According to Foresight News, according to an announcement from the Shanghai Petroleum and Natural Gas Exchange, China National Petroleum International Co., Ltd. has completed the first international crude oil cross-border RMB settlement transaction on the Shanghai Petroleum and Natural Gas Exchange platform, purchasing a ship of 1 million barrels of crude oil, and will use digital RMB for settlement for the first time.
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PetroChina conducted the first international crude oil cross-border digital RMB settlement transaction
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