OPEC July crude output rose 1.659 mln bpd to 23.632 mln bpd, per OPEC secondary sources. Major member changes: Iraq +0.665 mln bpd to 2.621 mln bpd; Saudi +0.590 mln bpd to 7.352 mln bpd; Kuwait +0.393 mln bpd to 1.845 mln bpd; Iran +0.026 mln bpd to 2.478 mln bpd; Libya +0.040 mln bpd to 1.362 mln bpd; UAE -0.030 mln bpd to 3.780 mln bpd; Nigeria -0.037 mln bpd to 1.546 mln bpd; Venezuela +0.013 mln bpd to 1.117 mln bpd; Algeria +0.008 mln bpd to 0.995 mln bpd; Gabon -0.014 mln bpd to 0.207 mln

Bank of France expects Q3 GDP to rise 0.2%, unchanged from Q2 and slightly above market consensus of 0.1%. Services — notably transport, information and communications — should continue to support activity; manufacturing rebounded in August. Energy output is expected to expand, while construction may weaken further amid fewer public project contracts. A survey of about 8,500 firms showed slower July increases in raw material costs and selling prices, suggesting the pass-through of spring input-cost rises to final prices may be near completion. The bank flagged significant uncertainty from Middle East geopolitics and extreme weather and noted mixed signals ahead of the presidential election: a Q2 rebound alongside unemployment at a near six-year high and persistent budget deficit pressures.

Russian Defence Ministry said its air defenses shot down more than 1,000 drones, five HIMARS rockets and long-range Neptune missiles in the past 24 hours.