两种基准国际原油价格的反常价差及对我国影响分析  

Analysis of two Datum International Crude Oil Price Abnormal Price Difference and its Influence on China

作　　者：张跃军[1,2] 赵伟东[1,2] 常昊然[1,2] 

机构地区：[1]北京理工大学管理与经济学院,北京100081 [2]北京理工大学能源与环境政策研究中心,北京100081

出　　处：《中国能源》2011年第5期10-12,共3页Energy of China

基　　金：国家自然科学基金(71001008;70733005;71020107026);高等学校博士学科点专项科研基金资助(20101101120041);教育部人文社会科学研究基金(09YJC630011);北京理工大学优秀青年教师资助计划(2010Y1317)

摘　　要：最近几个月,Brent(布伦特)原油价格反常地大幅超过WTI(西德克萨斯)油价,加上中东国家局势紧张,而且这种状况可能还将持续较长时间。本文深入分析了形成这种反常价差的原因及对我国的影响。分析认为,市场定位不同是本质原因,而中东和北非局势紧张,美国经济不景气、库存充足,Brent原油市场投机成分增强等是价差放大的重要诱因,这种状况将对我国治理通货膨胀和推行成品油价格机制改革形成巨大挑战。In recent months,Brent crude oil price appears a large premium over WTI price,which may continue for a relatively long time due to recent turmoil in Middle East region.Therefore,this paper analyzes the reasons for the premium and its impact on China.The results indicate that the core reason is the different market role of Brent and WTI,and other factors,such as the tight situation in Middle East,American sluggish economy and high inventory,the speculation in Brent crude oil market etc.,also cause an evident influence.Eventually,this situation may pose a large challenge to China＇s efforts to address inflation and refined petroleum product pricing mechanism reform.

关 键 词：WTI Brent 价差 影响 

分 类 号：F416.22[经济管理—产业经济] F713.35