News

The British National Institute of Economic and Social Research: Based on the moderate scenario, the British economic growth forecast for 2026 has been lowered from 1.4% to 0.9%.

The National Institute of Economic and Social Research: The Bank of England is expected to raise interest rates to 4% under a moderate scenario.

The British National Institute of Economic and Social Research: The British economy is expected to grow by only 0.5% under an "unfavorable" Middle East scenario.

The British National Institute of Economic and Social Research: It is expected that the peak inflation will exceed 6% under an adverse scenario.

The National Institute of Economic and Social Research: In an adverse scenario, the Bank of England's key interest rate should rise to 5.25%.

According to the Wall Street Journal: The U.S. Senate has shelved the Cuba war powers resolution.

According to US financial media Semafor: US Senator Fetterman said that he will support the nomination of Kevin Warsh as chairman of the Federal Reserve. He may become the only Democrat to support the nomination.

According to AXIOS: OpenAI and Anthropic held a meeting with a U.S. House of Representatives committee on advanced network models.

According to a CNBC reporter: The head of artificial intelligence at the U.S. Department of Defense confirmed that the department is expanding its use of Google’s Gemini artificial intelligence model.

According to Al Jazeera: The White House says the United States will not "rush into a bad deal" with Iran to end the war and open the Strait of Hormuz.

British Prime Minister's Office: The British Chancellor of the Exchequer made it clear that the government needs to respond flexibly and responsibly to the economic impact of the war in Iran.

U.S. State Department: The U.S. ambassador to Ukraine will leave Kyiv in June.

In the week to April 24, API crude oil production in the United States was 151,000 barrels per day, compared with the previous value of -240,000 barrels per day.

U.S. API refined oil imports in the week to April 24 were -99,000 barrels per day, compared with the previous value of -6,000 barrels per day.

The United States imported 134,000 barrels of API crude oil in the week to April 24, compared with the previous value of -243,000 barrels.

U.S. API heating oil inventories for the week to April 24 were -421,000 barrels, compared with the previous value of -530,000 barrels.

U.S. API Cushing crude oil inventories for the week to April 24 were -820,000 barrels, compared with the previous value of 678,000 barrels.

U.S. API refined oil inventories for the week to April 24 were -2.602 million barrels, compared with expectations of -2.29 million barrels and the previous value of -4.59 million barrels.

API gasoline inventories in the United States for the week to April 24 were -8.472 million barrels, compared with expectations of -2.093 million barrels, and the previous value of -5.165 million barrels.

API crude oil inventories in the United States for the week to April 24 were -1.793 million barrels, compared with expectations of 271,000 barrels, and the previous value of -4.47 million barrels.