CAJ | 학술논문

由于供需基本面宽松而地缘政治局势紧张，2014年上半年布伦特油价因而继续高居于每桶108美元左右。下半年需求季节性增加，而供应增长落后于预期，可能使基本面趋紧，油价低于上半年的机会减小。
유우공수기본면관송이지연정치국세긴장，2014년상반년포륜특유개인이계속고거우매통108미원좌우。하반년수구계절성증가，이공응증장락후우예기，가능사기본면추긴，유개저우상반년적궤회감소。
The fundamentals of supply and demand loosen, but the geopoliitcal situaiton itghten, Brent price conitnued to spiral at about $108 per barrel in the ifrst half of this year. In the second half, seasonal demand will increase, while supply growth will lag behind expectaitons, thus may make the market fundamentals stressed, the possibility of oil price levels lower than those in the ifrst half has been subdued.