Oil trading is an important way of financial transactions, domestic oil market started late than foreign institutions are still in the further improvement of the system. The main oil futures trading and oil spot trading. As spot trading in many ways is better than the futures trading model, the oil spot trading is currently widely used in the world and is concerned about the way, especially in economically developed countries. February 14, 2014, the Beijing Petroleum Exchange began to launch oil spot trading, is China's first and currently the only one to carry out oil spot trading of oil.