:forwarding this take on OPEC UAE headlines:
this UAE OPEC thing seems like a nothingburger to me
currently producing ~2.4mm/day, max capacity ~4.8mm. while they can push about ~1.5mm thru gulf of oman, realistically the excess capacity does little for them until the SoH is opened
so front month isn’t really affected. theoretically a bit bearish back month (say, 6mo futs). but there’s realistically not much of a trade here as the basis collapses anyways if the SoH opens
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在欧佩克-阿联酋头条转发这一观点：
🌐 中文翻译
转发一下对OPEC/阿联酋头条的看法：
转发一下对OPEC/阿联酋头条的看法：
这件阿联酋与OPEC的事在我看来没什么大不了的
目前产量约240万桶/日，最大产能约480万桶/日。虽然他们可以通过阿曼湾输送约150万桶/日，但实际上在SoH开放之前，超出的产能对他们帮助不大
所以近月并未真正受影响。理论上对远月有些看跌（比如6个月期货）。但实际上这里并没有太多可做的交易，因为如果SoH一旦开放，基差无论如何都会崩溃