Low-Sulfur Fuel Oil Futures Climb 4% to 5,121 Yuan/Ton Intraday; SC Crude Gains 2%

GateNews

Low-sulfur fuel oil (LU) futures rose 4.00% intraday to 5,121 yuan per ton on May 12. Shanghai crude oil (SC) futures gained 2.00%, trading at 645.40 yuan per barrel.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. Treasury Sanctions 12 Entities in Hong Kong for Transporting Iranian Oil to China on Monday

According to Agence France-Presse, the U.S. Treasury Department imposed sanctions on 12 entities on Monday (May 11), including those in Hong Kong, for allegedly transporting Iranian oil to China. In response, China's Foreign Ministry spokesperson said Beijing firmly opposes illegal unilateral sancti

GateNews33m ago

Shanghai Futures Exchange Energy Warehouses See Mixed Changes on May 12; Asphalt Stockpiles Up 9,430 Tons

According to Shanghai Futures Exchange data on May 12, energy and chemical commodity warehouses recorded mixed movements. Crude oil asphalt factory inventory rose to 31,220 tons, up 9,430 tons from the previous trading day. Conversely, low-sulfur fuel oil warehouse stocks declined to 13,040 tons,

GateNews47m ago

WTI Crude Hits $100.61, Up 2% Today; Brent Rises 1.75%

WTI crude oil rose 2% to $100.61 per barrel today, while Brent crude climbed 1.75%.

GateNews1h ago

India's Oil Minister Denies Importing Russian LNG on May 12

According to Glon Hui, India's Oil Minister stated on May 12 that India has never imported liquefied natural gas from Russia.

GateNews1h ago

LPG Futures Surge 7% Intraday to 6,131 Yuan/Ton on May 12

LPG main contract futures jumped 401 yuan intraday on May 12, reaching 6,131 yuan per ton with a 7% gain.

GateNews1h ago

Polysilicon Futures Fall Nearly 5% to 36,765 Yuan/Ton on May 12

According to Glontech, polysilicon futures on China's Guangzhou Futures Exchange fell nearly 5% on May 12, trading at 36,765 yuan per ton.

GateNews1h ago
Comment
0/400
No comments