Core Viewpoint - International oil prices have declined as traders shift focus to supply growth prospects in the U.S. and other regions, while tensions surrounding Greenland have eased [1][2]. Group 1: Oil Price Movements - Brent crude oil prices fell approximately 1%, dropping below $65 per barrel [1][2]. - The American Petroleum Institute reported a 3 million barrel increase in U.S. crude oil inventories last week, with official data to be released later this week [1][2]. Group 2: Supply Dynamics - Kazakhstan's oil export restrictions are set to be lifted as maintenance on a key oil loading facility in the Black Sea nears completion, leading to a gradual decrease in the backlog of crude oil awaiting shipment at the Caspian Pipeline Consortium terminal [1][2]. - Venezuelan crude oil shipments are returning to the global market, and Indian refining giant Reliance Industries has resumed purchasing Russian crude oil, with deliveries expected between February and March of this year [1][2]. Group 3: Demand and Market Outlook - The International Energy Agency slightly raised its oil demand growth forecast but maintained its view that the global oil market will experience significant oversupply this year [1][2]. - Geopolitical tensions have eased, but supply-side risks remain unresolved, and cold weather is expected to boost U.S. crude oil demand, which may keep oil prices firm [2][3].
格陵兰岛风波平息,市场目光转向供应端,国际油价应声下跌
Xin Lang Cai Jing·2026-01-22 12:28