Adjustment of global crude oil supply pattern under the great power game and its inspiration on China
In recent years,the global crude oil supply pattern has undergone important adjustments in the turbulent geopolitical landscape.The Middle East,as OPEC's main members,is still an important control valve of global oil supply,but its market share has declined significantly with the expansion of the scale of production cuts.Crude oil production in the Americas has jumped,and such countries as the United States,Canada,Brazil,and Guyana are the main contributors to global crude oil additions.Production in the major African oil producing countries has been declining rapidly with a loss of market share and Nigeria&Angola's position in the global market has declined sharply.The CIS region,affected by the Ukraine issue,has undergone fundamental changes in trade flows,but the market share has remained basically stable.Now China has formed a more stable import source channel,its foreign dependence rate of crude oil is still quite high,imports is quite focused on some countries and regions,and geopolitical conflicts pose a serious challenge on China's crude oil imports.In order to ensure national energy security and stable economic development,the paper proposes promoting domestic oil and gas reserves and production continuously,improving domestic resource self-sufficiency,optimizing and enhancing the allocation of global crude oil resources,bettering economic procurement of resources,realizing an early warning mechanism of geopolitical risks,and elevating the ability to secure the supply of resources.
crude oil supplygeopoliticsOPEC+safe and guarantee supply