Research on the Impact of Global Oil Market Fluctuations on the Operating Strategy of Petrochemical Enterprises
This paper investigates the impact of global oil market fluctuations on the operating strategies of petrochemical enterprises.By analyzing the characteristics and causes of oil market fluctuations,a system dynamics model is constructed.Take a large petrochemical enterprise as an example,the paper simulates the dynamic response of financial index under the scenario of sudden rise and fall of oil price.The simulation results show that oil price fluctuations exert asymmetric impacts on enterprise performance through cost,demand and capital sides.Based on this,the paper proposes strategic recommendations,including optimizing raw material procurement,adjusting product structure,strengthening financial risk management and promoting global operations,to enhance the risk management capacity of petrochemical enterprises and achieve sustainable development.