Sentences with phrase «denominated oil futures»
News # 1: China might be just days away from launching its Yuan - denominated oil futures on the Shanghai exchange.
https://bullmarkets.co/
China has become the world's largest oil importer, and despite establishing the largely successful yuan - denominated oil futures, Beijing will have to grapple with an overlooked geopolitical and economic consequence as Continue Reading
Not exact matches
China finally launched last month its yuan - denominated crude oil futures that have been in the works for years, after several delays.
The new International Energy Exchange (INE) in the Shanghai Free Trade Zone has admitted more than 150 Chinese futures companies and is registering foreign firms to trade an oil - futures contract denominated in renminbi, according to a client bulletin from Linklaters in Hong Kong.
The Shanghai International Energy Exchange is launching a crude - oil futures contract that's denominated in Yuan.