News

Three sources said Trump’s directive will prompt U.S. officials to use the Defense Production Act to find ways to increase oil and fuel production.

Three sources said Trump’s directive will prompt U.S. department heads to look for ways to circumvent local and state regulations to boost energy production.

Three industry sources said that US President Trump will issue directives to US officials to seek to control diesel costs.

According to the Financial Times: US President Trump is pressuring Mexico to reach an energy deal with US companies.

EDF (Électricité de France): Of the €4 billion loan, €1 billion will be used to refinance investments related to extending the lifespan of existing nuclear reactors in France.

According to Politico: US President Trump's expansion of beef imports has failed to significantly lower prices, sparking discontent among ranchers.

French state-owned utility EDF has signed a €4 billion loan agreement.

US Vice President Vance: (Regarding the US military's plan to broadcast executions live) I don't know if it will happen. If it does, I will not watch it.

The Federal Reserve accepted a total of $300 million from one counterparty in its fixed-rate reverse repurchase operations.

Fitch Ratings: Despite tightening debt capacity, the UK gas network still has a buffer.

Baker Hughes: U.S. energy companies have added drilling rigs for the fourth time in five weeks.

The total number of drilling rigs in the United States for the week ending October 9 was 603, compared to 598 in the previous week.

The total number of natural gas drilling rigs in the United States for the week ending October 9 was 132, compared to 133 in the previous week.

The total number of oil rigs in the United States for the week ending October 9 was 462, compared to 456 in the previous week.

The total number of oil rigs in the United States for the week ending October 9 will be released in ten minutes.

European Council President Costa: We will carefully analyze the situation and take appropriate measures to protect the Court. The US decision to postpone the implementation of its latest measures is an opportunity for dialogue. The EU will continue to support the International Criminal Court and the Rome Statute system through political, diplomatic, financial, and practical means.

European Council President Costa: International justice must be upheld. There can be no lasting peace without accountability. The EU deeply regrets the US decision to impose sanctions on the International Criminal Court (ICC) governing body.

The U.S. Marine Minerals Administration reports that of the 11 non-powered positioning drilling rigs currently operating in the Gulf of Mexico, personnel have been evacuated from 8 of them, representing 72.73%.

UN Spokesperson Stefan Dujarric: The US plan to broadcast the execution live is "frankly abhorrent, a government executing someone in front of the public or on camera."

The U.S. Marine Minerals Administration reports that two of the 17 dynamically positioned drilling rigs have been moved from their original operating locations as precautions to avoid the storm.