the world's largest oil-importing countries
2013-10-22 by seoer9
Dubai Mercantile Exchange crude oil futures and Oman crude oil futures will be a complementary relationship . According to OPEC statistics, in 2014 China will become the world's largest oil-importing countries in the Middle East is the largest supplier to the Shanghai RMB-denominated and dollar-denominated crude oil futures Dubai Mercantile Exchange Oman crude oil futures arbitrage exists between the opportunities, while the Dubai market in the Asia Pacific region from China recently and delivery resources are relatively abundant in the market, Chinese demand will directly affect the vegetable oil plants the exchange of Dubai crude oil futures prices . Be associated with the Dubai market , which will help expand China's crude oil futures market trading volume and increase mobility .
Benchmark crude oil prices are pellet machines of dollars on the basis of energy products , even a small price distortions , will give the market a huge impact . With crude oil benchmark price-fixing scandal after the incident regulators reflection benchmark pricing mechanism , the current model is being questioned .