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Crude oil futures contracts fell sharply in the short term, with SC crude oil down 6.11% to 550.2 yuan/barrel. Low-sulfur fuel oil (LU) fell 4.59% to 4508 yuan/ton. Fuel oil fell 4.30% to 3609 yuan/ton. Asphalt fell 1.40% to 4442 yuan/ton.

2026-06-12

Crude oil futures contracts fell sharply in the short term, with SC crude oil down 6.11% to 550.2 yuan/barrel. Low-sulfur fuel oil (LU) fell 4.59% to 4508 yuan/ton. Fuel oil fell 4.30% to 3609 yuan/ton. Asphalt fell 1.40% to 4442 yuan/ton.

Other News
2026-06-12

The Information reports ANTHROPIC has discussed arrangements for Google to provide financial guarantees for part of its lease obligations. ANTHROPIC has signed more than 10 letters of intent with multiple U.S. developers to lease data-center faciliti

The Information reports ANTHROPIC has discussed arrangements for Google to provide financial guarantees for part of its lease obligations. ANTHROPIC has signed more than 10 letters of intent with multiple U.S. developers to lease data-center facilities.
2026-06-12

The U.S. Department of Agriculture (USDA) forecasts the U.S. soybean production for the 2026/2027 marketing year at 4.435 billion bushels in June, unchanged from May. The U.S. soybean ending stocks for the 2026/2027 marketing year are forecasted at 3

The U.S. Department of Agriculture (USDA) forecasts the U.S. soybean production for the 2026/2027 marketing year at 4.435 billion bushels in June, unchanged from May. The U.S. soybean ending stocks for the 2026/2027 marketing year are forecasted at 310 million bushels in June, compared to market expectations of 312 million bushels and the May forecast of 310 million bushels. The U.S. soybean yield for the 2026/2027 marketing year is forecasted at 53 bushels per acre in June, unchanged from May.
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