<h2>關鍵點</h2>
<ul>
<li>隨着中東地緣政治衝突的持續，全球石油庫存每天都在小幅下降。</li>
</ul>
<ul>
<li>在石油庫存處於 11 年低點的情況下，衝突的解決不會迅速恢復正常。</li>
</ul>
<ul>
<li>我們更看好的 10 只股票超過 Enterprise Products Partners ›</li>
</ul>
<p>全球石油市場是一個複雜的商業和資產網絡，包括可用石油的數量。根據一些估計，全球石油儲備處於 11 年低點。隨着中東地緣政治衝突的持續，這一安全緩衝正在進一步被削弱。更糟糕的是，衝突結束後，石油市場可能需要數月才能恢復正常。在如此多的不確定性下，投資者可能希望在這些可靠的高股息股票中保持謹慎。</p>
<h2>今天投資石油股票的問題</h2>
<p>石油行業內部人士不斷警告華爾街，中東衝突的影響並未完全反映在石油價格中。這就是 11 年低能源儲備所突顯的問題。投資者似乎沒有注意到，石油價格在對地緣政治衝突的新聞反應中起伏不定。</p>
<p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</strong></em></p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2OTQ4Ny8yNV8wMl8wNi1hLXdhdGVyLXBhaWwtd2F0ZXJpbmctcGxhbnRzLWF0b3AtYS1yaXNpbmctc2VyaWVzLW9mLWNvaW4tcGlsZXMtbGVhZGluZy10by1hLXBpZ2d5LWJhbmtfLW1mLWRsb2FkZ2V0dHlpbWFnZXMtMTIzNjkwMzAzMS0xMjAweDgwMC01YjJkZjc5LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2OTQ4Ny8yNV8wMl8wNi1hLXdhdGVyLXBhaWwtd2F0ZXJpbmctcGxhbnRzLWF0b3AtYS1yaXNpbmctc2VyaWVzLW9mLWNvaW4tcGlsZXMtbGVhZGluZy10by1hLXBpZ2d5LWJhbmtfLW1mLWRsb2FkZ2V0dHlpbWFnZXMtMTIzNjkwMzAzMS0xMjAweDgwMC01YjJkZjc5LmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<p>行業基本面最終可能會佔據中心舞台，推動石油價格上漲。但同樣可能的是，衝突仍然是主要驅動力，衝突結束後石油價格可能會下跌。因為投資者是高度情緒化的生物，所以沒有辦法知道。希望在能源領域獲得曝光的長期投資者應該謹慎行事。</p>
<h2>買入中介公司</h2>
<p><strong>Enterprise Products Partners</strong>（NYSE: EPD）和 <strong>Enbridge</strong>（NYSE: ENB）都已經連續數十年每年增加股息。它們的收益率分別為 5.5% 和 4.8%。但故事中最好的部分是，石油價格對它們的財務結果並不是那麼重要。石油需求通常在整個能源週期中都很強勁，才是真正推動業績的因素。</p>
<p>Enterprise 和 Enbridge 是收費中介，幫助在全球範圍內運輸石油和天然氣。它們對使用其能源基礎設施資產（如管道）收取費用，因此無論石油價格如何，都能產生高度可靠的現金流。這些現金流支撐着這些企業支付的高額股息。如果你購買這兩家中游巨頭的股票，你可以專注於你的股息支票，而忽略石油價格的波動和不可預測的變化。</p>
<h2>Enterprise 和 Enbridge：良好的地理位置是另一個優勢</h2>
<p>Enterprise 和 Enbridge 的另一個好處是它們在北美運營，遠離中東衝突。因此，它們的運營沒有受到影響。或者至少沒有受到負面影響，因為衝突可能導致一些國家重新考慮能源安全，開始從美國和加拿大購買更多石油。這可能會在長期內為 Enterprise 和 Enbridge 帶來更多業務，增加這些乏味的高收益能源投資的吸引力。</p>
<h2>現在應該購買 Enterprise Products Partners 的股票嗎？</h2>
<p>在你購買 Enterprise Products Partners 的股票之前，請考慮以下幾點：</p>
<p>_Motley Fool Stock Advisor_分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong> 供投資者現在購買……而 Enterprise Products Partners 並不在其中。入選的 10 只股票在未來幾年可能會產生鉅額回報。</p>
<p>考慮一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 477,813 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 1,320,088 美元</strong>！*</p>
<p>現在值得注意的是，<em>Stock Advisor_的總平均回報率為 986%——相比之下，標準普爾 500 指數的回報率為 208%。** 不要錯過最新的前 10 名單，加入由個人投資者為個人投資者建立的投資社區，獲取_Stock Advisor</em>。**</p>
<p><strong>查看這 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回報截至 2026 年 5 月 25 日。</em></p>
<p><em>Reuben Gregg Brewer 在 Enbridge 持有頭寸。Motley Fool 在 Enbridge 持有頭寸並推薦 Enbridge。Motley Fool 推薦 Enterprise Products Partners。Motley Fool 有披露政策。</em></p>
<p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映 Nasdaq, Inc.的觀點。</p>

