Energy:
1. Ukraine continues its attacks on energy facilities, causing Russian crude oil production to fall below quotas.
2. ADNOC plans to use a "covert transshipment" strategy to help Iraq export crude oil.
3. EIA report: US crude oil inventories saw their largest increase since January 2023 last week.
4. IEA: Global oil demand is projected to decline by 1.56 million barrels per day to 103.29 million barrels per day in 2026, a decrease of approximately 510,000 barrels per day from the previous forecast.
5. OPEC monthly report: The 2026 global oil demand growth forecast was lowered to 580,000 barrels per day, while the 2027 forecast was raised from 1.94 million barrels per day to 2.16 million barrels per day.
Agriculture/Mining:
1. New Zealand approves new energy extraction licenses in the Taranaki Basin.
2. Following setbacks in mining projects, Codelco abandons its copper production growth target.
3. Supply concerns eased, and aluminum prices continued their decline, retreating from a seven-week high.
4. The Bank of Korea bought gold assets for the first time in 13 years and may continue to increase its holdings.
5. Australia pledged $1.76 billion to maintain operations at Rio Tinto's Thomasgo aluminum smelter.
6. Executives at Chilean state-owned copper company Codelco said they are exploring expanding the Elteniente copper mine to compensate for production delays caused by earthquake risks.
