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Shanghai Oil Futures Off To Robust Start On 2nd Day

Shanghai crude oil futures got off to another strong start in their second day of trading on Tuesday, with more than 16 million barrels of crude changing hands, extending the launch day’s high volumes, data showed.

More than 32,000 lots of the most-active September contract, equivalent to 16 million barrels of crude, changed hands in the overnight and morning sessions.

Over the first 24 hours of trading, Shanghai’s spot crude volumes made up 5 percent of the global market, compared with 23 percent for Brent crude futures and 72 percent for the U.S. West Texas Intermediate contract.

Brent volumes have been lower than usual as much of Europe is already on holiday for Easter. By 11:14 a.m. (0314 GMT), 3,599 lots of the most-active June contract had traded, equivalent to 3.6 million barrels of crude.

At 0316 GMT, Shanghai’s September contract was down 1.43 percent at 427.6 yuan ($68.33) per barrel. The market launched on Monday with greater-than-expected volumes and trading activity from western traders and Chinese state majors.

($1 = 6.2575 Chinese yuan) (Reporting by Josephine Mason; Editing by Tom Hogue)

RIGZONE



101 Comments on "Shanghai Oil Futures Off To Robust Start On 2nd Day"

  1. Davy on Thu, 29th Mar 2018 5:24 pm 

    Sure you did greggie…cough cough. you were likely an administrator with little active finance responsibilities. You retired likely for reasons you discuss in your therepy sessions. Wife has your back so it was ok for you to retire. Probably better for the family because you were a mess under pressure. Then the lottery hit in Hongcouver money laundering casino and whalla, greggie was set free. You could never do that with hard work and smarts. It was dumb luck. Lmfao

  2. GregT on Thu, 29th Mar 2018 5:34 pm 

    “greg do you feel how it is to be a former paultard and lost shekles listening to alt-tard media?”

    Nope, sorry tard, I do not. You obviously made some very poor choices. You have nobody to blame but yourself.

  3. GregT on Thu, 29th Mar 2018 5:37 pm 

    ” you were likely an administrator with little active finance responsibilities.”

    I started at the bottom, and worked my way up.

    “Then the lottery hit in Hongcouver money laundering casino and whalla, greggie was set free.”

    As has already been explained to you Davy. A million dollars is chump change in this market.

  4. Davy on Thu, 29th Mar 2018 5:40 pm 

    Greggie, ZH has a variety of sources. Their articles are for the most part good but not always. I rip billy 3rd world because he cherry pics the worst news he can find and packs the board with it. He has an anti-American agenda that you support and enable. I also rip him for using ZH because it irritates you and your weird obsession with ZH. I think you are not intelligent enough to handle ZH and that is your real issue with it.

  5. GregT on Thu, 29th Mar 2018 5:45 pm 

    This is what almost $4 million will get you in Vancouver now

    http://dailyhive.com/vancouver/vancouver-real-estate-4-million-home

    That was two years ago BTW, that same house is likely over 5 million now.

  6. GregT on Thu, 29th Mar 2018 5:46 pm 

    ZH is a self admitted source in disinformation Davy.

  7. makati1 on Thu, 29th Mar 2018 5:51 pm 

    Greg, Davy is beyond the scope of normal insanity. I bet the psychologists would love to have him to study. And, maybe MM also.

    Such delusional thinking is only possible in the Us where the tax slaves are brainwashed 24/7/365 from birth until death. Add in the supposed privileges of a 1%er family and you get the twisted, immature, narrow mind we see here. I’m glad I am not his neighbor. I expect him to “go postal” anytime.

  8. Davy on Thu, 29th Mar 2018 5:54 pm 

    Sure greggie, you read that on Bloomberg another site you attack or support depending on your agenda de jure. I guess you are not mature enough to deal with cutting edge news. Greggie do you get intimidated by news that is beyond your understanding?

  9. GregT on Thu, 29th Mar 2018 5:59 pm 

    Davy has an American-centric agenda mak. That agenda is clouding his ability to think and act rationally. And yes, he obviously has serious underlying emotional and psychological issues as well.

  10. Davy on Thu, 29th Mar 2018 6:09 pm 

    Lookie here the odd couple are back together. Billy 3rd world, greggie was really depressed when you took off. I can tell he is better now. He was getting his ass kicked without your assistance. I know you rely on his support too. A match made in heaven. It just goes to show how intellectual weaklings can band together and face adversaries.

