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China hits record high in yuan-denominated crude oil futures Yuan-denominated crude oil futures in China have reached their highest level since their 2018 launch.
Published 2h · 1 source Important
The fact The increase is driven by Middle East tensions and higher demand from Chinese refiners.
The INE (SC) contract could impact global oil prices in the future.
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Why it matters Ce record reflète la montée en puissance du yuan dans les transactions pétrolières, réduisant la dépendance au dollar. Les raffineurs chinois pourraient ajuster leurs stratégies d'achat en conséquence.
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