China's crude oil futures close higher Tuesday

China's crude oil futures settled higher on Tuesday. 

 

The most active contract for May 2019 delivery was up 0.66 percent to 454.8 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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