每日新闻更新 — 人民币原油期货 The Daily Update – Renminbi Oil Futures

昨天,首个以人民币计价的原油期货在上海国际能源交易中心上市交易。由于该原油期货已经在上海自由贸易区注册,它的上市吸引了世界上一些最大的商品交易商,使得外国投资者首次可以在中国进行商品衍生品的交易。但是,这不是中国首次尝试引进一个原油期货市场。上次的尝试由于市场波动水平过大,局势失控,对冲措施无法发挥作用,仅仅一年之后,也就是1993年,就以失败告终。

去年,中国超过美国成为(世界上)最大的石油进口国,每天进口的原油是840万桶。根据记录,这几乎是2013年11月进口量的两倍,每天的进口量要比美国多50万桶。中国长期以来一直想争夺以美元为基准的布伦特(Brent)和 WTI(西德州轻质石油公司,West Texas Intermediate)的控制权。随着中国政府希望推动人民币国际化的抱负,成立原油期货交易所可能有助于实现这些目标。

中国敦促关键的石油出口商采用人民币结算已经有一段时间,俄罗斯(中国最大的供应商)和伊朗已经在这样做,但是到目前为止沙特阿拉伯拒绝接受这一脱离石油美元的要求。不过,接下来中国对该王国的压力有可能会逐步增加。首先,在上个月底的时候,沙特的国营石油供应商阿美石油公司(Aramco)签订了一份协议,将在2018年向中国供应1200万桶原油,跟去年的供应量相比增加了600到800万桶。此外,有报道说中国提出愿意购买高达5%的沙特阿美石油公司首次公开募股,以成为一个支柱投资者。假如发生这个情况,那将让中国人将来在跟沙特谈判时获得一些有利条件,尽管他们并不是唯一一个希望在初级水平上参与首次公开募股(IPO)的国家。有报道显示,来自俄罗斯、日本和南韩的主权财富基金也对获得股份感兴趣。

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