Shanghai crude oil futures close lower

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

The most active crude oil contract for March 2022 delivery was down 10 yuan (about 1.58 U.S. dollars) to close at 536.4 yuan a barrel.

The total trading volume for eleven listed crude oil futures contracts on the exchange was 214,879 lots, with a turnover of about 115.84 billion yuan.

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