随着创纪录减产放缓 8月欧佩克+产量回升

据9月10日Oil Monster消息：最新调查显示，在沙特阿拉伯、俄罗斯和阿联酋大幅增产的带动下，欧佩克及其盟友在8月增加了原油产量，给全球经济走势不确定的脆弱市场增加了更多供应。

调查发现，欧佩克13个成员国的日产量为2,437万桶，较7月增长4%，而包括俄罗斯在内的9个成员国日产量增加1,267万桶，增幅为6%。

欧佩克+联盟创纪录的970万桶/天的减产协议是在5月疫情最严重期间实施的，该协议原定于今年下半年减缓至770万桶/天，因此8月产量增加并不出人意料。根据计算，该联盟本月新配额的合规率达到97%。

但增产之际，全球石油需求的快速复苏似乎正在停滞，原因是人们担心第二波疫情正在加剧。布伦特原油价格在45美元附近徘徊数周后，最近几天已跌至40美元/桶以下。

许多中东成员国曾表示，在炎热的8月，当空调设备全速运行时，他们将需要额外的发电供应，因此对市场的出口不会大幅增加。

调查发现，以欧佩克主要成员国沙特阿拉伯为例，其日产量较上月增加50万桶，至895万桶，但仍未达到其配额，而增加的大部分产量都消耗在了发电厂。

作为非欧佩克最大成员国的俄罗斯也曾表示，预计其增加的产量将用于国内消费。调查显示，该国日产石油909万桶，比配额高出1万桶。

调查发现，向来严格遵守配额的阿联酋将其日产量提高至274万桶，远远超过其上限。阿联酋国有石油公司ADNOC已表示，将把10月份的配额削减30%，以弥补这一缺口。

冯娟 摘译自 Oil Monster

原文如下：

OPEC+ Crude Oil Output Rises in August as Record Cuts Ease

OPEC and its allies pumped more crude oil in August, led by surges from Saudi Arabia, Russia and the UAE, according to the latest survey, adding more supplies to a fragile market uncertain of the global economy's trajectory.

OPEC's 13 members produced 24.37 million b/d, a 4% rise from July, while its nine partners, including Russia, added 12.67 million b/d, a 6% increase, the survey found.

The higher volumes were not unexpected as the OPEC+ coalition's record 9.7 million b/d production cut accord, implemented during the depths of the coronavirus crisis in May, had been scheduled to ease to 7.7 million b/d for the rest of the year starting in August. As such, the group achieved 97% compliance with its new quotas in the month, according to calculations.

But the increased production is coming at a time when the rapid recovery of global oil demand appears to be stalling, amid fears of a growing second wave of COVID-19 infections. Brent prices have tumbled in recent days to below $40/b, after weeks of hovering around $45/b.

Many Middle Eastern members had said that they would need extra supplies for electricity generation during a hot August, when air-conditioning units are running at full tilt, and that their exports to the market would not substantially increase.

OPEC kingpin Saudi Arabia, for example, boosted its production by 500,000 b/d month-on-month to 8.95 million b/d, still under its quota, the survey found, with most of the extra barrels consumed in its peaking power plants.

Russia, the largest non-OPEC member of the alliance, likewise had said it expected its additional production to be consumed domestically. It pumped 9.09 million b/d, above its quota by 10,000 b/d, according to the survey.

The UAE, which has traditionally demonstrated strong compliance with its quota, boosted its output to 2.74 million b/d, the survey found, far in excess of its cap. State oil company ADNOC has said it will slash its October term allocations by 30% to make up for the difference.