Qatar sets September official selling price (OSP) for seaborne crude at $5.00/bbl below the Oman/Dubai benchmark; OSP for land crude set at $4.50/bbl below the same benchmark.

Satellite images show the first VLCC in weeks docking at a terminal near Ras Tanura on Saudi Arabia’s Persian Gulf coast, suggesting Riyadh is working to maintain crude exports. Shipping at Saudi ports remains affected by Iran-related conflict, Strait of Hormuz tensions and Houthi threats. Riyadh has shifted some loadings to Red Sea port Yanbu and is exporting via the SUMED pipeline to the Mediterranean. Yanbu activity has declined from earlier levels; three tankers are currently berthed there with combined capacity of about 3.4 mln barrels. Market participants say Saudi export flows are moving away from traditional Hormuz-to-Asia routes toward northbound Red Sea/Suez alternatives to reduce security risk. Some tankers have switched off AIS and satellite monitoring has temporal gaps, so actual Saudi crude loadings remain hard to confirm.

Taiwan Weighted Index (TAIEX) closed up 503.41 points, or 1.11%, at 46,021.48 on Thursday, Aug. 13.