Brent settled at $104.61/bbl on Sep 11, retreating 2.8% from the Sep 10 peak of $107.63 (+8.7% on the week). SOMO's September Asia OSP held at Basrah Medium -$4.00 and Heavy -$7.30 to Oman/Dubai. Hormuz transits dropped to ~7 vessels/day; Houthis now control both Bab al-Mandeb lanes and Saudi suspended its East-West bypass, keeping war-risk premiums elevated.

On Sep 13, Brent crude fell 3.14% to USD 104.246/bbl; WTI dropped 2.54% to USD 99.878/bbl. Easing Middle East tensions and rising OPEC+ supply expectations weighed on prices.

Brent eased to about $103.5 on Friday after an intraday high of $108 on Thursday, up over 7% on the week. SOMO set September Asia OSP at -$4.00 (Medium) and -$7.30 (Heavy) to Oman/Dubai, tighter than August. Both Hormuz and Bab el-Mandeb are stressed, keeping delivered net cost deeply discounted but logistics premiums surging.

SOMO set September Asia OSP for Basrah Medium at −$4.00 (was −$6.50) and Heavy at −$7.30 (was −$8.80) vs Oman/Dubai; Hormuz transits fell to ~10 vessels/day (lowest since May) while Brent settled $107.63 and WTI $102.48 on a widening geopolitical risk premium.

Brent crude surged 8.1% to $109.40 per barrel today, driven by heightened geopolitical risks.

Brent crude fell 3.34% to $104.04/bbl as concerns over economic outlook intensified.

Escalating US-Iran conflict and Hormuz disruptions drove Brent +3.36% to $101.21/bbl on Sep 9 — its first triple-digit close since July — with WTI at $96.05. Iraq's SOMO set September Asia OSP at Basrah Medium -$4.00 and Heavy -$7.30 (sharply higher vs August). Beyond OSP, SOMO's rare spot tender plus Gulf of Oman STS premiums are reshaping the net-to-arrive differential.

Brent Crude rose 1.93% to $103.164/bbl today. Optimistic expectations for energy demand drove the price increase.

Brent crude rose to $101.76/bbl today, up 3.92% on the day, driven by geopolitical risks and supply-demand shifts.

On 8 September Brent printed $99.14/bbl, up 2.2%, while WTI printed $94.50/bbl, up 3.3%, outpacing Brent. Larger-than-expected US inventory draws combined with Middle East risk premium lifted both benchmarks, compounding RMB-denominated import cost pressure.

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.

Brent crude futures closed at $98.7/bbl, rising 1.75% on the day. Market attention is focused on escalating geopolitical risks.

Brent Crude rose 1.14% to $97.375/bbl, as market expectations for economic recovery strengthened.

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.

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.

Brent at 95.929 USD/bbl, +0.43% day-on-day. Quiet session but holding above $95—import costs aren’t easing.

Brent Crude fell slightly to $95.43/bbl, down 0.09%. WTI Crude rose 0.09% to $91.38/bbl.

The Brent–WTI spread has compressed from $5+/bbl to $4.75/bbl, marginally tightening the transatlantic arb window. Combined with the rebalancing of Asian delivery premiums for ESPO, Dubai and Oman versus origin premiums on Urals, Bonny Light and Lula, the laycan–discount mix across SNSUC's seven crude re-export grades requires vessel-by-vessel revaluation.

Brent last traded at $88.33/bbl with WTI at $83.47/bbl, up 0.05% intraday. Markets eye tightening supply ahead of September North American refinery maintenance;