Commodity futures targeting forward oil prices. Trading is a standardized contract made by the exchange, which stipulates to deliver a certain amount and quality of oil at a specific time and place in the future.

At present, international oil futures include crude oil futures, heating oil, fuel oil, gasoline and light diesel oil.

Recently, it was reported from the Shanghai Financial Work Conference that the Shanghai Futures Exchange is expected to launch crude oil futures at the end of this year or early next year.