UK BRC total retail sales y/y (Sep) 1.3% vs 0.7% prior.

The European Council said an EU-UK summit will be held in Brussels on Nov 20.

Jinlianchuang: recent oil moves were mixed—IEA accelerated strategic releases, prioritizing diesel, easing supply worries and pressuring futures, while escalating Middle East tensions, tanker attacks in the Strait of Hormuz and a US hurricane supported prices. Jinlianchuang estimates the change rate as of Oct. 12 (seventh business day) at -4.46%; reference crude basket $97.21/bl; implied domestic gasoline/diesel down 230 yuan/ton. This is the 20th adjustment cycle of 2026; the price-reset window closes at 24:00 on Oct. 15—final retail direction and size will depend on CHINA STATE PLANNER’s publication and the change rate could still move. Market outlook: intraday international crude fell as investors await US–Iran diplomatic developments; geopolitics keep prices range-bound with high headline volatility. Domestic supply: independent refiners’ run rates are expected to continue falling this week, major refiners’ runs may tick up slightly; net effect likely limited swings in refined-fuel output.