Economic Calendar

Wednesday, February 18, 2009

Shanghai Exchange May Start Trading Crude, Diesel, News Says

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By Wang Ying

Feb. 18 (Bloomberg) -- The Shanghai Petroleum Exchange may start spot trading of crude oil, diesel and gasoline in the first half, the Shanghai Securities News reported, citing unidentified officials.

The trading of oil products on the exchange will provide an additional platform for traders as the domestic market has amply supplies, the newspaper said.

To contact the reporter on this story: Wang Ying in Beijing at ywang30@bloomberg.net.




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