Goldman estimates Gulf oil exports, including covert shipments, doubled in September and have returned to the 2025 average. Saudi Arabia led the rebound, with exports rising above the 2025 average; Iran recorded no seaborne crude exports in September. Analyst Eamonn Sheridan said the data reinforces a supply-restoration theme that pushed oil prices lower yesterday. Goldman’s August report warned rising covert ship movements could cap crude upside even if Middle East disruptions persist; the late

Guangzhou regulators require developers collecting deposits for sales of completed units to hold a residential building construction permit and sign a deposit contract with buyers; deposits may not exceed 5% of the total housing price. Deposit contracts must specify deposit amount, unit price, delivery timing and liabilities for failure to perform. All deposits must be placed in supervised escrow accounts managed by the Guangzhou Housing Transaction Supervision Center and may not be used during supervision. Escrow supervision and accounts will be closed only after project completion acceptance filing, utilities (water, power, gas) are ready for handover and on-site residential public-service facilities within the land parcel pass their acceptance.

Head of upstream at Qatar UCC Oil & Gas said the company is in talks to potentially enter Venezuela's oil and gas sector.