  11. GregT on Thu, 29th Mar 2018 6:11 pm 

    HOW LIES TRAVEL FROM RUSSIA TO ESTONIA, VIA THE UNITED STATES

    “A 26 November 2016 report by the propaganda-exposing website PropOrNot claims ZeroHedge.com is part of Russia’s propaganda network. More recently, ZeroHedge’s opinions tend to align nearly perfectly with themes and tropes used by Russia’s official propaganda outlets. In fact, the flow of disinformation between ZeroHedge.com and sites identified as disinformation by EU’s East StratCom Task Force team is noticeable.”

    “In 2014, University of Houston finance professor Craig Pirrong investigated how ZeroHedge.com echoed a deeply misleading story on an obscure Russian-language website, Iskra News. Pirrong concluded that ZeroHedge.com is a key link in the network that transmits stories from Russia to Western news consumers. A story appears in an obscure publication, typically outside the United States or Europe; it is then picked up by another, more widely read site in Europe or the West (ZeroHedge.com is the 407th most popular site in the United States). These days, getting published on a site like ZeroHedge.com, which is then linked by numerous other sources and tweeted widely, can ensure that the false information goes viral.”

    “As part of the Russian propaganda ecosystem, Intentional or not, ZeroHedge.com is an example of how narrative laundering works. It is a symbiotic cooperation between Russian and Western outlets in which the Western partner gets traffic and clicks—which generate revenue—while Russia gets a channel to spread its narratives in the U.S. and a “safe” Western channel to spread its worldview.”

    http://infowar.cepa.org/briefs/Est_24_April17

  12. GregT on Thu, 29th Mar 2018 6:12 pm 

    “Billy 3rd world”

    BillT is an American Davy.

  13. Boat on Thu, 29th Mar 2018 6:25 pm 

    Peak oil.com is no different. A Russian propaganda outlet. That’s why I come….lol…need some Damm Texas reckoning around this joint.

  14. Davy on Thu, 29th Mar 2018 6:32 pm 

    Like I have said many times greggie, you are not intellectually mature enough to go to certain sites. Keep working at it. Small steps like you do in therepy are a start and then work your way up to the adult sites. Infowars….LMfAO.

  15. Cloggie on Thu, 29th Mar 2018 6:32 pm 

    Lookie here the odd couple are back together.

    Has it ever occurred to you Meathead, how isolated you are on this forum? The only true buddy you have is supertard and every now and then you get a pat on the back from your owner millimind, but that’s it. You pretend to be “pro-American”, fighting “anti-Americanism”, but in reality you defend Washington and the imperial interests of the 1% and as a consequence you are ramming “your people” ever deeper into the third world swamp, with your “racism” and “Natzi” shouting.

    Meathead, the Last Soviet Standing.

    Now let’s do a little quiz here, Meathead. If you are of the “1-percent”, how large do you reckon is the group that is NOT the “1-percent”?

    A. 1%
    B. 2%
    C. 15%
    D. 99%

    Well? That wasn’t too difficult, now was it Meathead?

    Wanna meet the 99%?

    https://www.youtube.com/watch?v=LBOTk00eMT4&t=227s

    [3:57-13:00] At 12:00 he says: “this country needs to be split up in hundreds of pieces”.

    For Eurasians this is an interesting observation, because on the outset America may look invincible, but the real enemy of Washington is located in the US itself. Real explicit white nationalists may be small in numbers, but these 50% Trump voters are closet white nationalists and at some point will try to break away from the nightmare that Meathead c.s. have created.

    For most Americans, Americanism is only 100-150 years “deep”. Beneath that are thousands of years of Europeanism. That time that Europe can reassert itself again isn’t very far off. Because these cornered Trump-voters will go along with Europe.

    Meathead knows he is playing with fire and that there could come a moment he will be forced to flee from the still majority white Heartland and bring himself into safety in Europe, hiding his true anti-white motivations, the cuck that he is.

  16. Davy on Thu, 29th Mar 2018 6:35 pm 

    Nazi, I am not here to make friends. I am here to hammer liars like you into the ground. I enjoy seeing people like you squirm. The fact that you come in packs and assorted colors just makes for happier hunting. Lol.

  17. Anonymouse1 on Thu, 29th Mar 2018 6:38 pm 

    The delusionalist says….

    “Nazi, I am not here to make friends.”

    Mission accomplished. RoFL.

    Dumbass.

  18. GregT on Thu, 29th Mar 2018 6:44 pm 

    “Infowars….LMfAO.”

    I would expect nothing less from somebody as messed up as you are Davy.