安橋

北美管道公司指數 - Tortoise

<p>全球石油庫存降至 11 年來的最低水平，受到中東持續地緣政治衝突的加劇。投資者被建議保持謹慎，因為衝突的解決可能不會導致石油市場的快速復甦。像 Enterprise Products Partners 和 Enbridge 這樣的中游公司，因其強勁的股息收益和穩定的現金流，在波動中被視為更安全的投資選擇</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>關鍵點</h2>
</div><ul>
<li>Global oil inventories fall a little more every day the geopolitical conflict in the Middle East continues.</li>
</ul>
<div class="lb-trans"><ul>
<li>隨着中東地緣政治衝突的持續，全球石油庫存每天都在小幅下降。</li>
</ul>
</div><ul>
<li>With oil inventories at an 11-year low, a resolution to the conflict won't lead to a swift return to normal.</li>
</ul>
<div class="lb-trans"><ul>
<li>在石油庫存處於 11 年低點的情況下，衝突的解決不會迅速恢復正常。</li>
</ul>
</div><ul>
<li>10 stocks we like better than Enterprise Products Partners ›</li>
</ul>
<div class="lb-trans"><ul>
<li>我們更看好的 10 只股票超過 Enterprise Products Partners ›</li>
</ul>
</div><p>The global oil market is a complex web of businesses and assets, including the amount of oil that is available. Global oil reserves are at an 11-year low, by some estimates. That safety cushion is being eroded further each day the geopolitical conflict in the Middle East continues. Worse, it could take months for the oil market to return to normal after the conflict ends. With so much uncertainty, investors may want to err on the side of caution with these reliable dividend stocks.</p>
<div class="lb-trans"><p>全球石油市場是一個複雜的商業和資產網絡，包括可用石油的數量。根據一些估計，全球石油儲備處於 11 年低點。隨着中東地緣政治衝突的持續，這一安全緩衝正在進一步被削弱。更糟糕的是，衝突結束後，石油市場可能需要數月才能恢復正常。在如此多的不確定性下，投資者可能希望在這些可靠的高股息股票中保持謹慎。</p>
</div><h2>The problem with investing in oil stocks today</h2>
<div class="lb-trans"><h2>今天投資石油股票的問題</h2>
</div><p>Oil industry insiders keep warning Wall Street that the impact of the Middle East conflict isn't being fully reflected in oil prices. That's the issue highlighted by the 11-year low in energy reserves. Investors don't seem to be taking notice, as oil prices rise and fall in response to news about the geopolitical conflict.</p>
<div class="lb-trans"><p>石油行業內部人士不斷警告華爾街，中東衝突的影響並未完全反映在石油價格中。這就是 11 年低能源儲備所突顯的問題。投資者似乎沒有注意到，石油價格在對地緣政治衝突的新聞反應中起伏不定。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</strong></em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2OTQ4Ny8yNV8wMl8wNi1hLXdhdGVyLXBhaWwtd2F0ZXJpbmctcGxhbnRzLWF0b3AtYS1yaXNpbmctc2VyaWVzLW9mLWNvaW4tcGlsZXMtbGVhZGluZy10by1hLXBpZ2d5LWJhbmtfLW1mLWRsb2FkZ2V0dHlpbWFnZXMtMTIzNjkwMzAzMS0xMjAweDgwMC01YjJkZjc5LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F869487%2F25_02_06-a-water-pail-watering-plants-atop-a-rising-series-of-coin-piles-leading-to-a-piggy-bank_-mf-dloadgettyimages-1236903031-1200x800-5b2df79.jpg&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><p>It is possible that industry fundamentals will eventually grab center stage, pushing oil prices higher. But it is equally possible that the conflict remains the driving force, with an end to the conflict pushing oil prices lower. There's just no way to know, because investors are highly emotional creatures. So long-term investors who want exposure to the energy sector should probably tread with caution.</p>
<div class="lb-trans"><p>行業基本面最終可能會佔據中心舞台，推動石油價格上漲。但同樣可能的是，衝突仍然是主要驅動力，衝突結束後石油價格可能會下跌。因為投資者是高度情緒化的生物，所以沒有辦法知道。希望在能源領域獲得曝光的長期投資者應該謹慎行事。</p>
</div><h2>Buy the middlemen</h2>
<div class="lb-trans"><h2>買入中介公司</h2>
</div><p><strong>Enterprise Products Partners</strong>(NYSE: EPD) and <strong>Enbridge</strong>(NYSE: ENB) have both increased their dividends annually for decades. They offer yields of 5.5% and 4.8%, respectively. But the best part of the story is that oil prices aren't really that important to their financial results. Demand for oil, which is usually strong through the entire energy cycle, is what really drives performance.</p>
<div class="lb-trans"><p><strong>Enterprise Products Partners</strong>（NYSE: EPD）和 <strong>Enbridge</strong>（NYSE: ENB）都已經連續數十年每年增加股息。它們的收益率分別為 5.5% 和 4.8%。但故事中最好的部分是，石油價格對它們的財務結果並不是那麼重要。石油需求通常在整個能源週期中都很強勁，才是真正推動業績的因素。</p>
