IEA monthly report forecasts 2027 supply growth of 8 mln b/d versus demand growth of 2 mln b/d, creating a "significant surplus" of more than 5 mln b/d.

Global Chip LOF: Trading will be suspended from market open on June 18, 2026 and will resume at 10:30 on the same day; redemptions will be processed normally during the suspension.

Suizhou, Hubei, will push its special-purpose vehicle and emergency-equipment industries toward new-energy, intelligent, high-end and integrated manufacturing, and aims for industry output to exceed 100 bln yuan by 2030 to build China’s largest mobile emergency-equipment integrated base and consolidate a national-leading position. The city also plans upgrades in agricultural-product processing and metallurgical building materials, targeting industry clusters of about 100 bln yuan and 50 bln yuan, respectively.