    CEPA

    About:

    INFORMATION WARFARE INITIATIVE

    “CEPA’s StratCom Program is an innovative, on-the-ground effort to monitor, collate, analyze, rebut and expose Russian disinformation in the countries of Central and Eastern Europe (CEE). Led by CEPA Senior Vice President Edward Lucas and CEPA Senior Adjunct Fellow Donald N. Jensen, the program aims to assist policymakers in advancing transatlantic efforts to develop a comprehensive and effective strategy to counter Russian disinformation in the CEE region.

    The program brings together leading journalists, activists and media analysts from Europe’s frontline states and utilizes their expertise to develop an analytical toolkit for effectively dealing with Russian disinformation at the institutional, strategic and conceptual levels.

    Program activities include practitioner workshops; regular monitoring of country-specific applications of Russian disinformation content and techniques and the effectiveness or weakness of propaganda; the development of an StratCom Web Portal for centralizing data and analytical inputs on disinformation in the CEE region; policy engagement through the convening of policy briefings; and the production of actionable policy recommendations for defending against and defeating Russian efforts.”

    http://infowar.cepa.org/About

  19. peakyeast on Thu, 29th Mar 2018 6:45 pm 

    ALL news today should be considered propaganda pushing some type of agenda.

  20. Cloggie on Thu, 29th Mar 2018 6:51 pm 

    Nazi, I am not here to make friends. I am here to hammer liars like you into the ground. I enjoy seeing people like you squirm.

    Well, glad you admit that you are not popular around here. Have yet to see proof though of this “hammering”. So far it is you who is running from real discussions.

    Already found proof that Hitler and not the US wanted to “conquer the world”, against overwhelming proof that until today the US tries to subvert every country around the world?

    No? Thought so. You are the little pig-liar. But your game is up. Even your owners admit defeat:

    https://www.cfr.org/article/liberal-world-order-rip

    The empire is down for the count and so are you personally. What follows now are mopping up operations.

    You know what “Hande Hoch” or Haut les mains or руки вверх means, now do you, if not you better look it up.lol

  21. GregT on Thu, 29th Mar 2018 6:52 pm 

    According to CEPA, Zerohedge is spreading Russian propaganda, and Davy eats it all up.

  22. Davy on Thu, 29th Mar 2018 7:12 pm 

    greggie, are you intimidated by raw news? LOL. Pussy, take off your panties and grow some nuts.

  23. makati1 on Thu, 29th Mar 2018 7:16 pm 

    Cloggie, Davy does not know how to debate. He pens huge fluff pieces without any refs because there are none that support his narrow vision of America other than Us MSM propaganda. Then he resorts to grade school bully tactics and name calling to make him seem important and everyone else insignificant. He wouldn’t survive a minute in any other place than the Ozarks where intelligence is not common or necessary.

  24. Davy on Thu, 29th Mar 2018 7:26 pm 

    I sure have you upset billy 3rd world so mission accomplished again. I use references when needed. I don’t play the games you and nedernazi play with your constant empty references. You act like if a reference is attached it is somehow the truth.

  25. GregT on Thu, 29th Mar 2018 7:43 pm 

    “raw news?”

    You really are quite the case Davy.

  26. Davy on Thu, 29th Mar 2018 7:51 pm 

    Greggie, try using your intellect to digest the news instead of drinking the purified versions someone tells you is safe. No wonder you rarely say anything and instead spend your time pricking people you hate.

  27. GregT on Thu, 29th Mar 2018 8:07 pm 

    I don’t hate anyone Davy. Hate is a useless human emotion.

    If you spent a quarter of the time listening to others who are obviously vastly more intelligent than yourself, instead of attacking them, and spouting off like a spoiled child, you might actually learn something.

  28. makati1 on Thu, 29th Mar 2018 8:11 pm 

    Davy, you are only imagining that you are affecting those you put down. You are a nobody living a delusional life somewhere in the land of nobodys. Less important than a piss ant.

    If there was anyone here who should be banned, it is yourself. You are nothing but an insane ranter of no consequence other than to make trouble and prove your ignorance, immaturity and lack of commonsense.

  29. Davy on Thu, 29th Mar 2018 8:18 pm 

    Greggie, dumbass, you started the pricking today. I am giving you what you want. You like an ass kicken. This is why you start shit.

  30. onlooker on Thu, 29th Mar 2018 8:22 pm 

    They just might be crazy enough
    US ‘Empire of Debt’ will go to war to stop emergence of petro-yuan – Max Keiser

    https://www.rt.com/business/407789-us-petro-dollar-yuan/amp/

  31. MASTERMIND on Thu, 29th Mar 2018 8:43 pm 

    Ridicule is the tribute paid to the genius by the mediocrities.

