1. Shell: Fourth-quarter combined natural gas production is expected to be approximately 1.08 million to 1.18 million barrels of oil equivalent per day. Fourth-quarter liquefied natural gas (LNG) liquefaction is expected to be approximately 7.3 million to 7.9 million tons. Refinery utilization is expected to be approximately 92% to 100%. Chemical manufacturing plant capacity utilization is expected to be approximately 78% to 86%.
2. Shell CFO: Diesel production is expected to increase by 5% year-on-year in the third quarter of 2026.
3. Woodside Energy signed a 20-year LNG supply agreement with Qatar Energy, with a maximum supply of 3 million tons per year.
4. EU Energy Chief: Our current natural gas consumption is 18% lower than in 2022.
5. Japanese Prime Minister Sanae Takaichi: From December to next spring, the target retail price of gasoline at gas stations will be increased by 5 yen per liter per month.
6. French officials stated that diesel inventory requirements have been lowered to release supply.
7. Russia is reportedly extending its diesel export ban and will meet its supply agreement with the US through quotas.
8. Qatar is purchasing liquefied natural gas from the US and other regions to hedge against risks in the Strait of Hormuz.
9. The US has completed the final tranche of its global crude oil lending agreement, with approximately 40 million barrels entering the market.
10. ANZ Bank: If a credible diplomatic breakthrough is achieved in the Middle East and shipping conditions improve significantly, Brent crude oil prices may fall back to around $90-95 per barrel. If the conflict escalates significantly, oil prices could face the risk of rising above $120 per barrel.
11. Glencore: Third-quarter copper production was 598,600 tonnes. Year-to-date copper production is up 12%. Third-quarter copper production was 201,600 tonnes. Third-quarter gold production was 94,000 ounces, and silver production was 3,992,000 ounces.
