Tight supply keeps oil prices soaring
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چکیده
منابع مشابه
Stockpile strategy for China's emergency oil reserve: A dynamic programming approach
China is currently accelerating construction of its strategic petroleum reserves. How should China fill the SPR in a cost-effective manner in the short-run? Howmight this affect world oil prices? Using a dynamic programming model to answer these questions, the objective of this paper is to minimize the stockpiling costs, including consumer surplus as well as crude acquisition and holding costs....
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