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China Sees New World Order with Oil Benchmark Backed by Gold

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Byline: Damon Evans Sep 04, 2017 (Nikkei Asian Review - ABIX via COMTEX) -- China, which is the world's biggest oil importer, is believed to be planning to launch a yuan-denominated crude oil futures contract. Oil futures have traditionally been priced in US dollars, so China's move would enable ... (Publication: Australasian Business Intelligence)

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