Energy:
1. OPEC+ agreed to increase oil production quotas by 188,000 barrels per day in September.
2. Central Bank of Azerbaijan: The average oil price is projected to be $84.5 per barrel in 2026 and $78 per barrel in 2027.
3. Oman crude oil's official selling price in September was $76.36 per barrel, compared to $79.09 in August.
4. ING: The US strategic petroleum reserve is nearing its limit, and the middle distillate market is extremely tight.
5. ExxonMobil (XOM.N): Second-quarter production was 4,514,000 barrels of oil equivalent, compared to market expectations of 4,227,000 barrels of oil equivalent.
6. Indian Information Minister: The Cabinet approved approximately 840 billion rupees for deep-sea exploration programs; and approved 50.7 billion rupees for solar energy projects.
7. Reuters survey: US crude oil average price expected to be $80.14 per barrel in 2026, up from $79.49 in June.
8. Indian Oil Corporation executive: Indian Oil Corporation will purchase Saudi crude oil via the African route. The company will invest approximately 1 trillion Indian rupees in petrochemical capacity expansion over the next 5-6 years. The expansion of refining capacity will increase crude oil processing volume to 85 million tons in 2027/28.
9. Kazakhstan's Ministry of Energy: Proposal to completely halt the Caspian Pipeline Alliance (CPC) is not under consideration.
10. Japanese Minister of Economy, Trade and Industry, Ryoma Akazawa: August crude oil purchases are expected to reach approximately 100% of the same period last year, ensuring the "quantity needed by Japan as a whole." Even with a conservative estimate of maintaining only 75% of the purchase level of the same period last year, the use of national reserves is sufficient to guarantee oil supply until the end of March 2028.
11. Italian military claims to have intercepted a Russian "shadow fleet" oil tanker in the Mediterranean.
Agriculture/Mining:
1. According to Yonhap News Agency: South Korean officials stated that South Korea and Argentina have reached an agreement to strengthen cooperation in key minerals.
2. Malaysia is considering easing its rare earth export ban.
3. Australia confirms its first case of H5N1 avian influenza causing a mass die-off of seabirds.
Iran Situation:
1. The Straits Authority of the Persian Gulf announced the suspension of passage through the Strait of Hormuz.
2. Claiming a preliminary framework agreement had been reached, Trump suddenly announced a halt to strikes against Iran.
