Let me first introduce to the poster the formal domestic petroleum exchanges. 1. Xiamen Petroleum Trading Center; 2. Beijing Petroleum Exchange; 3. Shenzhen Petrochemical Exchange; 4. Dalian Petroleum Exchange; 5. Daqing Petroleum Exchange; 6. Shanghai Petroleum Exchange; 7. Bohai Commodity Exchange; 8. London International Petroleum Exchange; 9. Hong Kong International Petroleum Exchange.

Strait Oil is the abbreviation of the listed oil varieties of Xiamen Petroleum Trading Center. In January 2013, Strait Oil (Xiamen Petroleum Trading Center) successfully passed the inspection and acceptance of the inter-ministerial joint meeting of the State Council on clean-up and rectification. With the support of policies, Strait Oil was officially listed. The first electronic trading varieties include: Strait Oil (100 barrels), Strait Oil (300 barrels), and Strait Oil (500 barrels).

Xiamen Petroleum Trading Center (Strait Oil) does spot oil trading, which is more convenient and fast. For example, some people are engaged in futures oil trading, which is very inconvenient. After all, in futures trading, at least one ton of oil must be traded at one time. If this ton of oil cannot be dumped, after delivery, where do you take it back and put it? Therefore, spot trading is more appropriate.

Dingxing Fengde is one of the first 116th seat members of Xiamen Petroleum Trading Center and is one of the most influential cross-strait oil trading and investment platforms.