Qatar foreign ministry spokesman said the country remains hopeful an agreement is still possible and is seeking to create conditions for future talks.

ARAMCO says its east–west pipeline continues to provide export flexibility and the company is exploring increases in overseas inventories and new export routes.

At morning close, China’s main futures contracts were mostly lower: benzene hit the daily limit down; SC crude fell over 8%, fuel oil dropped more than 7%; low‑sulfur fuel oil (LU) and container freight Europe route slid over 6%; paraxylene fell nearly 6%; asphalt, synthetic rubber and styrene declined more than 5%. On the upside, glass and stainless steel (SS) rose over 2%, soda ash gained nearly 2%, Shanghai silver and caustic soda were up more than 1%, while Shanghai gold, platinum and Shanghai nickel each rose around 1%.