    -Oscar Wilde

  32. GregT on Thu, 29th Mar 2018 8:54 pm 

    “You like an ass kicken. This is why you start shit.”

    You aren’t moderating anybody Davy. You aren’t neutering anybody. You aren’t ‘kicken’ anybody’s ass. You aren’t cleaning the forum with bleach. You are not the forum policeman.

    All you are doing is acting out like a spoiled rotten little boy. People are entitled to their own opinions. If you can’t deal with that, then go away.

  33. GregT on Thu, 29th Mar 2018 9:25 pm 

    “They just might be crazy enough US ‘Empire of Debt’ will go to war to stop emergence of petro-yuan”

    And as per usual, the 1% who enjoy ‘exorbitant privilege’, will fool the 99% who do not, into sending their children off to die in war. Except for this time, the war will not be fought entirely in far away places. It will be coming to the US of A, and the 1% will simply fly to their retreats in the Bahamas, until the dust settles.

  34. MASTERMIND on Thu, 29th Mar 2018 10:01 pm 

    Greg

    The wood has been slowly dried for some major future event, and a false flag event will be
    like a lit match on the kindling. The media will pick it up and run with it full-throttle, and people will be herded by fear toward the war door. The cold war could only have been played to a draw. But now with missile shields all surrounding Putin and Russia. The USA can play this game to a win..If I were Putin I would be packing my golden parachute right about now and heading to Switzerland.

  35. GregT on Thu, 29th Mar 2018 10:16 pm 

    “But now with missile shields all surrounding Putin and Russia. The USA can play this game to a win.”

    Other than the financiers, and the military industrialists, nobody wins in war MM. If Washington succeeds in getting their war, every single one of us will suffer, horribly.

    Putin is not your enemy, your government is.

  36. MASTERMIND on Thu, 29th Mar 2018 10:44 pm 

    Greg

    Putin is the enemy. Russia hacked into 11 states voter systems. That is an act of war. i am sorry you love Putin because you hate the jews like clogg and are an anti Semitic. But he needs to pay for what he has done. There are consequences!

  37. makati1 on Thu, 29th Mar 2018 10:50 pm 

    Mm, but, whose missile shields are modern, up to date and whose are antiques that might work,,, some of the time? I would put my money and life on those of the Russians, not American overpowered junk.

    And, did you know that the antique mainland America missile shield is aimed over Canada and the North Pole and not anywhere else? Meaning that a sub off the East or West coast or even in the Antarctic can fire their missiles and they will never be shot down.

    Not to mention the speed that they will be traveling that makes it impossible in any direction. Major battles in both world wars started BEFORE the sun came up in the battle field. Sometimes as early as 3AM.

    BTW: 3AM in Chicago is Noon in Moscow. Perfect time to destroy the Us. Most Americans would be sleeping or hung over. lol

  38. GregT on Thu, 29th Mar 2018 11:04 pm 

    “Putin is the enemy. Russia hacked into 11 states voter systems. That is an act of war.”

    Donald Trump is your democratically elected President MM. If you don’t like the system, then change it, or move somewhere else.

    Stop blaming the failure of your own society on others..

  39. GregT on Thu, 29th Mar 2018 11:11 pm 

    “i am sorry you love Putin because you hate the jews like clogg and are an anti Semitic.”

    I don’t hate anybody MM, and I have nothing against the people of the Middle East.

  40. GregT on Thu, 29th Mar 2018 11:14 pm 

    IMA, the ‘War On Terror™’ is in reality a war against Islam, which would be anti-semitic.

  41. MASTERMIND on Thu, 29th Mar 2018 11:50 pm 

    Greg

    I showed you the exit polls that proved hillary won. Trump is not the elected president. And all the polls showed hillary was way ahead before..the election was hacked by the wealthy and powerful to get their tax cuts. And increase the military budget. You say you dont trust the US government but you trust our faith based computer voting systems? Hackers in Vegas broke into them in ten minutes and changed the votes. You are so fucking old and dumb as shit.

  42. MASTERMIND on Thu, 29th Mar 2018 11:52 pm 

    Madkat

    The missile defense shields are all brand spanking new. Poland just bought some the other day from us. So that proves they are brand new. Nice try. Its Russia that has old 1980’s weapons. We spend almost ten times a year what Russia does. Putin is a dead man. One false flag away! and then we go after China!

