Bank Indonesia governor said spillovers from international uncertainty should be mitigated by strengthening the balance of payments.

EIA: US crude inventories for week to July 17 rose 2.01 mln bbl; consensus expected a 1.052 mln bbl draw; prior week was a 1.692 mln bbl draw.

On July 21 local time, US President Trump met Lebanon’s President Michel Aoun. Trump said relations were cordial and they had previously communicated via intermediaries, and that the US will provide assistance after what he described as Lebanon’s long-standing unfair treatment. He said they would discuss the Lebanese army taking over villages vacated by Hezbollah, that the US has very specific plans and expects other parties to contribute assistance, and that he would engage with Hezbollah if Aoun requests.