On this week's Capitol Crude podcast we look at the implications of China’s first ever crude oil futures contract, expected to be launched in late March. The contract could bolster the standing of China’s currency and increase global oil market transparency while weakening the dollar’s dominance and lessening the prominence of other global oil benchmarks.
We explore these and many more unknowns with Dave Ernsberger, global head of energy pricing at S&P Global Platts, Oceana Zhou, a senior writer with S&P Global Platts who covers the Chinese oil market, and Matt Piotrowski with Securing America’s Future Energy.
We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.