Shanghai crude oil futures close lower

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

The most active crude oil contract for August 2020 delivery was down 7 yuan ($1) to close at 292.1 yuan a barrel.

The total trading volume for 14 listed crude oil futures contracts on the exchange was 193,722 lots, with a turnover of about 58.3 billion yuan.

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