ResearchMarket2026-10-21
Both crude benchmarks fall and the yuan firms below 6.68; SNSUC crude listing benchmark eases to 5,300/t CNY
Brent settled at $108.32 and WTI at $97.17, both lower. The yuan firmed past 6.68 against the dollar. Under SNSUC's listing formula (Brent x FX x 7.33 x grade), the crude benchmark landed cost has retreated about 162/t CNY from its early-month peak, easing the working-capital load on transfer trades.