Crude oil futures fell sharply in the short term, with the main low-sulfur fuel oil (LU) contract plunging 4.00% intraday to 5007.00 yuan/ton. The main SC crude oil contract fell more than 3%, while the main fuel oil and liquefied petroleum gas (LPG)

2026-05-20

Crude oil futures fell sharply in the short term, with the main low-sulfur fuel oil (LU) contract plunging 4.00% intraday to 5007.00 yuan/ton. The main SC crude oil contract fell more than 3%, while the main fuel oil and liquefied petroleum gas (LPG) contracts fell more than 2% combined.