BUSINESS Shanghai crude oil futures close lower

BUSINESS

Shanghai crude oil futures close lower

Xinhua

21:04, August 21, 2020

An employee checks crude oil processing equipment at the Shengli Oil Field in Dongying, Shandong province. [Photo by Hu Qingming/For China Daily]

SHANGHAI - Crude oil futures closed lower Friday in daytime trading on the Shanghai International Energy Exchange.

The most active crude oil contract for October 2020 delivery was down 2.8 yuan (41 US cents) to close at 286.3 yuan a barrel.

The total trading volume for 11 listed crude oil futures contracts on the exchange was 100,900 lots, with a turnover of about 29.3 billion yuan.

China launched the crude oil futures trading, which is open to overseas investment, in March 2018.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue