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Home > WTI crude oil News > News Detail
WTI crude oil News
SunSirs: Energy Industries Bulk Commodity Intelligence (August 7, 2026)
August 07 2026 15:11:12SunSirs(Selena)

1. [Crude Oil] Documents indicate that Saudi Arabia has set the official selling price (OSP) for Arab Light crude oil bound for Asia in September at a discount of $2.00 per barrel against the average of Oman and Dubai quotes.

2. [Coking Coal] Shanxi Coking Coal announced that a workplace safety accident occurred at its Xiqu Mine on August 5, resulting in one fatality; the mine has currently suspended production. The Xiqu Mine has an approved annual capacity of 2.7 million tonnes, accounting for 5.67% of the company's total approved capacity. The company is cooperating with the accident investigation and strengthening safety risk controls; the specific impact will be subject to subsequent financial reports.

3. [Fuel Oil] On August 6, China Gas's ex-warehouse quotes for low-sulfur fuel oil in the Shanghai region were 5,900 RMB/tonne for 180cst (down 250 RMB/tonne from the previous trading day) and 6,000 RMB/tonne for 120cst (down 250 RMB/tonne from the previous trading day).

 

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