After years of preparation, China Oil Futures was finally officially listed in Shanghai International Energy Exchange Center on March 26th, 20 18, and closed up by 3.04% on the first day.
At present, China has become the largest importer and consumer of crude oil in the world, and the pricing power of crude oil was once in the hands of western countries, which is very unfavorable to China's economic development and energy supply. Therefore, the introduction of China oil futures is also to compete for the international discourse power of commodities, which is a national economic strategy.