CFTC data: For the week to July 7, speculators reduced WTI crude net-long positions by 19,507 contracts to 65,681 contracts.

The Ministry of Water Resources’ Haihe Water Resources Commission said heavy to torrential rain, locally extremely heavy, is expected in the Luanhe and Beisanhe basins on July 11–12, and rivers within the rainfall area will see significant rises. Under relevant emergency-response plans, Haihe flood control headquarters launched a Level III flood emergency response from 19:00 on July 11 and the Haihe Commission activated a Level III flood-defense response. At 18:00 on July 11 inflow to Panjiakou reservoir on the Luanhe system was 2,240 cubic meters per second; this meets the numbering criteria and is designated Luanhe 2026 No.1 flood under the Ministry of Water Resources’ national major rivers flood numbering list.

Ukrainian authorities said Russia launched a missile strike on Kyiv.