China plans to launch a spot oil-trading center in Shanghai soon to better manage its access to energy, a top oil official told Xinhua News Agency. Quoting Chinese industry sources, Xinhua said the oil trading center, to begin operating in June, would be jointly launched by China National Petroleum Corp (CNPC), China National Offshore Oil…
CHINA: Shanghai to have centre for physical oil trading
Posted on March 11, 2004 by EnergyAsia