A PetroChina refinery in Lanzhou, China. The country will launch its first crude oil futures contract in Shanghai on March 26. Photo: Reuters A PetroChina refinery in Lanzhou, China. The country will launch its first crude oil futures contract in Shanghai on March 26. Photo: Reuters
A PetroChina refinery in Lanzhou, China. The country will launch its first crude oil futures contract in Shanghai on March 26. Photo: Reuters

Energy

Business /  Commodities

China’s long-heralded crude oil futures contract to start trading March 26

Shanghai Futures Exchange says the contract is not a challenge to established global crude benchmarks

Topic |   Energy
Daniel Ren
Daniel Ren

Updated: 11:37pm, 9 Feb, 2018

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A PetroChina refinery in Lanzhou, China. The country will launch its first crude oil futures contract in Shanghai on March 26. Photo: Reuters A PetroChina refinery in Lanzhou, China. The country will launch its first crude oil futures contract in Shanghai on March 26. Photo: Reuters
A PetroChina refinery in Lanzhou, China. The country will launch its first crude oil futures contract in Shanghai on March 26. Photo: Reuters
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