Analysis and Prediction of the Supply and Demand of China's Petroleum Products

Yuanqun Zhang ()
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Yuanqun Zhang: Northeast Sales Dalian Branch of Petrochina Company Limited

A chapter in Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023), 2024, pp 406-414 from Springer

Abstract: Abstract In the face of the changes in the operation of international crude oil prices caused by externality market factors such as the continuous fluctuation of international oil prices and the steady recovery of domestic oil product sales, this paper first analyzes the oil product market environment, and then introduces the completion of major indicators in the eastern region of PetroChina. The supply and demand situation of China's petroleum product oil was analyzed and predicted from both supply and demand levels. After analyzing the current market situation and comparing predictions, it can be seen that oil refining and sales enterprises must actively and pragmatically respond, closely connect with various measures such as sea and land transportation capacity, grasp the market situation, and jointly promote the maximization of overall benefits in the refined oil industry chain.

Keywords: Petroleum; Finished oil; Requirements; Forecast (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-260-6_52

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DOI: 10.2991/978-94-6463-260-6_52

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