A Study on Chinese Petroleum Price Keeping Track of International Petroleum Price from the Perspective of the Financial Property of Petroleum

The financial property of pricing the petroleum futures is the result of the development of modern finance theory and international oil market.However,pricing the petroleum through the financial market accords with the western monopoly interest.It is petroleum-dollar system that controls oil price,there are flaws in the market supervision of international petroleum futures,and venture activities increase the international futures oil price.The intense variance in the oil price in international market has covered up the operation and management level of Chinese enterprises and caused oil shortage for many times.At the same time,the large profit brought about by oil price keeping track of the international trend is regarded as the profit of listed companies abroad,which has done harm to the benefit of our country.So the system of pricing international oil is facing a new reform.The direct connection between international oil sellers and buyers should be strengthened and the power of pricing oil against the current America-dominating pricing system should be formed.Chinese petroleum price should not keep track of international petroleum futures price without any precaution to prevent being exploited by international venturing forces.