对上海原油期货市场提升功能、完善运行的分析和思考  

Analysis and Thinking on Perfection for Shanghai Crude Oil Futures Market

作　　者：卫永刚[1] 杨育龙 郁珺[1] 杨慧[1] 冯玉宝 Wei Yonggang;Yang Yulong;Yu Jun;Yang Hui;Feng Yubao(Economic Development Research Institute,Sinopec Shengli Oilfield Company,Dongying Shandong 257000,China;Sinopec Oitfield Shengli Corporation,Dongying Shandong 257000,China)

机构地区：[1]中国石化胜利油田分公司经济开发研究院,山东东营257000 [2]中石化胜利石油工程有限公司,山东东营257000

出　　处：《当代石油石化》2019年第10期15-19,39,共6页Petroleum & Petrochemical Today

摘　　要：上海原油期货上市一年多来,呈现出运行平稳、交易规模不断扩大的特点,对于我国加快金融领域对外开放、提高我国在国际原油市场的定价能力将产生积极作用。鉴于上海原油期货交易市场将胜利原油作为7种可交割油种之一,油田企业有必要加强对上海原油期货市场的跟踪,研究期货价格及其对实货价格影响机理,为完善原油价格形成机制提供依据。为此,本文通过上海原油期货上市一周年的数据对比,分析上海原油期货市场运行现状,从宏观、中观和微观层面分别提出了提升功能、完善运行的建议。Since the launch of Shanghai crude oil futures more than a year ago,they have presented the characteristics of steady operation and continuous expansion of trading scale,which plays a positive role in accelerating the opening up of China’s financial sector and enhancing China’s pricing power in international oil market.Because Shanghai oil futures exchange market regards Shengli crude as one of 7 deliverable crudes,it is necessary for oilfield enterprise to strengthen tracking of Shanghai crude oil futures market,and research futures price and its influencing mechanism upon spot price,to provide the basis for perfecting crude oil pricing mechanism.Therefore,based on comparison of the first–year data on the listed Shanghai crude oil futures,this paper analyzes the operation status of Shanghai crude oil futures market,and puts forward suggestions for function enhancement and operation perfection respectively from macro,middle and micro views.

关 键 词：原油期货 石油金融 人民币国际化 相关性 

分 类 号：F72[经济管理—产业经济]