Brent settled at $101.266 and WTI at $89.771, pulling the spread in from $12.00 to $11.50. With the yuan pinned at 6.705, landed duty-paid cost held flat, re-ranking ESPO/Dubai/Oman light-sweet barrels against Urals/Basrah heavy grades.

Brent at $102.65 (+0.34%) and WTI at $91.50 (-1.48%) reopen an $11.15 spread; the light-sweet premium firms and resale arrival windows need re-pricing.