每天清晨15分鐘,，史蒂文老師帶你喝一杯經(jīng)濟(jì)學(xué)人濃縮咖啡,，了解天下事，掌握核心詞,。

這是 Economist Espresso 欄目的第49篇精選文章：

Crude beginnings: China’s oil futures

●聽 1 到 2 遍音頻,，邊聽邊記錄文章內(nèi)容

● 聽音頻的同時(shí)閱讀下文，不要查詞

Crudebeginnings: China’s oil futures

The world’s biggest importer of oil is trying to get more say over its pricing. China launched crude futures today, with three goals.

Narrowly, it wants to help domestic companies hedge against volatility in the oil price.

More ambitiously, it hopes to create a benchmark for Asia, rivalling Brent in Europe and West Texas Intermediate in America.

Most ambitiously, it thinks the crude contract, priced in yuan, will boost its currency as an alternative to the dollar.

With the oil market so diffuse globally and the dollar the accepted standard for pricing, it could take years for China to have much of an impact.

The immediate priority for the Shanghai Futures Exchange, which will host the contract, is a smooth launch. Early signs were promising.

To ward off speculators, notorious in Chinese markets, it has made the storage of oil very dear. But a modest start should not obscure China’s long-term aspirations.

好,，到今天為止,，你已經(jīng)閱讀了49篇《經(jīng)濟(jì)學(xué)人》濃縮咖啡文章。今天的文章是中國原油期貨在上海期貨交易所正式上市交易,、從而讓中國期貨市場邁出通往國際化的重要一步的話題,，全文161個(gè)單詞，包含19個(gè)重要的 TOEFL and/or SAT 詞匯,。恭喜你,，距離 TOEFL 120 和 SAT 1600 又近一步。

關(guān)注史蒂文愛學(xué)習(xí),，每周更新經(jīng)濟(jì)學(xué)人咖啡,。