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The main Shanghai nickel futures contract fell more than 2.00% intraday, currently trading at 116,070.00 yuan/ton.

2026-10-15

The main Shanghai nickel futures contract fell more than 2.00% intraday, currently trading at 116,070.00 yuan/ton.

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2026-10-15

EU leaders meet for a two-day summit in Brussels starting Thursday to address surging energy costs; the US‑Iran war has left policymakers with limited options and energy inflation is central to debates over European competitiveness. The European Comm

EU leaders meet for a two-day summit in Brussels starting Thursday to address surging energy costs; the US‑Iran war has left policymakers with limited options and energy inflation is central to debates over European competitiveness. The European Commission will tell heads there is no quick fix. Member states face fiscal constraints: price caps or tax cuts carry heavy budget costs, and higher interest rates raise the fiscal burden. Brussels is considering measures with limited near-term impact — extending joint energy procurement, postponing methane-related climate rules tied to fossil-fuel imports, and prolonging national aid for hard-hit industries. Europe’s reliance on imported oil and gas means these steps are unlikely to prevent short-term energy-price increases.
2026-10-15

US API gasoline inventories rose 1.091 mln barrels in the week to Oct 9, versus an expected draw of 0.8 mln barrels and a prior draw of 1.365 mln barrels.

US API gasoline inventories rose 1.091 mln barrels in the week to Oct 9, versus an expected draw of 0.8 mln barrels and a prior draw of 1.365 mln barrels.
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