{"id":7444,"date":"2025-11-18T15:41:07","date_gmt":"2025-11-18T07:41:07","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=7444"},"modified":"2025-11-18T15:59:01","modified_gmt":"2025-11-18T07:59:01","slug":"%e7%9f%b3%e6%b2%b9%e5%b8%82%e5%9c%ba%e9%99%b7%e5%a4%9a%e9%87%8d%e5%8d%9a%e5%bc%88%ef%bc%8c%e5%9c%b0%e7%bc%98%e9%a3%8e%e9%99%a9%e4%b8%8eopec%e6%94%bf%e7%ad%96%e6%88%90%e6%a0%b8%e5%bf%83%e5%8f%98","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/7444","title":{"rendered":"Th\u1ecb tr\u01b0\u1eddng d\u1ea7u m\u1ecf b\u1ecb m\u1eafc k\u1eb9t trong nhi\u1ec1u tr\u00f2 ch\u01a1i, v\u1edbi r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 c\u00e1c ch\u00ednh s\u00e1ch c\u1ee7a OPEC+ tr\u1edf th\u00e0nh bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i"},"content":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng d\u1ea7u qu\u1ed1c t\u1ebf hi\u1ec7n \u0111ang \u1edf m\u1ed9t ng\u00e3 t\u01b0 quan tr\u1ecdng. S\u1ef1 leo thang c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb \u1edf Venezuela g\u1eafn li\u1ec1n v\u1edbi nh\u1eefng kh\u00e1c bi\u1ec7t trong quy\u1ebft \u0111\u1ecbnh gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng c\u1ee7a OPEC+, ch\u1ed3ng ch\u1ea5t l\u00e0 vi\u1ec7c t\u00e1i c\u01a1 c\u1ea5u m\u00f4 h\u00ecnh cung c\u1ea7u to\u00e0n c\u1ea7u, c\u00f9ng nhau th\u00fac \u0111\u1ea9y s\u1ef1 b\u1ea5t \u1ed5n c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Wmax d\u1ef1a v\u00e0o kh\u1ea3 n\u0103ng theo d\u00f5i chuy\u00ean s\u00e2u v\u00e0 di\u1ec5n gi\u1ea3i ch\u00ednh s\u00e1ch c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u0103ng l\u01b0\u1ee3ng \u0111\u1ec3 ph\u00e2n lo\u1ea1i logic t\u00e1c \u0111\u1ed9ng c\u1ed1t l\u00f5i v\u00e0 xu h\u01b0\u1edbng ti\u1ec1m n\u0103ng cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

<\/a>R\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb c\u1ee7a Venezuela \u0111ang n\u00f3ng l\u00ean v\u00e0 ngu\u1ed3n cung d\u1ea7u th\u00f4 n\u1eb7ng \u0111\u00e3 tr\u1edf th\u00e0nh \u0111i\u1ec3m t\u1ef1a ch\u00ednh<\/strong><\/p>\n

