Brent crude is down more than 1.0% intraday, trading at $86.37/bbl.

Chile's state miner Codelco has abandoned a plan to raise this year's copper output to 1.34 mln t from last year's revised 1.307 mln t and now expects production to decline, sources said. The company ceded the world's top supplier spot to BHP last year; another annual drop would compound decades of weak output and soaring debt. Surging demand from data centers and electric vehicles is increasing development difficulty and costs, and Codelco's efforts to reform ageing assets have shown little progress, underscoring broader industry supply challenges.

市场消息：相关邮件显示，印度汽车行业游说团体与马鲁蒂、塔塔、马恒达等企业在撤回对政府投诉前讨论了E20燃料污染问题。