摘要
Abstract
The U.S.reciprocal tariffinitiative,combined with OPEC+'s planned production increases from May onward,triggered a three-day consecutive plunge in benchmark crude prices including WTI and Brent.Though the U.S.tariffmeasures may significantly impact global political economies,supply-demand fundamentals remain the primary driver of international oil price fluctuations.Current volatility patterns continue to reflect a supply-driven market with combined supply-demand dynamics:On the supply side,capital investment,production costs,and resource limitations preclude substantial crude output growth.On the demand side,inelastic consumption characteristics prevent drastic reductions in crude oil demand.Short-term price fluctuations are anticipated but sustained sharp declines appear unlikely in the near-to-medium term.Under these judgments,Chinese oil companies should implement such four strategic priorities to ensure national oil and gas supply security as advancing domestic oil&gas reserve and production with high quality assurance,sustaining technological innovation in exploration and development,stably expanding overseas oil&gas resource acquisitions,and orderly enhancing domestic oil&gas storage capacity construction.关键词
美国对等关税/国际油价/原油供需/增储上产/科技创新/原油储备Key words
U.S.reciprocal tariffs/international oil prices/crude oil supply and demand/increasing reserves and production/scientific and technological and innovation/crude oil reserves分类
管理科学
