TREE NEWS reports: The Shanghai Futures Exchange crude oil futures 2611 contract closed up 5.02% in the night session at 730 yuan per barrel. In the same session, Shanghai gold futures fell 0.98% and Shanghai silver futures dropped 2.51%.
SHFE Crude Oil Futures 2611 Contract Rises 5.02% in Night Session to 730 Yuan/Barrel
The divergence is the story: crude's sharp night-session gain alongside falling gold and silver points to an energy-specific bid rather than a broad risk or inflation move, since precious metals typically share that driver. That split matters for anyone watching China's commodity complex for a single macro signal, because it suggests the two legs are responding to different forces. Whether the crude strength holds into the next session, or proves a thin-liquidity night move, is the open question.
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