Wmax nh\u1eadn th\u1ea5y qua x\u00e1c minh d\u1eef li\u1ec7u r\u1eb1ng v\u1edbi t\u01b0 c\u00e1ch l\u00e0 qu\u1ed1c gia c\u00f3 tr\u1eef l\u01b0\u1ee3ng d\u1ea7u \u0111\u00e3 \u0111\u01b0\u1ee3c ch\u1ee9ng minh l\u00e0 l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi, d\u1ea7u th\u00f4 n\u1eb7ng c\u1ee7a Venezuela c\u00f3 gi\u00e1 tr\u1ecb chi\u1ebfn l\u01b0\u1ee3c kh\u00f4ng th\u1ec3 thay th\u1ebf \u0111\u1ed1i v\u1edbi h\u1ec7 th\u1ed1ng l\u1ecdc d\u1ea7u to\u00e0n c\u1ea7u. Theo d\u1eef li\u1ec7u t\u1eeb Hi\u1ec7p h\u1ed9i c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t nhi\u00ean li\u1ec7u v\u00e0 h\u00f3a d\u1ea7u (AFPM), g\u1ea7n 70% c\u00f4ng su\u1ea5t l\u1ecdc d\u1ea7u c\u1ee7a M\u1ef9 ho\u1ea1t \u0111\u1ed9ng hi\u1ec7u qu\u1ea3 nh\u1ea5t khi x\u1eed l\u00fd d\u1ea7u th\u00f4 n\u1eb7ng. D\u1ea7u th\u00f4 n\u1eb7ng c\u1ee7a Venezuela \u0111\u00e3 tr\u1edf th\u00e0nh nguy\u00ean li\u1ec7u t\u00f9y ch\u1ec9nh cho c\u00e1c nh\u00e0 m\u00e1y l\u1ecdc d\u1ea7u \u1edf B\u1edd V\u1ecbnh Hoa K\u1ef3 do gi\u00e1 th\u1ea5p v\u00e0 kh\u1ea3 n\u0103ng s\u1ea3n xu\u1ea5t d\u1ea7u diesel c\u0169ng nh\u01b0 c\u00e1c nhi\u00ean li\u1ec7u c\u1ea7n thi\u1ebft cho c\u00f4ng nghi\u1ec7p kh\u00e1c. T\u1eeb g\u00f3c \u0111\u1ed9 s\u1ea3n xu\u1ea5t, Wmax \u0111\u00e3 xem x\u00e9t d\u1eef li\u1ec7u c\u1ee7a OPEC v\u00e0 EIA v\u00e0 ch\u1ec9 ra r\u1eb1ng m\u1eb7c d\u00f9 s\u1ea3n l\u01b0\u1ee3ng d\u1ea7u th\u00f4 c\u1ee7a Venezuela \u0111\u00e3 ph\u1ee5c h\u1ed3i nh\u1eb9 t\u1eeb 867.000 th\u00f9ng\/ng\u00e0y v\u00e0o n\u0103m 2024 l\u00ean 945.000 th\u00f9ng\/ng\u00e0y trong qu\u00fd 3 n\u0103m 2025, nh\u01b0ng n\u00f3 v\u1eabn gi\u1ea3m kho\u1ea3ng 70% so v\u1edbi m\u1ee9c 3,2 tri\u1ec7u th\u00f9ng\/ng\u00e0y c\u00e1ch \u0111\u00e2y 5 n\u0103m. V\u1ea5n \u0111\u1ec1 c\u1ed1t l\u00f5i n\u1eb1m \u1edf vi\u1ec7c \u0111\u1ea7u t\u01b0 kh\u00f4ng \u0111\u1ee7 d\u00e0i h\u1ea1n.<\/p>\n

