SC Shanghai crude main contract rose 4.00% intraday to 608.20 yuan/barrel.

The Standardization Administration of China, Ministry of Transport, Ministry of Water Resources, Ministry of Culture and Tourism, the People’s Bank of China and the National Energy Administration jointly issued a notice promoting nine methods for assessing standards implementation effectiveness. The methods were distilled from 25 assessment activities carried out by 58 organizations. The agencies say wider use of these evaluation methods will strengthen oversight of standards implementation, shift focus from whether standards exist to whether they are used and deliver results, and better leverage standards to support high-quality development.

Hungary's Prime Minister Magyar said he held constructive talks with Hungarian central bank governor Varga.