Abstract: As the global pandemic continually rages, the world falls into economic depression with the demand dwindling and the pessimistic feeling lingering. The demand-supply imbalance and limited storage capacity lead to collapse of international crude oil prices. Global political and economic landscapes are changing quietly. China and the United States are the economic and trade crossroads of the world. The trend for “de-globalization” and cooperation in the new areas becomes more obvious than ever. China’s petroleum industry is facing a stern challenge. Therefore, it is proposed that the following measures be taken to stabilize the industrial development: (1) Oil exploration and development should be kept stable while domestic supply is ensured on a certain scale. (2) Market reform of oil and gas upstream sector should be continually enhanced with the relative policies formulated in time to create a healthy business environment. (3) Oil consumption should be stimulated in a scientific way to alleviate the inventory pressure of oil products and increase stockpiles of crude oil. (4) China should take active measures to adapt itself to the current situation and continue to enhance cost-effectiveness and technological research. (5) The reasonable proportion of the domestic and foreign resources should be made in a scientific way while capital merger and acquisition should be made cautiously. (6) China should take full advantage of its market superiority to establish a fair and just oil and gas prizing mechanism and have a louder voice on the international market.

摘要： 全球疫情蔓延态势持续，经济陷入衰退，需求萎缩，悲观情绪蔓延，供需失衡和库存有限导致国际原油价格暴跌。全球政治经济格局正在悄然变化，中美是全球经济贸易的核心，“去全球化”和新区域合作的趋势更加明显。我国石油产业面临严峻挑战，建议采取如下措施以稳定行业发展：（1）保障石油勘探开发稳定，确保一定规模的国内供应；（2）持续深化油气上游市场化改革，政策保障及时跟进，创造良好营商环境；（3）科学拉动石油消费，化解成品油库存压力，增加原油储备；（4）积极适应形势，继续强化降本增效，加大科技攻关力度；（5）科学统筹国内外两种资源占比，谨慎开展资本并购；（6）充分利用市场优势，构建公平公正的油气定价机制，提升国际市场话语权。

关键词: 石油产业, 油价, 勘探开发, 上游投资, 原油储备, 降本增效