Tag Archives: Exchange

China surpassed the United States in 2017 to become the world’s largest oil importer.

China is already one of the largest clients of Saudi crude oil.

The liquidity for Shanghai crude futures will surpass that of DME.

China has already taken steps that it hopes will help to internationalise its currency.

The two countries initiated diplomatic relations in 1940 during World War II.

The yuan-based futures may also help China’s effort to promote the yuan as a global currency.

Exxon created a payout plan in January 2017 for Tillerson.

Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.

New York and London have long been the clear frontrunners to host the international leg of the flotation. alongside a Riyadh listing.

The IPO will be '.anchored'. by a listing on Saudi Arabia'.s local exchange.