The most active crude oil contract for May delivery dropped 12.3 yuan (about 1.76 U.S. dollars) to close at 248.2 yuan a barrel.
The total trading volume for 18 listed crude oil futures contracts on the exchange was 151,216 lots, with a turnover of about 39.2 billion yuan.
China launched the crude oil futures trading, which is open to overseas investment, in March 2018.
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