\"\u56fe\u7247<\/p>\n

Sau khi Chevron nh\u1eadn \u0111\u01b0\u1ee3c gi\u1ea5y ph\u00e9p khoan m\u1edbi, Wmax theo d\u00f5i r\u1eb1ng kho\u1ea3ng 20% \u200b\u200bxu\u1ea5t kh\u1ea9u d\u1ea7u th\u00f4 c\u1ee7a Venezuela \u0111\u00e3 \u0111\u01b0\u1ee3c chuy\u1ec3n h\u01b0\u1edbng sang Hoa K\u1ef3, \u0111i\u1ec1u n\u00e0y c\u00e0ng c\u1ee7ng c\u1ed1 th\u00eam t\u1ea7m quan tr\u1ecdng c\u1ee7a n\u01b0\u1edbc n\u00e0y \u0111\u1ed1i v\u1edbi chu\u1ed7i c\u00f4ng nghi\u1ec7p l\u1ecdc d\u1ea7u c\u1ee7a Hoa K\u1ef3. C\u0103ng th\u1eb3ng hi\u1ec7n nay gi\u1eefa M\u1ef9 v\u00e0 Venezuela ti\u1ebfp t\u1ee5c leo thang v\u00e0 tr\u1edf th\u00e0nh \u0111i\u1ec3m r\u1ee7i ro c\u1ed1t l\u00f5i tr\u00ean th\u1ecb tr\u01b0\u1eddng. Nh\u00f3m nghi\u00ean c\u1ee9u \u0111\u1ecba ch\u00ednh tr\u1ecb c\u1ee7a Wmax \u0111\u00e3 theo d\u00f5i r\u1eb1ng vi\u1ec7c t\u0103ng c\u01b0\u1eddng l\u1ef1c l\u01b0\u1ee3ng qu\u00e2n s\u1ef1 c\u1ee7a Hoa K\u1ef3 \u1edf Caribe, k\u1ebft h\u1ee3p v\u1edbi nh\u1eefng tin \u0111\u1ed3n v\u1ec1 c\u00e1c cu\u1ed9c t\u1ea5n c\u00f4ng ti\u1ec1m t\u00e0ng \u0111\u01b0\u1ee3c truy\u1ec1n th\u00f4ng ti\u1ebft l\u1ed9, \u0111\u00e3 l\u00e0m t\u0103ng \u0111\u00e1ng k\u1ec3 nguy c\u01a1 gi\u00e1n \u0111o\u1ea1n ngu\u1ed3n cung. Quan \u0111i\u1ec3m c\u1ee7a nh\u00e0 ph\u00e2n t\u00edch Matt Smith c\u1ee7a Kpler nh\u1ea5t qu\u00e1n v\u1edbi nh\u1eadn \u0111\u1ecbnh c\u1ee7a Wmax: N\u1ebfu xung \u0111\u1ed9t l\u00e0m gi\u00e1n \u0111o\u1ea1n d\u00f2ng ch\u1ea3y d\u1ea7u c\u1ee7a Venezuela, n\u00f3 s\u1ebd t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn m\u00f4 h\u00ecnh xu\u1ea5t kh\u1ea9u trong ng\u1eafn h\u1ea1n, nh\u01b0ng trong trung v\u00e0 d\u00e0i h\u1ea1n, n\u0103ng l\u1ef1c s\u1ea3n xu\u1ea5t c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n nh\u1edd l\u1ee3i t\u1ee9c \u0111\u1ea7u t\u01b0. Ngo\u00e0i ra, c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t li\u00ean t\u1ee5c ch\u1ed1ng l\u1ea1i Nga c\u1ee7a Hoa K\u1ef3 v\u00e0 Ch\u00e2u \u00c2u \u0111\u00e3 g\u00e2y ra s\u1ef1 ki\u1ec7n b\u1ea5t kh\u1ea3 kh\u00e1ng \u0111\u1ed1i v\u1edbi Lukoil. N\u1ebfu t\u00ecnh tr\u1ea1ng gi\u00e1n \u0111o\u1ea1n ngu\u1ed3n cung \u1edf Venezuela x\u1ea3y ra ch\u1ed3ng ch\u1ea5t, nguy c\u01a1 thi\u1ebfu h\u1ee5t d\u1ea7u th\u00f4 n\u1eb7ng tr\u00ean to\u00e0n c\u1ea7u s\u1ebd c\u00e0ng t\u0103ng cao.<\/p>\n

<\/a>Nh\u1eefng b\u1ea5t \u0111\u1ed3ng c\u1ee7a OPEC+ v\u1ec1 vi\u1ec7c c\u1eaft gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng ng\u00e0y c\u00e0ng gia t\u0103ng, k\u1ef3 v\u1ecdng v\u1ec1 cung c\u1ea7u d\u01b0 th\u1eeba c\u00f9ng t\u1ed3n t\u1ea1i v\u1edbi s\u1ef1 c\u1ea1nh tranh th\u1ecb ph\u1ea7n<\/strong><\/p>\n

