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

DOI

10.2991/978-94-6463-260-6_52How to use a DOI?

Keywords

Petroleum; Finished oil; Requirements; Forecast

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.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yuanqun Zhang
PY  - 2023
DA  - 2023/09/28
TI  - Analysis and Prediction of the Supply and Demand of China's Petroleum Products
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 406
EP  - 414
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_52
DO  - 10.2991/978-94-6463-260-6_52
ID  - Zhang2023
ER  -