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Shanghai crude oil futures close lower

Xinhua | Updated: 2020-08-18 16:20
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Workers dock a pipe onto an oil tanker at a port in Dalian, Liaoning province, on April 8. [Photo/Xinhua]

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

The most active crude oil contract for October 2020 delivery was down 6 yuan (87 US cents) to close at 284.1 yuan a barrel.

The total trading volume for 10 listed crude oil futures contracts on the exchange was 152,130 lots, with a turnover of about 43.95 billion yuan.

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

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