Nh\u00f3m nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng Wmax \u0111\u00e3 s\u1eafp x\u1ebfp d\u1eef li\u1ec7u kh\u1ea3o s\u00e1t th\u1ec3 ch\u1ebf v\u00e0 cho th\u1ea5y r\u1eb1ng m\u1eb7c d\u00f9 C\u01a1 quan N\u0103ng l\u01b0\u1ee3ng Qu\u1ed1c t\u1ebf (IEA) d\u1ef1 \u0111o\u00e1n r\u1eb1ng th\u1ecb tr\u01b0\u1eddng d\u1ea7u m\u1ecf to\u00e0n c\u1ea7u c\u00f3 th\u1ec3 d\u01b0 th\u1eeba k\u1ef7 l\u1ee5c 4 tri\u1ec7u th\u00f9ng m\u1ed7i ng\u00e0y v\u00e0o n\u0103m 2026 (kh\u00f4ng bao g\u1ed3m \u0111\u1ea1i d\u1ecbch v\u01b0\u01a1ng mi\u1ec7n m\u1edbi), g\u1ea7n 2\/3 c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi v\u00e0 nh\u00e0 ph\u00e2n t\u00edch \u0111\u01b0\u1ee3c kh\u1ea3o s\u00e1t tin r\u1eb1ng OPEC+ r\u1ea5t c\u00f3 th\u1ec3 s\u1ebd kh\u00f4ng c\u1eaft gi\u1ea3m s\u1ea3n l\u01b0\u1ee3ng v\u00e0o n\u0103m t\u1edbi. \u0110\u1eb1ng sau s\u1ef1 b\u1ea5t \u0111\u1ed3ng n\u00e0y l\u00e0 s\u1ef1 \u0111\u00e1nh \u0111\u1ed5i chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a c\u00e1c qu\u1ed1c gia th\u00e0nh vi\u00ean OPEC+: M\u1ee5c ti\u00eau c\u1ed1t l\u00f5i c\u1ee7a k\u1ebf ho\u1ea1ch t\u0103ng s\u1ea3n l\u01b0\u1ee3ng do c\u00e1c qu\u1ed1c gia c\u1ed1t l\u00f5i nh\u01b0 \u1ea2 R\u1eadp Saudi \u0111\u01b0a ra v\u00e0o th\u00e1ng 4 l\u00e0 gi\u00e0nh l\u1ea1i th\u1ecb ph\u1ea7n t\u1eeb c\u00e1c \u0111\u1ed1i th\u1ee7 c\u1ea1nh tranh nh\u01b0 d\u1ea7u \u0111\u00e1 phi\u1ebfn c\u1ee7a M\u1ef9. Ba ph\u1ea7n t\u01b0 s\u1ea3n l\u01b0\u1ee3ng b\u1ecb \u0111\u00ecnh ch\u1ec9 v\u00e0o n\u0103m 2023 \u0111\u00e3 \u0111\u01b0\u1ee3c kh\u00f4i ph\u1ee5c. Wmax ph\u00e2n t\u00edch m\u00f4 h\u00ecnh cung c\u1ea7u to\u00e0n di\u1ec7n ch\u1ec9 ra r\u1eb1ng m\u00e2u thu\u1eabn c\u1ed1t l\u00f5i tr\u00ean th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i n\u1eb1m \u1edf tr\u00f2 ch\u01a1i gi\u1eefa \u201ck\u1ef3 v\u1ecdng th\u00e1i qu\u00e1\u201d v\u00e0 \u201c\u00e1p l\u1ef1c t\u00e0i ch\u00ednh\u201d. Gi\u00e1 d\u1ea7u th\u00f4 t\u01b0\u01a1ng lai t\u1ea1i London \u0111\u00e3 gi\u1ea3m 14% trong n\u0103m nay xu\u1ed1ng g\u1ea7n 64 USD\/th\u00f9ng, g\u00e2y \u00e1p l\u1ef1c t\u00e0i ch\u00ednh \u0111\u00e1ng k\u1ec3 l\u00ean c\u00e1c qu\u1ed1c gia ph\u1ee5 thu\u1ed9c v\u00e0o doanh thu t\u1eeb d\u1ea7u m\u1ecf nh\u01b0 \u1ea2 R\u1eadp Saudi, qu\u1ed1c gia bu\u1ed9c ph\u1ea3i c\u1eaft gi\u1ea3m \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c d\u1ef1 \u00e1n kinh t\u1ebf h\u00e0ng \u0111\u1ea7u.<\/p>\n

\"\u56fe\u7247<\/p>\n

Tuy nhi\u00ean, Wmax nh\u1eadn th\u1ea5y r\u1eb1ng \u0111i\u1ec3m m\u1ea5u ch\u1ed1t trong ch\u00ednh s\u00e1ch c\u1ee7a OPEC+ r\u1ea5t r\u00f5 r\u00e0ng: ch\u1ec9 khi nhu c\u1ea7u s\u1ee5t gi\u1ea3m v\u00e0 gi\u00e1 d\u1ea7u gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 50 USD\/th\u00f9ng, ch\u00ednh s\u00e1ch t\u0103ng s\u1ea3n l\u01b0\u1ee3ng m\u1edbi c\u00f3 th\u1ec3 b\u1ecb \u0111\u1ea3o ng\u01b0\u1ee3c. S\u1ef1 kh\u00e1c bi\u1ec7t trong d\u1ef1 b\u00e1o v\u1ec1 quy m\u00f4 th\u1eb7ng d\u01b0 c\u1ee7a c\u00e1c c\u01a1 quan kh\u00e1c nhau c\u00e0ng l\u00e0m tr\u1ea7m tr\u1ecdng th\u00eam s\u1ef1 kh\u00f4ng ch\u1eafc ch\u1eafn v\u1ec1 ch\u00ednh s\u00e1ch. So s\u00e1nh Wmax cho th\u1ea5y d\u1ef1 b\u00e1o th\u1eb7ng d\u01b0 c\u1ee7a IEA cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi Goldman Sachs, HSBC v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c kh\u00e1c, trong khi BP ch\u1ec9 ra r\u1eb1ng t\u0103ng tr\u01b0\u1edfng ngu\u1ed3n cung t\u1eeb c\u00e1c n\u01b0\u1edbc s\u1ea3n xu\u1ea5t d\u1ea7u ngo\u00e0i OPEC c\u00f3 th\u1ec3 ch\u1eefng l\u1ea1i v\u00e0o \u0111\u1ea7u n\u0103m 2026. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 n\u1ebfu OPEC+ c\u00f3 th\u1ec3 t\u1ed3n t\u1ea1i trong th\u1eddi \u0111i\u1ec3m th\u1ecb tr\u01b0\u1eddng y\u1ebfu k\u00e9m trong ng\u1eafn h\u1ea1n, h\u1ecd d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd c\u1ee7ng c\u1ed1 l\u1ee3i th\u1ebf th\u1ecb ph\u1ea7n c\u1ee7a m\u00ecnh v\u00e0o cu\u1ed1i n\u0103m 2026, \u0111\u1eb7c bi\u1ec7t n\u1ebfu t\u0103ng tr\u01b0\u1edfng nhu c\u1ea7u d\u1ea7u k\u00e9o d\u00e0i h\u01a1n d\u1ef1 ki\u1ebfn.<\/p>\n

<\/a>Nhi\u1ec1u bi\u1ebfn s\u1ed1 \u0111an xen, r\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u01a1 h\u1ed9i ph\u00e2n b\u1ed5 c\u00f9ng t\u1ed3n t\u1ea1i.<\/strong><\/p>\n

M\u00f4 h\u00ecnh \u0111\u00e1nh gi\u00e1 r\u1ee7i ro Wmax cho th\u1ea5y c\u00e1c bi\u1ebfn s\u1ed1 \u1ea3nh h\u01b0\u1edfng c\u1ed1t l\u00f5i c\u1ee7a th\u1ecb tr\u01b0\u1eddng d\u1ea7u hi\u1ec7n t\u1ea1i c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u00f3m t\u1eaft th\u00e0nh ba lo\u1ea1i:<\/p>\n

Th\u1ee9 nh\u1ea5t, kh\u1ea3 n\u0103ng x\u1ea3y ra xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb \u1edf Venezuela. N\u1ebfu t\u00ecnh h\u00ecnh v\u01b0\u1ee3t qu\u00e1 t\u1ea7m ki\u1ec3m so\u00e1t, n\u00f3 c\u00f3 th\u1ec3 mang l\u1ea1i l\u1ee3i th\u1ebf \u0111\u1ecba ch\u00ednh tr\u1ecb 1-2 USD\/th\u00f9ng cho gi\u00e1 d\u1ea7u;<\/p>\n

Th\u1ee9 hai l\u00e0 t\u1ed1c \u0111\u1ed9 \u0111i\u1ec1u ch\u1ec9nh ch\u00ednh s\u00e1ch c\u1ee7a OPEC+ v\u00e0 kh\u1ea3 n\u0103ng ch\u1ea5p nh\u1eadn quy m\u00f4 v\u01b0\u1ee3t m\u1ee9c s\u1ebd tr\u1ef1c ti\u1ebfp x\u00e1c \u0111\u1ecbnh m\u1ee9c gi\u00e1 th\u1ea5p nh\u1ea5t;<\/p>\n

Th\u1ee9 ba l\u00e0 s\u1ee9c m\u1ea1nh ph\u1ee5c h\u1ed3i nhu c\u1ea7u to\u00e0n c\u1ea7u v\u00e0 kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i t\u0103ng tr\u01b0\u1edfng ngu\u1ed3n cung \u1edf c\u00e1c n\u01b0\u1edbc s\u1ea3n xu\u1ea5t d\u1ea7u ngo\u00e0i OPEC. Ti\u1ebfn \u0111\u1ed9 gi\u1ea3i ph\u00f3ng n\u0103ng l\u1ef1c s\u1ea3n xu\u1ea5t \u1edf Hoa K\u1ef3, Brazil v\u00e0 Guyana l\u00e0 r\u1ea5t quan tr\u1ecdng.<\/p>\n

\"\u56fe\u7247<\/p>\n

T\u1eeb g\u00f3c \u0111\u1ed9 d\u00e0i h\u1ea1n, Wmax tin r\u1eb1ng b\u1ea5t ch\u1ea5p m\u00e2u thu\u1eabn ng\u1eafn h\u1ea1n n\u1ed5i b\u1eadt gi\u1eefa cung v\u00e0 c\u1ea7u, c\u00e1c c\u01a1 h\u1ed9i mang t\u00ednh c\u01a1 c\u1ea5u v\u1eabn t\u1ed3n t\u1ea1i. Kho\u1ea3ng c\u00e1ch \u0111\u1ea7u t\u01b0 v\u00e0o ng\u00e0nh d\u1ea7u m\u1ecf c\u1ee7a Venezuela, s\u1ef1 c\u1ea1nh tranh l\u00e2u d\u00e0i v\u1ec1 th\u1ecb ph\u1ea7n c\u1ee7a OPEC+ v\u00e0 t\u00e1c \u0111\u1ed9ng ti\u1ec1m \u1ea9n c\u1ee7a vi\u1ec7c \u0111\u1ea7u t\u01b0 kh\u00f4ng \u0111\u1ee7 v\u00e0o d\u1ea7u kh\u00ed truy\u1ec1n th\u1ed1ng trong b\u1ed1i c\u1ea3nh chuy\u1ec3n \u0111\u1ed5i n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u c\u00f3 th\u1ec3 \u0111\u1ecbnh h\u00ecnh l\u1ea1i m\u00f4 h\u00ecnh cung c\u1ea7u trong t\u01b0\u01a1ng lai. Ngo\u00e0i ra, t\u00e1c \u0111\u1ed9ng li\u00ean t\u1ee5c c\u1ee7a c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t c\u1ee7a Nga v\u00e0 s\u1ef1 h\u1ed7 tr\u1ee3 c\u1ee7a nhu c\u1ea7u to\u00e0n c\u1ea7u \u0111\u1ed1i v\u1edbi d\u1ea7u diesel v\u00e0 c\u00e1c s\u1ea3n ph\u1ea9m ch\u01b0ng c\u1ea5t kh\u00e1c c\u0169ng s\u1ebd h\u1ed7 tr\u1ee3 gi\u00e1 d\u1ea7u \u1edf m\u1ee9c \u0111\u00e1y. Wmax khuy\u1ebfn ngh\u1ecb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean t\u1eadp trung v\u00e0o ba t\u00edn hi\u1ec7u ch\u00ednh: ti\u1ebfn tri\u1ec3n \u0111\u00e1ng k\u1ec3 trong t\u00ecnh h\u00ecnh \u1edf Venezuela, c\u00e1c tuy\u00ean b\u1ed1 ch\u00ednh s\u00e1ch t\u1eeb cu\u1ed9c h\u1ecdp qu\u00fd \u0111\u1ea7u ti\u00ean c\u1ee7a OPEC+ v\u00e0o n\u0103m t\u1edbi v\u00e0 h\u01b0\u1edbng \u0111i\u1ec1u ch\u1ec9nh trong d\u1eef li\u1ec7u cung c\u1ea7u h\u00e0ng th\u00e1ng c\u1ee7a EIA v\u00e0 IEA. Trong ng\u1eafn h\u1ea1n, ch\u00fang ta c\u1ea7n c\u1ea3nh gi\u00e1c v\u1edbi nh\u1eefng bi\u1ebfn \u0111\u1ed9ng do r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb g\u00e2y ra, c\u00f2n trong trung v\u00e0 d\u00e0i h\u1ea1n, ch\u00fang ta c\u00f3 th\u1ec3 t\u1eadp trung v\u00e0o c\u00e1c c\u01a1 h\u1ed9i ph\u00e2n b\u1ed5 trong qu\u00e1 tr\u00ecnh t\u00e1i c\u00e2n b\u1eb1ng cung c\u1ea7u.<\/p>","protected":false},"excerpt":{"rendered":"

