石油和天然气分析:2025年看跌意味着2026年开局疲软。2025年,油价下跌近20%,标志着布伦特原油连续第三年下跌,因为欧佩克+产量上升、美国页岩油产量弹性和库存激增引发的供应过剩担忧超过了地缘政治冲击。
Oil and Natural Gas Analysis: Bearish Breakdown in 2025 Signals Weak Start to 2026.Oil prices fell nearly 20% in 2025, marking Brent's third straight annual loss, as oversupply fears driven by rising OPEC+ output, resilient U.S. shale production, and surging inventories outweighed geopolitical shocks.