Energy:
1. Pricing documents show Kuwait has lowered its November crude oil prices for Asia.
2. OPEC Secretary General: Global demand for primary energy sources will increase by 23% by 2050.
3. Poland is expected to reach a fuel inventory release agreement with the International Energy Agency on Thursday.
4. Kazakhstan's state-owned oil transporter KazTransOil: Oil exports reached 35.8 million tons from January to September.
5. Saudi Aramco CEO: The company is exploring additional crude oil export routes and working to expand its overseas oil storage facilities.
6. Russian Deputy Prime Minister: Negotiations are underway between Russian and US energy sectors and companies regarding diesel supply.
7. IMF: The average crude oil price is projected to be $96 per barrel in 2026 and $87 per barrel in 2027.
8. Goldman Sachs: The impact of Russian diesel supply is limited; the potential release of 50 million barrels of diesel from the European strategic reserves is expected to reduce wholesale diesel prices in the US Gulf Coast and Europe by $11 per barrel.
Agriculture/Mining:
1. Central Bank of the Democratic Republic of Congo: The Congo will increase its gold reserves from 3 tons to 5 tons by the end of the year.
2. Central Bank of Kazakhstan plans to reduce its gold holdings, lowering the proportion of gold reserves by approximately 3%.
3. Bank of America predicts the gold price will be $4,000/ounce in the fourth quarter of 2026 and an average price of $4,813/ounce for the whole of 2027.
4. Global Shipping Situation:
5. British institution: Six ships were attacked in the Strait of Hormuz and surrounding waters on the same day.
6. Two ships off the Black Sea coast of Bulgaria were attacked by drones, one of which sank.
Other:
1. US President Trump: May cancel tariffs on Colombia.
2. IMF warns: El Niño may further impact commodity markets and exacerbate inflationary pressures.
