China's crude oil futures close lower Tuesday

China's crude oil futures settled lower on Tuesday. 

 

The most active contract for May 2019 delivery was lost 1.73 percent to 465.6 yuan per barrel, data from the Shanghai International Energy Exchange 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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