U.S. EIA reformulated gasoline inventories fell 3,000 bbl in the week to Oct. 23, versus a 2,000-barrel decline in the prior week.

Bank of Canada Governor Macklem said investment forecasts may be conservative.

Reserve Bank of Australia Governor Bullock said on Wednesday the RBA will use next week’s policy meeting to assess whether four rate increases this year are sufficient to return inflation to target within a reasonable time. He warned a fresh, sharp rise in oil and related product prices will materially lift inflation and said the key question is whether tightening to date will be enough to achieve that return in a reasonable timeframe.