Domestic futures crude oil is subject to price limit, and the price limit of futures crude oil is generally 5%, and the range will be adjusted when the daily limit is three consecutive days or three consecutive days.

The futures price limit system means that the transaction price of a futures contract in a trading day cannot be higher or lower than a certain fluctuation range based on the settlement price of the previous trading day, and the quotation beyond this range will be regarded as invalid and cannot be traded. The price limit system implemented in China has the characteristics of "touching the board", that is, after the stock price or futures contract price reaches the price limit, the trading is not restricted, and the trading within or within the price limit can still be carried out until the market closes on the same day.

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