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Tag Archives: MCX Crude Oil

China's New energy exchange can influence Crude Oil prices in International Market

How China’s new Energy exchange will Impact Crude Oil Prices and US Dollar

By Trading Predator January 10th, 2018 No Comments

China, the largest crude oil importer in the world is starting their domestic oil futures market very soon after years of planning. The Shanghai International Energy Exchange (INE) is anticipated to launch the oil futures trading during Jan 2018 after it got the approval from the China Securities Regulatory Commission this week. Impact on US