Shanghai crude oil futures jumped 5% intraday on Middle East supply fears
Question
Shanghai crude oil futures jumped 5% intraday on Middle East supply fears
Direct answer
Higher input costs for Chinese refiners, airlines, and chemicals; watch INE crude, CN aviation and petrochemical spreads.
- Original publisher
- Market Ontology
- Evidence through
- 2026-07-18
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Shanghai crude oil futures jumped 5% intraday on Middle East supply fears”, revision 1, evidence through 2026-07-18. https://marketontology.com/market-events/2026-07-18/shanghai-crude-oil-futures-jumped-5-intraday-on-middle-east-supply-fears-82a205
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What happened next
Price follow-up pending — no stored daily closes for these assets yet.
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