</div><p>Enterprise and Enbridge are toll takers, helping to move oil and natural gas around the world. They charge fees for the use of their energy infrastructure assets, such as pipelines, resulting in highly reliable cash flows regardless of oil prices. Those cash flows are what back the lofty dividends these businesses pay. If you buy these two midstream giants, you can focus on your dividend checks and ignore the volatile and unpredictable swings in oil prices.</p>
<div class="lb-trans"><p>Enterprise 和 Enbridge 是收費中介，幫助在全球範圍內運輸石油和天然氣。它們對使用其能源基礎設施資產（如管道）收取費用，因此無論石油價格如何，都能產生高度可靠的現金流。這些現金流支撐着這些企業支付的高額股息。如果你購買這兩家中游巨頭的股票，你可以專注於你的股息支票，而忽略石油價格的波動和不可預測的變化。</p>
</div><h2>Enterprise and Enbridge: A good location is another plus</h2>
<div class="lb-trans"><h2>Enterprise 和 Enbridge：良好的地理位置是另一個優勢</h2>
</div><p>Another bonus with Enterprise and Enbridge is that they operate in North America, far away from the Middle East conflict. So their operations aren't being impacted. Or at least not negatively impacted, since the conflict could cause some countries to rethink energy security and start buying more oil from the United States and Canada. And that would likely lead to more business for Enterprise and Enbridge over the long term, increasing the desirability of these boring, high-yield energy plays.</p>
<div class="lb-trans"><p>Enterprise 和 Enbridge 的另一個好處是它們在北美運營，遠離中東衝突。因此，它們的運營沒有受到影響。或者至少沒有受到負面影響，因為衝突可能導致一些國家重新考慮能源安全，開始從美國和加拿大購買更多石油。這可能會在長期內為 Enterprise 和 Enbridge 帶來更多業務，增加這些乏味的高收益能源投資的吸引力。</p>
</div><h2>Should you buy stock in Enterprise Products Partners right now?</h2>
<div class="lb-trans"><h2>現在應該購買 Enterprise Products Partners 的股票嗎？</h2>
</div><p>Before you buy stock in Enterprise Products Partners, consider this:</p>
<div class="lb-trans"><p>在你購買 Enterprise Products Partners 的股票之前，請考慮以下幾點：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and Enterprise Products Partners wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p>_Motley Fool Stock Advisor_分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong> 供投資者現在購買……而 Enterprise Products Partners 並不在其中。入選的 10 只股票在未來幾年可能會產生鉅額回報。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $477,813</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,320,088</strong>!*</p>
<div class="lb-trans"><p>考慮一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 477,813 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單時……如果你在我們推薦時投資了 1000 美元，<strong>你將擁有 1,320,088 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 986% — a market-crushing outperformance compared to 208% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>現在值得注意的是，<em>Stock Advisor_的總平均回報率為 986%——相比之下，標準普爾 500 指數的回報率為 208%。** 不要錯過最新的前 10 名單，加入由個人投資者為個人投資者建立的投資社區，獲取_Stock Advisor</em>。**</p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看這 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of May 25, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回報截至 2026 年 5 月 25 日。</em></p>
</div><p><em>Reuben Gregg Brewer has positions in Enbridge. The Motley Fool has positions in and recommends Enbridge. The Motley Fool recommends Enterprise Products Partners. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Reuben Gregg Brewer 在 Enbridge 持有頭寸。Motley Fool 在 Enbridge 持有頭寸並推薦 Enbridge。Motley Fool 推薦 Enterprise Products Partners。Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映 Nasdaq, Inc.的觀點。</p>
</div>

Global Oil Inventories Are at an 11-Year Low and Getting Worse. Here's Where Investors Should Look Now.

nasdaq

Enterprise Products Partner

第一信託北美能源基礎設施基金

油氣開採 ETF - SPDR

美國石油設備與服務 ETF - iShares

基礎設施指數 MLP ETF

能源基礎設施 MLP ETF - GlobalX

MLP ETF - GlobalX

油氣服務 ETF - Market Vectors

標普油氣設備與服務 ETF - SPDR

英偉達

英特爾

奈飛

標普 500 指數

納斯達克 OMX 交易所

NVIDIA Corporation

全球石油庫存已降至 11 年來的最低水平，並且情況還在繼續惡化。投資者現在應該關注哪些領域