Search Results
for yuan

Crosspost: How Will China’s Crude Futures Benchmark Impact Global Oil Markets?
SAFE's Matt Piotrowski talks to Platts Capitol Crude about China’s motivations behind its crude futures contract, what its chances are for success, and why it matters for U.S. consumers and American energy security.

China’s Crude Benchmark Key in Developing the Yuan’s Power
The petrodollar system isn’t going to be turned upside down overnight, but China’s rising status will continue to disrupt the status quo, sending a powerful message that the country seeks to consolidate its strength as an economic superpower.

What Does China’s Status as Largest Oil Importer Mean for U.S. Interests?
From changing the dollarized oil market to relationships with major Middle East producers, China's growing clout in the oil trade has manifold impacts for American interests.

China’s Crude Benchmark Delayed, Still on Track to Take Off
Regulatory turf wars, disputes over the eligible crudes for physical delivery, and a sharp downturn in trading in a number of markets in the region have delayed the opening of China's crude benchmark.

The Fuse: Our Top Ten Stories of 2015
Since the launch of The Fuse in June, we’ve published over 300 stories, infographics, and videos, commenting on global energy markets as they proceed further into uncharted territory. Here are ten standout pieces.

Reserve-Currency Status for Yuan to Boost China’s Clout in Global Economy, Oil Markets
The IMF's inclusion of China’s yuan in the global currency basket gives the country a big symbolic victory ahead of the launch of its yuan-denominated crude futures exchange.

China’s Currency on Track to Challenge the U.S. Dollar in Oil Markets
China’s forthcoming launch of a crude futures exchange to be traded with the yuan is another major step to cement itself as a global economic powerhouse and challenge the U.S. currency’s dominance in oil markets.

China’s New Crude Benchmark Will Flourish, Undermining Brent and WTI
China is poised to establish the world’s third crude futures benchmark, a logical step given the country’s growing importance in the oil markets and its determination to flex its economic muscle on a global scale.