Shanghai crude oil futures close lower

Crude oil futures closed lower Wednesday in daytime trading on the Shanghai International Energy Exchange.

The most active crude oil contract for September 2020 delivery was down 0.3 yuan (about 4 U.S. cents) to close at 291.1 yuan a barrel.

The total trading volume for 11 listed crude oil futures contracts on the exchange was 117,302 lots, with a turnover of about 34.49 billion yuan.

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