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China’s Benchmark Crude Oil Futures Have Never Been So Expensive

Bloomberg Markets Tuesday 15 September 2026, 06:11 UTC By Bloomberg News 1 min read
Key Points

Yuan-priced crude futures in China rallied to the highest level on record, as the shutdown of an oil pipeline in Saudi Arabia hurt global supplies and refiners in the largest importer bought more cargoes.

Yuan-priced crude futures in China rallied to the highest level on record, as the shutdown of an oil pipeline in Saudi Arabia hurt global supplies and refiners in the largest importer bought more cargoes.
China (LOCATION) Saudi Arabia (LOCATION)
Originally published by Bloomberg Markets Read original →

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