China's crude oil futures end lower Wednesday

China's crude oil futures settled lower on Wednesday. 

 

The most active contract for April 2019 delivery was down 0.63 percent to 456.4 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. 

 

China launched its first yuan-denominated crude oil futures on March 26, 2018, culminating a years-long push to create Asia's first oil futures benchmark so as to gain greater pricing power on the global oil market. 

 

Source:cctvplus

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