Tag

Crude Oil

Total 13 items
WATCHFlashMarket Flash2026-09-09

WTI Crude Rises 0.78% to $92.19/bbl

WTI crude closed at $92.19/bbl, up 0.78%—its third consecutive gain; larger-than-expected EIA drawdowns and persistent Middle East tensions raise offshore procurement cost pressure.

WATCHFlashMarket Flash2026-09-08

WTI Rises 1.23%; Brent Gains 0.62%

WTI rose to $92.61/bbl (+1.23%), Brent to $96.88/bbl (+0.62%), driven by Middle East geopolitical risk premium and larger-than-expected EIA inventory draw; upward pressure on RMB-denominated import costs warrants hedging review per SNSUC Research Institute.

WATCHFlashMarket Flash2026-09-07

Brent Crude Breaks $97/bbl

Brent crude rose 1.26% to $97.49/bbl, nearing the $98 psychological level, supported by sustained Middle East risk premium and rising market expectations of OPEC+ production cuts extension.

ResearchMarket2026-09-03

Crude Benchmarks Steady as Fuel Oil and Bitumen Retreat; Bitumen–Fuel Oil Spread Narrows to ¥1,076/t

On Sep 3, Brent settled at $95.86/bbl (+0.14%) and WTI at $91.11/bbl (+0.14%), steadying after recent volatility. Downstream softened in tandem: fuel oil front-month at ¥3,929/t (-1.06%) and bitumen at ¥5,005/t (-0.87%); the bitumen–fuel oil spread narrowed to ¥1,076/t, down ¥70 from the Sep 1 high of ¥1,146, reflecting how accelerated quota release and faster documentation are compressing arb premiums.