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Shanghai crude oil futures close lower

Crude oil futures closed lower Monday on the Shanghai International Energy Exchange.

The most active crude oil contract for August delivery was down 3.7 yuan (about 54 U.S. cents) to close at 454.5 yuan a barrel.

The total trading volume for 5 listed crude oil futures contracts on the exchange was 237,366 lots, with a turnover of about 108 billion yuan.

China launched the crude oil futures trading, which is open to overseas investment, on March 26 last year.
Source: Xinhua

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