Shanghai crude oil futures rise 2.34% in night session to 735.60 yuan/barrel

The split between energy and precious metals in the same session is the signal worth noting: crude's night-session gain alongside softer gold and silver points to a move driven by supply or geopolitical risk in oil rather than a broad commodities bid. That distinction matters for anyone reading the Shanghai complex as a gauge of Chinese demand sentiment, since a synchronized rally would tell a different story. Whether the crude move holds through the next full session, or fades as night-session moves often do, is the open question.