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$1bbl

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"Key Takeaways: * Dubai M1M3 has fallen to a 5-month low and is expected to hover near $1/bbl through October potentially prompting Saudi Aramco to sharply cut OSPs next month. * Chinas SPR restocking theme has faded from the spotlight while concerns over weaker Chinese crude intake have taken centre stage. * The loss of Sinopecs crude throughput and a global spike in freight rates may discourage Chinese SOEs from buying additional barrels for restocking in the near term"
X Link @karun_f7 2025-10-15T15:23Z 7534 followers, XXX engagements