Abu Dhabi National Oil Company (ADNOC) signed an agreement with Gulf Group to supply up to 2 mln tonnes of LNG to Thailand, with deliveries starting in 2027 under a multi-year contract.

Spain's Oil Products Strategic Reserve Company said August crude oil imports rose 11% YoY to 5.7 mln tonnes.

Wheat futures rose for a third session after Russia threatened to escalate operations in Ukraine, raising concern about further disruption to Black Sea grain shipments. Chicago most‑active wheat futures jumped as much as 1% on Monday before trimming gains; the contract is on its longest winning streak in a month. Russia said it will intensify strikes on Ukrainian infrastructure. Black Sea wheat supplies have been heavily constrained since July; further escalation could undermine Turkey’s efforts to protect shipments. CRM AgriCommodities said Turkey-led mediation could eventually restore flows but may take months; progress would remove the risk premium, while continued supply disruption would keep supporting prices.