Nguy c\u01a1 gi\u00e1n \u0111o\u1ea1n ngu\u1ed3n cung d\u1ea7u th\u00f4 n\u1eb7ng c\u1ee7a Venezuela \u0111\u00e3 leo thang v\u00e0 chu\u1ed7i l\u1ecdc d\u1ea7u \u1edf v\u00f9ng V\u1ecbnh c\u1ee7a M\u1ef9 b\u1ecb \u1ea3nh h\u01b0\u1edfng; OPEC + nh\u1ea5t quy\u1ebft t\u0103ng s\u1ea3n l\u01b0\u1ee3ng \u0111\u1ec3 chi\u1ebfm th\u1ecb ph\u1ea7n v\u00e0 IEA c\u1ea3nh b\u00e1o s\u1ebd d\u01b0 th\u1eeba 4 tri\u1ec7u th\u00f9ng v\u00e0o n\u0103m 2026. Ba bi\u1ebfn s\u1ed1 v\u1ec1 \u0111\u1ecba l\u00fd, ch\u00ednh s\u00e1ch v\u00e0 nhu c\u1ea7u \u0111an xen v\u00e0 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 d\u1ea7u ng\u00e0y c\u00e0ng gia t\u0103ng. D\u01b0\u1edbi 64 USD, t\u1eadp trung v\u00e0o \u0111\u00e1y ch\u00ednh s\u00e1ch 50 USD, \u0111\u1ec3 ng\u0103n ch\u1eb7n r\u1ee7i ro trong ng\u1eafn h\u1ea1n v\u00e0 t\u00e1i c\u00e2n b\u1eb1ng c\u00e1c c\u01a1 h\u1ed9i trong trung v\u00e0 d\u00e0i h\u1ea1n.<\/p>","protected":false},"author":1,"featured_media":7449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[121],"tags":[168,169,167],"class_list":["post-7444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-opec","tag-169","tag-167"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/7444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=7444"}],"version-history":[{"count":2,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/7444\/revisions"}],"predecessor-version":[{"id":7460,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/7444\/revisions\/7460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/7449"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=7444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=7444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=7444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}