On September 17, the main contract for China's domestic SC crude oil futures experienced a significant decline, falling by 5.08% to close at 764 yuan per barrel. This trading price is quoted as an untaxed value, reflecting the standard market practice for these transactions.

The sharp drop in the futures contract highlights notable volatility in the energy market, driven by ongoing fluctuations in supply and demand dynamics. Market participants are closely monitoring these movements to gauge future price trends, with the latest session marking one of the more pronounced single-day losses recently observed.

As the trading day unfolded, the SC crude oil futures contract mirrored broader global oil price trends, with investors adjusting their positions in response to geopolitical developments and economic data. The 5.08% decrease positions the contract at 764 yuan per barrel, a level that could influence pricing strategies across the domestic energy sector in the near term.