Brent crude fell 3.00% intraday to $108.34/bbl. WTI slid 3.00% intraday, dropping below $99/bbl.

China's first automated production line for hydrogen-sealing materials began trial operation in Huantai County, Zibo, Shandong. A local new-materials firm spent three years developing material formulas and production processes to replace previously imported high-end sealing materials; core products now claim full domestic substitution. The intelligent line replaces manual batching and processing, addressing long-standing quality and batch-consistency issues. The produced sealing gaskets exhibit high rebound and low creep; when fitted in water electrolyzers their service life can reach up to 10 years.

The Taiwan Weighted Index opened down 758.87 points (1.68%) at 44,452.96 on Monday, Nov. 2.