USD/CNY settled at 6.6984 (-0.03%), lowest in 3 weeks; Brent & WTI fell 1.2–1.9%, easing import cost pressure. Yet daily CNY volatility shrank to just 20 pips, raising settlement timing risk. Fuel oil (+0.89%) and bitumen (+1.53%) rallied — un-hedged importers now face dual exposure to FX + commodity moves.