<p>作者：Steve Goldstein</p>
<p>12 月份的原油期货今年上涨了 47%，这表明交易员们并不预期市场会迅速恢复正常。</p>
<p>沙特阿拉伯石油巨头阿美石油的首席执行官阿敏·哈桑·纳赛尔表示，油市今年可能不会恢复正常。</p>
<p>全球最大石油公司的首席执行官周一表示，如果伊朗冲突在几周内没有解决，能源市场今年将不会恢复正常。</p>
<p>阿美石油（SA:2222）首席执行官阿敏·纳赛尔在公司发布第一季度财报后的分析师电话会议上表示：“如果霍尔木兹海峡今天开放，市场仍然需要几个月才能重新平衡，如果开放再延迟几周，那么正常化将持续到 2027 年。” 根据 S&amp;P Global 的转录。</p>
<p>纳赛尔提到，油轮的重新定位和闲置工厂恢复正常运营是导致这一延迟的因素之一。</p>
<p>不过，他指出，需求可能会迅速恢复，主要是由于重建战略储备和商业库存的需要。</p>
<p>周一，油价期货（BRN00）再次交易超过每桶 104 美元，此前美国拒绝了伊朗对其和平提议的回应。12 月份的油价期货（BRNZ26）交易约为 89 美元，今年上涨了 47%，这表明交易员们并不预期市场会迅速恢复正常。</p>
<p>阿美石油在能够依靠一条管道将每天约 700 万桶石油输送到出口市场，而无需经过霍尔木兹海峡方面独树一帜。</p>
<p>他说：“在以最高标准维护并将其提升至每天 700 万桶的能力方面，阿美石油在短短八天内成功转变了近 80 年的供应和出口运营模式。”</p>
<p>阿美石油还几乎完全依赖本地采购的材料来应对产量的中断。</p>
<p>他说，该公司的 “提升成本”——从地下提取石油的成本——仅为每桶 3.50 美元，约比竞争对手综合石油公司的平均水平低 50%。</p>
<p>阿美石油第一季度的调整后净收入增长了 26%，达到 335.9 亿美元。</p>
<p>-Steve Goldstein</p>
<p>此内容由 MarketWatch 创作，MarketWatch 由道琼斯公司运营。MarketWatch 与道琼斯新闻通讯和《华尔街日报》独立出版。</p>
<p>（完）道琼斯新闻通讯</p>
<p>05-11-26 0924ET</p>

沙特阿拉伯 MSCI ETF - iShares

<p>沙特阿美首席执行官阿敏·纳赛尔表示，如果伊朗冲突未能尽快解决，油市可能在今年无法恢复正常。他强调，即使霍尔木兹海峡重新开放，市场重新平衡可能需要几个月的时间，这可能会将正常化的时间延长至 2027 年。今年油价期货已上涨 47%，反映出交易者对快速复苏的担忧。沙特阿美的运营效率使其能够在不依赖霍尔木兹海峡的情况下每日出口 700 万桶原油，其提炼成本显著低于竞争对手</p>

