Front-month oil-sector contracts slumped: Shanghai crude (SC) -5.73% to 685.1 yuan/bbl; low-sulfur fuel oil (LU) -3.86% to 5,811 yuan/ton; fuel oil -6.27% to 4,619 yuan/ton; bitumen reversed to a decline at 4,900 yuan/ton.

2026-10-20

Front-month oil-sector contracts slumped: Shanghai crude (SC) -5.73% to 685.1 yuan/bbl; low-sulfur fuel oil (LU) -3.86% to 5,811 yuan/ton; fuel oil -6.27% to 4,619 yuan/ton; bitumen reversed to a decline at 4,900 yuan/ton.