Petroleum futures trading

Author: Chu Juehai Li Hui
Publisher:
Publish Date: 2006-01-01
Features: This book provides a concise introduction to how enterprises can utilize oil futures, as well as background knowledge on the history and current state of domestic and international oil futures markets and modern markets. It elaborates on how oil futures serve as hedging tools for significant oil price risks and their role in China's oil energy security. The book is designed for two types of readers—those in the oil industry and those in the futures industry. Due to the decade-long separation between these two industries in China, there has been considerable unfamiliarity between them. Therefore, in the writing process, we have strived to use simple and accessible language to introduce some basic knowledge related to these two industries, aiming to maximize acceptance among readers from both sectors and enable them to gain a certain understanding of each other's business domains.