Chinese Oil Contract to Rival U.S. WTI and U.K.’s Brent Is Born
China launched its first ever crude-futures contract as the world's biggest oil buyer seeks to wield greater power over pricing and challenge benchmarks in the U.S. and Europe.
China launched its first ever crude-futures contract as the world's biggest oil buyer seeks to wield greater power over pricing and challenge benchmarks in the U.S. and Europe.
Car shoppers in Guangzhou, China now have the ability to buy or try a car
Boeing Co (BA.N) delivered its first 787-10 Dreamliner to Singapore Airlines (SIAL.SI) on Sunday, rounding out a family of lightweight jets on which the U.S. planemaker is betting its future. The ceremonial key to the plane was handed to Singapore Airlines Chief Executive Goh Choon Phong on the tarmac at Boeing's South Carolina plant, where the carbon composite jet is built, in front of more than a thousand Boeing workers and guests. Boeing Chief Executive Keith McAllister hailed the two airlines' 45-year relationship.
Mar.25 -- Band Financial Managing Director Jon Browning discusses the significance of China's oil futures. He speaks on "Bloomberg Markets."
Saudi Arabia said it intercepted seven ballistic missiles fired at Riyadh and other cities by Houthi forces in Yemen, marking an escalation from previous rocket launches at the kingdom.
On the 13 April 2018, Realty Income Corporation (NYSE:O) will be paying shareholders an upcoming dividend amount of $0.22 per share. However, investors must have bought the company's stock beforeRead More...
Mar.25 -- It's taken a quarter of a century, but China is finally getting its own oil futures. Energy Aspects Asia Analyst Michal Meidan speaks on "Bloomberg Daybreak: Australia."