts suggest that the anticipated increase in OPEC+ supply, combined with reduced crude processing at global refineries due to maintenance and seasonal demand declines, will exert pressure on market sentiment [4] Group 3: Market Outlook - Demand indicators in the Atlantic Basin have declined as summer demand ends, leading to expectations of oversupply in the market starting in October [4] - Analysts from JPMorgan believe that September marks a turning point, predicting significant oversupply in the oil market from the fourth quarter into the following year [4]
石油增产等多因素影响，油价周跌幅超7%
Huan Qiu Wang·2025-10-04 01:04