News

Fed Goolsby: If we are going to face high oil prices, consumer inflation expectations could rise significantly.

U.S. Central Command: During the blockade, nine ships have followed U.S. military instructions and turned around and returned to Iranian ports or coastal areas.

Fed Goolsby: Public may misinterpret rising prices as sustained.

Fed Goolsby: Rate setters face "double dangers" from Iran war and tariffs.

British Defense Secretary: In the past four months, Russia has lost more troops than it has recruited.

U.S. House Speaker Johnson: A streamlined reconciliation package is expected to be introduced next week, and we will do our best to fund the necessary parts of the government.

Goldman Sachs President: I don’t think there are substantial weaknesses in the U.S. economy.

British Finance Minister Reeves: If the war ends, economic growth will be higher and inflation will be lower.

British Chancellor of the Exchequer Reeves: Ending negotiations with Iran and turning to war is a mistake.

German Defense Minister: There is no possibility of opening the Strait of Hormuz in the short term.

British Chancellor of the Exchequer Reeves: De-escalation and the opening of the Strait of Hormuz are key priorities.

British Chancellor of the Exchequer Reeves: We do not believe that the security situation today is improved compared to before the war.

British Chancellor of the Exchequer Reeves: The Strait of Hormuz was open before; we want to get back to that status.

Russian Urals crude oil prices remained close to a 12-year high in April at about $100 a barrel, Reuters data showed.

U.S. Senate Republican Leader Thune: It is in everyone's best interest to end the investigation of Federal Reserve Chairman Powell.

U.S. Energy Information Administration (EIA): U.S. oil exports jumped to a record high.

EIA distillate fuel production extended demand data in the United States for the week to April 10 was 5.43 million barrels per day, compared with the previous value of 5.6361 million barrels per day.

EIA total automotive gasoline production extended demand data for the week to April 10 in the United States was 9.9881 million barrels per day, compared with the previous value of 9.4446 million barrels per day.

EIA crude oil production extended demand data for the week to April 10 in the United States was 19.017 million barrels per day, compared with the previous value of 19.48 million barrels per day.

The EIA refinery equipment utilization rate in the United States for the week to April 10 was 89.6%, compared with the expected 92.2%, and the previous value of 92%.