petro-yuan

petro-yuan

Energy | Markets | Special reports
After contemplating the introduction of the petro-yuan for a number of years, China finally pressed on with its plan to launch an oil futures contract denominated in its own currency in early 2018

The petro-yuan could usher in a new era for global energy

China’s decision to push forward with 
the Petro-yuan appears to be a challenge to the US’ global energy market hegemony, but it remains to be seen if it can make a significant impact

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