Jiao, Jian-Ling; Han, Kuang-Yi; Wu, Gang; Li, Lan-Lan; … - In: Applied Energy 133 (2014) C, pp. 363-373
This paper builds a system dynamics model to simulate the effect of China’s strategic petroleum reserve (SPR) on stabilizing the domestic oil price. By setting the sensitivity of the market to the domestic oil price and the increase in international oil price, this paper discusses three...