Crude surged on Sep 8: Brent briefly topped $98/bbl (Saudi facilities hit, Houthi deep-strike threats) and WTI rose >2% above $93. SOMO lifted Sep Asia OSP differentials — Basrah Medium -$4.00, Heavy -$7.30 vs Oman/Dubai. We break down the net-back in three layers.

Debunks the '18/bbl' rumor (July heavy legacy); Sept Asia OSP Medium -4.00, Heavy -7.30; with spot discount and load premium, net FOB lands ~-29 to -35/bbl. Quote in three layers.