Colombia's state oil company said blockades have halted production of more than 800,000 barrels of oil.

ECB: wage tracker shows negotiated wage growth steady at about 2.6% through end-2026.

At the morning close, China’s main futures contracts were mostly lower. Liquefied petroleum gas (LPG) fell more than 7%, fuel oil down over 5%. Ethylene glycol (EG), low-sulfur fuel oil (LU), asphalt and Shanghai crude (SC) each slid more than 4%. Propylene dropped about 4%, methanol fell over 3%. On the upside, urea rallied over 3%; lithium carbonate, platinum, cotton, cotton yarn, Soybean No.2, Shanghai lead and palm oil gained more than 1%.