What are the parameters of the standard contract for crude oil futures in Shanghai International Energy Trading Center?
The crude oil futures in the previous period refers to the intermediate sulfur-containing crude oil, with the benchmark quality of API 32.0 and the sulfur content of 1.5%. The specific types of deliverable oil products and premiums shall be stipulated separately by the Energy Center, and Shanghai International Energy Trading Center may adjust the types of deliverable oil products and premiums according to the market development. The contract parameters are as follows: