1. [Crude Oil] On August 31, international crude oil futures closed higher. The settlement price for the US WTI crude oil futures contract for October delivery was $85.76 per barrel, up $2.36 or 2.8%. The settlement price for the Brent crude oil futures contract for November delivery was $90.49 per barrel, up $2.39 or 2.7%.

2. [Crude Oil] Data from the US Department of Energy shows that US crude oil inventories in the Strategic Petroleum Reserve (SPR) fell by approximately 3.1 million barrels last week to 286.6 million barrels, the lowest level since November 1982.

3. [Crude Oil] US Energy Information Administration (EIA): US oil production in August is projected to average 13.83 million barrels per day (bpd), a slight increase from 13.82 million bpd in July; production in September is expected to average 13.77 million bpd.

4. [Crude Oil] On August 31, a preliminary survey indicated that US crude oil inventories and refined product inventories were expected to decline last week. Analysts projected an average decrease of approximately 800,000 barrels in crude oil inventories for the week ending August 28. Gasoline inventories were estimated to fall by about 2.4 million barrels, while distillate inventories—including diesel and heating oil—were expected to decrease by 1.3 million barrels.

5. [Crude Oil] According to GME data: The official selling price for Oman crude oil for October delivery is $87.84 per barrel, an increase of $11.48 from the September price of $76.36.

6. [Natural Gas] On Monday, the price of the European benchmark Dutch TTF natural gas rose above €70 per megawatt-hour. Market prices faced upward pressure due to uncertainty regarding liquefied natural gas (LNG) supplies from the Gulf region.

7. [Petroleum Coke] On August 31, Zibo Xintai Petrochemical Co., Ltd. quoted petroleum coke at 3,705 RMB/tonne, down 100 RMB/tonne from the previous trading day. Specifications include 1.9% sulfur and 245 ppm vanadium; the company produces 500 tonnes of petroleum coke daily, and shipments are proceeding normally.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.