News

EIA distillate fuel production extended demand data in the United States for the week to November 21 was 5.0331 million barrels per day, compared with the previous value of 4.9746 million barrels per day.

EIA total automotive gasoline production extended demand data for the week to November 21 in the United States was 9.8144 million barrels per day, compared with the previous value of 9.5011 million barrels per day.

The EIA refinery equipment utilization rate in the United States for the week ending November 21 was 92.3%, compared with the expected 90.8%, and the previous value of 90%.

The EIA Strategic Petroleum Reserve inventory in the United States for the week to November 21 was 498,000 barrels, compared with the previous value of 533,000 barrels.

EIA refined oil inventories in the United States for the week to November 21 were 1.147 million barrels, compared with expectations of 556,000 barrels and the previous value of 171,000 barrels.

The United States imported 309,000 barrels/day of EIA refined oil products in the week to November 21, compared with the previous value of -270,000 barrels/day.

EIA gasoline inventories in the United States for the week to November 21 were 2.513 million barrels, compared with expectations of 745,000 barrels, and the previous value of 2.327 million barrels.

EIA reformulated gasoline inventories in the United States for the week ending November 21 were 6,000 barrels, compared with the previous value of 0,000 barrels.

Spain's IBEX 35 index rose by 1.00% on the day.

German Defense Minister: Germany must redefine its role because we cannot predict which alliances we will rely on in the future.

German Defense Minister: Ukraine must not be forced to unilaterally cede territory.

UK Financial Conduct Authority (FCA): Criminal proceedings have been launched against Bobosher Sharipov and Bekzod Avazov, accusing them of making nearly £70,000 by leaking and trading on insider information.

Richard Hughes, chairman of the UK's Office for Budget Responsibility, said when asked whether he would resign due to the early release of the financial report: he would abide by the recommendations of the ongoing investigation.

The U.S. Chicago PMI recorded 36.3 in November, the lowest since May 2024.

The Chicago PMI in November in the United States was 36.3, compared with the previous value of 43.8.

ECB Governing Council member Vujcic: To cut interest rates again, you have to see a downward trend in the path of inflation.

Nomura Securities: Recommends “profit taking” on its long EUR/GBP trade recommendation following the UK Budget.

Nomura Securities: GBP short positions may be unwound as UK Budget avoids "significant negative elements".

U.S. stocks opened, with the Dow Jones Industrial Average opening up 0.18%, the S&P 500 Index rising 0.41%, and the Nasdaq Composite Index opening up 0.56%. Li Auto (LI.O) fell 1.4%. The company's fourth-quarter revenue guidance was lower than market estimates. Alphabet (GOOG.O) fell 0.47%. Nvidia (NVDA.O) rose 1.7% and Advanced Micro Devices (AMD.O) rose nearly 2%.

The defense ministers of India and Indonesia will hold talks on November 27.