New Crude Contract May Strengthen China's Position in Oil Market
![New Crude Contract May Strengthen China's Position in Oil Market](http://cdn4.img.sputniknews.com/images/101607/33/1016073305.jpg)
Last week, media reported that China could launch its own global crude oil futures contract priced in yuan in October.
Last week, media reported that China could launch its own global crude oil futures contract priced in yuan in October.