China oil futures up as western markets remain closed


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

The most active crude oil contract for May 2022 delivery was up 25.7 Yuan (about 4 U.S. dollar) to close at 690.2 yuan a barrel.

The total trading volume for 13 listed crude oil futures contracts on the exchange was 192,622 lots, with a turnover of about 130.48 billion yuan.

China launched crude oil futures trading, which...