Shanghai crude oil futures close lower

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

The most active crude oil contract for November 2020 delivery was down 14.2 yuan ($2.09) to close at 264.8 yuan a barrel.

The total trading volume for 16 listed crude oil futures contracts on the exchange was 242,478 lots, with a turnover of about 65.9 billion yuan.

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