The petroyuan is a crude oil futures contract offered by the Shanghai International Energy Exchange (INE). It prices crude oil in terms of CNY and is backed by gold. Learn more about the [...]
Commodities are the objects of trade in commerce around the world. Gold, silver, oil: Commodities are the goods exchanged raw, rather than in a manufactured state. Commodities can be traded in physical states, as in gold bars, using futures and spot prices. Many traders, however, use electronic trading, as in EFTs, in lieu of physical shares, focusing instead on the spread of the buy and sell price. Dive deeper into commodity markets.