<p>By Steve Goldstein</p>
<div class="lb-trans"><p>作者：Steve Goldstein</p>
</div><p>Oil futures for December have gained 47% this year, a sign that traders don't anticipate a quick return to normal</p>
<div class="lb-trans"><p>12 月份的原油期货今年上涨了 47%，这表明交易员们并不预期市场会迅速恢复正常。</p>
</div><p>Amin Hassan Nasser, CEO of Saudi Arabian oil giant Aramco, says the oil market may not return to normal this year.</p>
<div class="lb-trans"><p>沙特阿拉伯石油巨头阿美石油的首席执行官阿敏·哈桑·纳赛尔表示，油市今年可能不会恢复正常。</p>
</div><p>The chief executive of the world's biggest oil company on Monday said the energy market won't return to normal this year if the Iran conflict is not solved in just a few weeks.</p>
<div class="lb-trans"><p>全球最大石油公司的首席执行官周一表示，如果伊朗冲突在几周内没有解决，能源市场今年将不会恢复正常。</p>
</div><p>&#34;If the Strait of Hormuz opens today, it will still take months for the market to rebalance, and if its opening is delayed by a few more weeks, then normalization will last into 2027,&#34; Saudi Aramco (SA:2222) CEO Amin Nasser said during an analyst call a day after the company reported first-quarter earnings, according to a transcript from S&amp;P Global.</p>
<div class="lb-trans"><p>阿美石油（SA:2222）首席执行官阿敏·纳赛尔在公司发布第一季度财报后的分析师电话会议上表示：“如果霍尔木兹海峡今天开放，市场仍然需要几个月才能重新平衡，如果开放再延迟几周，那么正常化将持续到 2027 年。” 根据 S&amp;P Global 的转录。</p>
</div><p>Repositioning of tankers and a return to normal operations for idled plants were among the factors Nasser cited for the delay.</p>
<div class="lb-trans"><p>纳赛尔提到，油轮的重新定位和闲置工厂恢复正常运营是导致这一延迟的因素之一。</p>
</div><p>Demand could recover quickly, however, driven by a need to rebuild strategic reserves and commercial inventories, he noted.</p>
<div class="lb-trans"><p>不过，他指出，需求可能会迅速恢复，主要是由于重建战略储备和商业库存的需要。</p>
</div><p>Oil futures (BRN00) were again trading at over $104 per barrel on Monday after the U.S. rejected Iran's response to its peace proposal. Oil futures for December (BRNZ26) are trading around $89, a gain of 47% this year and a sign that traders don't anticipate a quick return to normal.</p>
<div class="lb-trans"><p>周一，油价期货（BRN00）再次交易超过每桶 104 美元，此前美国拒绝了伊朗对其和平提议的回应。12 月份的油价期货（BRNZ26）交易约为 89 美元，今年上涨了 47%，这表明交易员们并不预期市场会迅速恢复正常。</p>
</div><p>Aramco has been unique in being able to rely on a pipeline to get some 7 million barrels of oil a day to export markets without going through the Strait of Hormuz.</p>
<div class="lb-trans"><p>阿美石油在能够依靠一条管道将每天约 700 万桶石油输送到出口市场，而无需经过霍尔木兹海峡方面独树一帜。</p>
</div><p>&#34;In both maintaining it with the highest standard and ramping this up to capacity of 7 million barrels per day, Aramco managed to transform around 80 years' of supply and export operational modes in just eight days,&#34; he said.</p>
<div class="lb-trans"><p>他说：“在以最高标准维护并将其提升至每天 700 万桶的能力方面，阿美石油在短短八天内成功转变了近 80 年的供应和出口运营模式。”</p>
</div><p>Aramco has also been able to rely almost entirely on locally sourced materials to address disruptions to output.</p>
<div class="lb-trans"><p>阿美石油还几乎完全依赖本地采购的材料来应对产量的中断。</p>
</div><p>He said the company's &#34;lifting costs&#34; - the costs of extracting oil out of the ground - are just $3.50 per barrel, about 50% lower than the average of rival integrated oil companies.</p>
<div class="lb-trans"><p>他说，该公司的 “提升成本”——从地下提取石油的成本——仅为每桶 3.50 美元，约比竞争对手综合石油公司的平均水平低 50%。</p>
</div><p>Aramco's first-quarter adjusted net income rose 26% to $33.59 billion.</p>
<div class="lb-trans"><p>阿美石油第一季度的调整后净收入增长了 26%，达到 335.9 亿美元。</p>
</div><p>-Steve Goldstein</p>
<div class="lb-trans"><p>-Steve Goldstein</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此内容由 MarketWatch 创作，MarketWatch 由道琼斯公司运营。MarketWatch 与道琼斯新闻通讯和《华尔街日报》独立出版。</p>
</div><p>(END) Dow Jones Newswires</p>
<div class="lb-trans"><p>（完）道琼斯新闻通讯</p>
</div><p>05-11-26 0924ET</p>
<div class="lb-trans"><p>05-11-26 0924ET</p>
</div>

阿美石油公司首席执行官表示，如果伊朗冲突在几周内未能解决，今年的石油市场将无法恢复正常