????通訊員 據全球能源新聞網2月28日報道，根據IEA石油市場報告(OMR)顯示， 2021年全球石油日需求量將增長540萬桶，達到9640萬桶，恢復到去年因疫情而損失量的60%左右。盡管預計21年第一季度石油需求將從去年第四季度的低點下降100萬桶/日，但更有利的經濟前景支撐了下半年需求的增強。新數據的整合將2019年的基準產量降低了33萬桶/天。
????由于歐佩克+的減產幅度有所緩解，非歐佩克+的產量增加，1月份全球石油供應增加了59萬桶/天，至9360萬桶/天。2月隨著沙特阿拉伯實施大規模自愿減產，全球石油產量將出現下降。OPEC+聯盟以外國家的前景正在改善，預計2021年將增加83萬桶/天，而2020年則減少130萬桶/天。
????全球隱含存量減少從去年第三季度的每日156萬桶加速到第四季度的每日224萬桶。去年12月，OECD工業類庫存續第五個月下跌。當月庫存減少4460萬桶(即144萬桶/天)，庫存為30.63億桶，比五年平均水平高出1.383億桶。產品領跌。OECD原油庫存比2020年5月的峰值低6280萬桶。1月份的數據顯示經濟繼續下滑。
????2月初洲際交易所布蘭特原油期貨升至逾60美元/桶，12個月現貨溢價突破4美元/桶，使價格回到疫情前的水平。票據市場推動價格走高，反映了21年下半年有利的整體經濟前景和歐佩克+供應削減。現貨市場落后于期貨市場，因為價差反映了結算貨物的一些延遲。
????因為遏制新冠疫情蔓延的措施(其傳染性更強的變種)嚴重影響了全球石油需求的近期復蘇，石油市場的再平衡在2021年初仍然脆弱。但下半年更為積極的經濟前景，以及歐佩克+承諾加快削減過剩石油庫存，為油價提供了新的支撐。2月初，市場趨緊的前景將基準原油價格推至一年高點，布倫特原油價格為60美元/桶，西德克薩斯中質原油價格為57美元/桶。
????郝芬 譯自 全球能源新聞網
????原文如下：
????GLOBAL OIL DEMAND SET TO REACH 96.4 MILLION BARRELS PER DAY IN 2021
????According to the IEA Oil Market Report (OMR) world oil demand is set to grow by 5.4 mb/d in 2021 to reach 96.4 mb/d, recovering around 60% of the volume lost to the pandemic in 2020. While oil demand is expected to fall by 1 mb/d in 1Q21 from already low 4Q20 levels, a more favourable economic outlook underpins stronger demand in the second half of the year. The incorporation of new data lowered the 2019 baseline by 330 kb/d.
????Global oil supply rose 590 kb/d in January, to 93.6 mb/d, as OPEC+ cuts eased and non-OPEC+ pumped more. In February, global output is set to fall as Saudi Arabia implements a sizeable voluntary cut. The outlook is improving for countries outside the OPEC+ alliance, with an 830 kb/d gain expected in 2021 versus a 2020 loss of 1.3 mb/d.
????Global implied stock draws accelerated from 1.56 mb/d in 3Q20 to 2.24 mb/d in 4Q20. In December, OECD industry stocks fell for the fifth consecutive month. A monthly decline of 44.6 mb (1.44 mb/d) left inventories at 3 063 mb, 138.3 mb above their five-year average. Products led the fall. OECD crude stocks were 62.8 mb below the May 2020 peak. January data show continued declines.
????ICE Brent crude futures rose above $60/bbl in early February and the 12-month backwardation breached $4/bbl, returning prices to pre-pandemic levels. Paper markets drove prices higher, reflecting a favourable overall economic outlook for 2H21 and OPEC+ supply cuts. Physical markets have lagged futures as differentials reflect some delays in clearing cargoes.
????The rebalancing of the oil market remains fragile in the early part of 2021 as measures to contain the spread of Covid-19, with its more contagious variants, weigh heavily on the near-term recovery in global oil demand. But fresh support has been provided by a more positive economic outlook for the second half of the year, along with a pledge from OPEC+ to hasten the drawdown of surplus oil inventories. The prospect of tighter markets ahead lifted benchmark crude oil prices to one-year highs in early February, with Brent trading at $60/bbl and WTI at $57/bbl.
