News

According to RIA Novosti: The secretary of Iran’s National Security Council conveyed a message from Iran’s supreme leader to Russian President Vladimir Putin.

Russian news agencies reported that the secretary of Iran's National Security Council held talks with Russian President Vladimir Putin in Moscow on Thursday.

Traders are fully pricing in two more rate cuts from the Fed before the end of 2025.

Goldman Sachs President Waldron: U.S. economic confidence is improving.

The U.S. two-year Treasury yield fell below 3.44% for the first time since April.

The EIA Strategic Petroleum Reserve inventory in the United States for the week to October 10 was 800,000 barrels, compared with the previous value of 285,000 barrels.

EIA distillate fuel production extended demand data in the United States for the week to October 10 was 5.399 million barrels per day, compared with the previous value of 5.5893 million barrels per day.

EIA total automotive gasoline production extended demand data in the United States for the week to October 10 was 9.4734 million barrels per day, compared with the previous value of 9.8243 million barrels per day.

The U.S. EIA refinery equipment utilization rate for the week to October 10 was 85.7%, expected to be 92.3%, and the previous value was 92.4%.

EIA refined oil production in the United States in the week to October 10 was -577,000 barrels per day, compared with the previous value of 210,000 barrels per day.

EIA gasoline production in the United States in the week to October 10 was -394,000 barrels/day, compared with the previous value of 409,000 barrels/day.

U.S. EIA refined oil imports in the week to October 10 were -77,000 barrels per day, compared with the previous value of -331,000 barrels per day.

EIA refined oil inventories in the United States for the week to October 10 were -4.529 million barrels, compared with expectations of -294,000 barrels, and the previous value of -2.018 million barrels.

EIA crude oil production in the United States in the week to October 10 was -1.167 million barrels per day, compared with the previous value of 129,000 barrels per day.

EIA reformulated gasoline inventories in the United States for the week ending October 10 were 5,000 barrels, compared with the previous value of -1,000 barrels.

EIA heating oil inventories in the United States for the week to October 10 were -519,000 barrels, compared with the previous value of -60,000 barrels.

EIA gasoline inventories in the United States for the week to October 10 were -267,000 barrels, compared with expectations of -75,000 barrels, and the previous value of -1.601 million barrels.

Shimizu, Deputy Governor of the Bank of Japan: Countries are facing many uncertainties, especially uncertainty from trade policies, which may have an adverse impact on business and household sentiment. Another uncertainty facing Japan is how the economy will respond to the world entering an era of positive interest rates.

Ukrainian energy companies stated that Ukraine has initiated emergency power outages in all regions due to previous Russian attacks on energy facilities.

According to Nikkei: The Japanese government plans to increase visa application fees to levels comparable to those of the United States and European countries. This adjustment will apply to tourist, business and long-term residence visas.