LME base metals stocks: Copper 204,975 t, down 2,750 t; Aluminum 248,300 t, down 1,700 t; Zinc 88 t, down 92,462 t; Nickel 264,732 t, unchanged; Lead 412,675 t, down 1,700 t; Tin 5,485 t, down 50 t.

U.S. oil companies are trimming domestic shale capital spending and redirecting windfall from high oil prices into shareholder returns and debt repayment rather than accelerating production. Company filings show Chevron and ConocoPhillips cut U.S. 48-state capex by about 10% in H1, while Occidental cut Permian spending roughly 20% over the same period; APA, Matador Resources and HighPeak Energy expect drilling and fracking spend materially below year-ago levels. Firms say gains in drilling and completion productivity mean more oil per dollar, so lower capex does not automatically translate into lower volumes as operators sustain or grow output via efficiency. The shift is weighing on U.S. crude supply growth and is drawing political pressure as Trump criticizes refiners and producers for not cutting retail gasoline prices faster.

闪迪(SNDK.O)高管表示，Meta Platforms(META.O)将加入相关团体，共同开发高带宽闪存（HBF）的开放标准。