---
title: "儘管海灣地區局勢緊張，油價期貨仍顯示出暫時的供應衝擊"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/287087063.md"
description: "由於美國和以色列對伊朗的打擊，油價飆升，布倫特原油價格接近每桶 120 美元。市場正經歷反向市場，表明當前供應緊張，但對長期交易者可能帶來收益。然而，期貨顯示這種干擾將是短暫的，預計未來隨着價差縮小，供應將恢復正常"
datetime: "2026-05-20T14:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287087063.md)
  - [en](https://longbridge.com/en/news/287087063.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287087063.md)
---

# 儘管海灣地區局勢緊張，油價期貨仍顯示出暫時的供應衝擊

Prices surge on conflict: WTI and Brent spiked after US-Israeli strikes on Iran shut the Strait of Hormuz, with Brent peaking near $120 a barrel. Backwardation dominates curve: Near-term contracts trade at steep premiums, reflecting immediate supply stress but also creating roll yield gains for long traders. Market sees quick recovery: Futures imply the disruption will be short-lived, with spreads narrowing further out, signaling expectations for supply normalization.

### 相關股票

- [OXY.US](https://longbridge.com/zh-HK/quote/OXY.US.md)
- [OIH.US](https://longbridge.com/zh-HK/quote/OIH.US.md)
- [BNO.US](https://longbridge.com/zh-HK/quote/BNO.US.md)
- [XLE.US](https://longbridge.com/zh-HK/quote/XLE.US.md)
- [XOP.US](https://longbridge.com/zh-HK/quote/XOP.US.md)
- [IEZ.US](https://longbridge.com/zh-HK/quote/IEZ.US.md)
- [UCO.US](https://longbridge.com/zh-HK/quote/UCO.US.md)
- [VDE.US](https://longbridge.com/zh-HK/quote/VDE.US.md)
- [CRAK.US](https://longbridge.com/zh-HK/quote/CRAK.US.md)
- [IXC.US](https://longbridge.com/zh-HK/quote/IXC.US.md)
- [USO.US](https://longbridge.com/zh-HK/quote/USO.US.md)
- [IEO.US](https://longbridge.com/zh-HK/quote/IEO.US.md)
- [XES.US](https://longbridge.com/zh-HK/quote/XES.US.md)

## 相關資訊與研究

- [花旗喊 Brent 原油上看 120 美元 油市低估中東風險](https://longbridge.com/zh-HK/news/286971527.md)
- [瑞銀上調 9 月布蘭特油價預測至 105 美元](https://longbridge.com/zh-HK/news/287239620.md)
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- [突圍荷莫茲  阿聯：第二條陸上輸油管已完工五成](https://longbridge.com/zh-HK/news/287171408.md)