Sentences with phrase «yuan crude»

They have also identified the single biggest risk factor for western investors — the extent to which China could meddle with government regulation in the yuan crude futures, as Beijing is known for little tolerance toward wild price swings in its markets and has a history of intervening.

The yuan crude futures launch is as much practicality as it is politics, but many analysts and OPEC itself see Chinas» domestic capital market policies as the biggest threat to the contract's success.

A yuan crude futures contract could finally launch in Shanghai early this year, as the world's largest importer tries to shake up a market dominated by London and New York.

Not exact matches

China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters.

The Shanghai International Energy Exchange on Monday will launch its yuan - denominated crude contracts, a move that could shake up the energy markets.

Local media have reported that China could launch a crude oil futures contract priced in yuan as early as Jan. 18, although analysts and industry executives who spoke to Breakingviews believe a later start is more likely.

China finally launched last month its yuan - denominated crude oil futures that have been in the works for years, after several delays.

Russian oil producers to make money from China's yuan - backed crude futures — analysts Kozmino, an oil - loading sea port in Primorsky Region, the terminal point of the Eastern Siberia — Pacific...

While the official goal of the new futures contract is to establish a regional benchmark for more useful pricing of the crude grades prevalent on the Chinese market, analysts see the yuan oil futures as a step toward China seeking wider acceptance of its currency in global trade, including the oil trade, and establishing a petro - yuan that could challenge, in the future, the dominance of the petrodollar.

NEW YORK — China's launch of its crude futures exchange today will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Management.

Recent stabilization in dollar valuation, yuan exchange rate, as well as prices of crude oil should ease some concerns on the inflation front.

A possible game changer is the Petro - yuan, the Chinese government's plans to start a crude oil futures contract priced in yuan and convertible into gold.

As the yuan progressively reaches full consolidation in trade settlement, the petro - yuan threat to the US dollar, inscribed in a complex, long - term process, will disseminate the Holy Grail: crude oil futures contracts priced in yuan fully convertible into gold...

The Shanghai International Energy Exchange is launching a crude - oil futures contract that's denominated in Yuan.