Petro Yuan Futures Launched, Economic System Shook, Control Narrative

• ‘PetroYuan’ Futures Launch With A Bang, Volume Dominates Brent As Big Traders Step In
  by Tyler Durden, https://www.zerohedge.com/
  As we detailed previously, China’s yuan-denominated crude oil futures launched overnight in Shanghai with 62,500 contracts traded in aggregate, meaning over 62 million barrels of oil changed hands for a notional volume around 27 billion yuan (over $4 billion).
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  As OilPrice.com’s Tsvetana Paraskova notes, Glencore, Trafigura, and Freepoint Commodities were among the first to buy the new contract,Reuters reports.
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  After an initial surge in volume that outpaced overnight transactions in global benchmark Brent crude in London, trading tapered off toward the end of the session
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  read more.

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