沙特阿拉伯在2014年以来的低油价时期,不顾要求其减产促价的呼声,坚持不对国际石油价格进行干预,反而采取强势应对的市场行为,继续保持高产态势。这种市场行为实际符合沙特阿拉伯的战略利益,即最大限度地维持沙特阿拉伯的国际石油市场份额利益,确保其在石油市场上的主要地位。沙特阿拉伯拥有巨额国际储备和主权财富基金以及强大的偿债能力,使它对一段时间内的石油收入减少具有较强的承受能力,能够为实现这一长远的战略利益,在较长时期内应对低油价的冲击。
<<During the low oil price period since 2014,Saudi Arabia did not play the classical role and reduce production. Instead,it earned high profit due to the changes in prices of the international oil market and maximized its market share,which serves the strategic profit of the country and ensures its leading position in the oil market. The way Saudi Arabia relies on its reserves,sovereign wealth fund and liquidity can prevent itself from the shock of low oil price.
<<Keywords: | Oil PriceSaudi ArabiaMarket behavior |