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Commodities Corner: Why Shanghai oil futures won’t become a global crude benchmark anytime soon

17 Jul 2020

More than two years after China’s launch of yuan-denominated crude-oil futures, global interest in the contracts has seen a notable increase, but analysts don’t expect the contracts to become widely used anytime soon, citing challenges linked to currency and availability to international traders.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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