Reuters customers will have immediate free access to C1âs live intra-day news headlines and prices on the burgeoning Chinese energy markets. From March 14 to 30 April 2005, the C1 China Oil Data will be free of fees as well over Reuters via page . History on oil prices from C1 Energy, the only historical price series available on Chinaâs oil market that date back to year 2000 will also be made available shortly.
Tom Gros, Global Head of Equities, Commodities & Energy at Reuters said: "C1 energy China oil data integrated with Reuters established services and trading tools for the commodities markets, will enable global energy players to use one information desktop for the diversified instruments in which they make trading decisions. This well established and reputable information on Chinaâs petroleum market within the energy community is essential to oil traders across the world."
C1 Energy director, Shen Ping said : "We choose to work with Reuters because of its commitment to offering indispensable, reliable content and analytical tools to the energy market. The analytical tools available to Reuters clients add unique value to our energy content, bringing new information and understanding to the market and boosting confidence in the prospects for Chinaâs oil trading to the global markets."
The new C1 China Window, page on Reuters systems will carry English news headlines, intra-day prices for CFR and FOB China and local markets in various parts of China for petroleum products. Live reporting of C1âs Huangpu Fuel Oil Market Open Trading Window activities, including quotations of US$ denominated Huangpu fuel oil swaps trading in Singapore - using C1 Huangpu FOB US dollar assessments, also termed MOCHA (Mean of C1 Huangpu Assessments) will be free to Reuters users. C1 plans to share its professional and comprehensive first-hand reporting from China via this Reuters headline window with the international trading community.