News

U.S. Treasury Secretary Bessent: Tariffs may return to previous levels in early July.

European Central Bank President Lagarde: Inflation expectations will not be allowed to become detached.

U.S. Treasury Secretary Bessent: Economic growth this year can still easily exceed 3% or 3.5%.

U.S. Treasury Secretary Bessent: Economic fundamentals remain strong.

Venezuelan Acting President Rodriguez: The license issued by the United States does not provide long-term legal protection, and sanctions on Venezuela should be lifted. Oil companies will be listened to for their suggestions and opinions regarding the energy industry.

According to network status monitoring website DownDetector: User reports indicate that X is out of order in the United States.

ECB President Christine Lagarde is due to speak in ten minutes.

Hassett, director of the White House National Economic Council: We can definitely achieve 4% growth this year.

Documents show that Italian oil company Eni is loading a batch of heavy crude oil from Venezuela for shipment to Europe.

API crude oil production in the United States in the week to April 10 was -145,000 barrels per day, compared with the previous value of 71,000 barrels per day.

The United States imported 70,000 barrels/day of API refined oil products in the week to April 10, compared with the previous value of 74,000 barrels/day.

U.S. API crude oil imports in the week to April 10 were -336,000 barrels, compared with the previous value of -593,000 barrels.

U.S. API heating oil inventories for the week to April 10 were -228,000 barrels, compared with the previous value of -92,000 barrels.

U.S. API Cushing crude oil inventories for the week to April 10 were -1.684 million barrels, compared with the previous value of -629,000 barrels.

U.S. API refined oil inventories for the week to April 10 were -3.363 million barrels, expected to be -2.5 million barrels, and the previous value was -599,000 barrels.

U.S. API gasoline inventories for the week to April 10 were 626,000 barrels, expected to be -2.212 million barrels, and the previous value was -3.968 million barrels.

API crude oil inventories in the United States for the week to April 10 were 6.101 million barrels, expected to be -1.266 million barrels, and the previous value was 3.719 million barrels.

According to the Times: Despite serious warnings that Britain's "national security and safety are at risk", British Finance Minister Reeves proposed to limit the increase in defense spending to less than 10 billion pounds over the next four years.

According to CBS: The White House stated that 103 empty ships are heading to U.S. ports to load oil.

U.S. API crude oil inventories for the week to April 10 will be released in ten minutes.