SHFE Crude Oil October Contract Jumps 4.96% in Night Session

The size of the crude move, nearly 5% in a single night session, stands out against the muted action in Shanghai gold and silver, which suggests the driver was specific to the energy complex rather than a broad commodity or currency re-rating. That divergence matters for anyone watching China's onshore pricing signals, since SHFE crude is a key read on domestic demand expectations. Whether the contract holds these gains through the next session, or gives them back, is the open question.