U.S. EIA weekly natural gas storage injection for week ending Aug 21: +150 Bcf vs. market expected +200 Bcf; prior +160 Bcf.

Li Chao, deputy director of the policy research office at the CHINA STATE PLANNER, told the agency's August briefing the so‑called "China squeeze" argument is a baseless zero‑sum attack aimed at preserving hegemonic interests and denying other countries' development rights. He said China is supporting industrialization and green transition in developing countries through concrete actions, that imports and exports with over 180 countries and regions rose in the first seven months of the year, and pledged China will continue to contribute to global development and human progress.

Spot palladium rises 2.0% intraday to $1,356.61/oz.