  43. MASTERMIND on Thu, 29th Mar 2018 11:55 pm 

    Greg

    How the hell am I as one person supposed to change the system? You dont even make any sense….

  44. GregT on Fri, 30th Mar 2018 12:09 am 

    “How the hell am I as one person supposed to change the system?”

    You aren’t. At this stage, that would require a revolution. Sounds like you guys are close to half way there.

  45. GregT on Fri, 30th Mar 2018 12:11 am 

    “Putin is a dead man. One false flag away! and then we go after China!”

    Stop talking out of your ass MM.

  46. Cloggie on Fri, 30th Mar 2018 12:17 am 

    I showed you the exit polls that proved hillary won. Trump is not the elected president.

    Exit polls don’t prove anything. Most Americans are to cuckish to admit they voted for Mussolini.

    There is not a shred of proof that Russia “hacked” the voting system.

    The missile defense shields are all brand spanking new. Poland just bought some the other day from us. So that proves they are brand new. Nice try. Its Russia that has old 1980’s weapons. We spend almost ten times a year what Russia does. Putin is a dead man. One false flag away! and then we go after China!

    It takes only 4 nukes to destroy millikike and his tribe: Manhattan, Washington, Jeruzalem and Tel Aviv. And one for London to be on the safe side. There will always be sufficient Russian and Chinese nuclear subs left to get the job done if Russia and or China gets attacked first.

    Voltaire quotes:

    ““The Jews are an ignorant and barbarous people, who have long united the most sordid avarice with the most detestable superstition and the most invincible hatred for every people by whom they are tolerated and enriched.””

    “They are, all of them, born with raging fanaticism in their hearts, just as the Bretons and the Germans are born with blond hair. I would not be in the least bit surprised if these people would not some day become deadly to the human race.

    Millikike/apneaman is the purest representation of the Jewish fanatic on this board, who will constantly try to push the world into war. He wants it all: Europe, Russia and China and these filthy water carriers like meathead enable the millikike’s. Have done so for a century.

    https://www.youtube.com/watch?v=HeOVuGcn9O4

    Time to get rid of the kikes and their Anglo servants. America is racially divided in itself and for every Anglo there are 5 Eurasians. And Muslims have shown to be worth fighters on the ground in Afghanistan and Iraq, who can’t be defeated by the US; morale thingy. Turkey and Iran together can clean out KSA and Israel.

    – AUS/NZ to China
    – Heartland/parts of Canada and Scotland to Europe
    – Quebec to France
    – Londinistan to the Muslims

    Voila, the world after WW3.

    http://tinyurl.com/y8ydx6a9

    Come on Johnny B., attack Iran for us and wait to see what happens next.

  47. GregT on Fri, 30th Mar 2018 12:19 am 

    “I showed you the exit polls that proved hillary won. Trump is not the elected president.”

    Really? Could have fooled me.

    Donald Trump Is Elected President in Stunning Repudiation of the Establishment

    https://www.nytimes.com/2016/11/09/us/politics/hillary-clinton-donald-trump-president.html

    Maybe you and I live in different dimensions from each another? In this dimension, on the planet called Earth, Donald Trump is the President of the United States.

  48. GregT on Fri, 30th Mar 2018 12:30 am 

    And MM,

    Be very thankful that Hilliary wasn’t elected. You’d likely either already be vaporized, or living in a nuclear wasteland. That psychotic bitch should be tried in an international court for crimes against humanity, and hung. Long and slow.

  49. Cloggie on Fri, 30th Mar 2018 12:31 am 

    “CNN hacked by Putin”:

    https://edition.cnn.com/2018/03/29/politics/cnn-poll-march-2018-generic-congressional-ballot-midterm-election/index.html

    Advantage Dems over Reps shrunk from 16 to 6 points.

    https://www.infowars.com/dnc-chair-admits-they-want-illegal-immigrants-to-vote/

    “DNC CHAIR ADMITS THEY WANT ILLEGAL IMMIGRANTS TO VOTE”

    Admit it European-America: the US are over, Official Washington wants to destroy you. It is either the horror tale of becoming the next USSR, this time with a proletariat that “happens to be of color”, or a secessional white ethno-state. Tertium non datur.

    Eurasia backs the latter option. Anything but Washington.

  50. GregT on Fri, 30th Mar 2018 1:12 am 

    “CNN hacked by Putin”

    You have to admit, the guy definitely has super human qualities. I wouldn’t be surprised to see Vladimir single handedly winning Nascar, The Super Bowl, and American Idol, all at the same time.

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