The General Staff of the Ukrainian Armed Forces: In the past day, the Russian army lost about 1,150 soldiers, as well as 3 tanks, 9 armored vehicles, 26 artillery systems and other equipment.

An executive at commodity trading company Trafigura: Oil prices may fall to $60 a barrel in the near future.

According to the Financial Times: Bangladesh has defaulted on payments of $492 million to India’s Adani Group, an aide said.

Market news: A bridge collapsed in Phu Tho Province in northeastern Vietnam. There are no reports of casualties yet.

An executive at commodity trading company Trafigura said that a shadow fleet is still transporting large quantities of Russian oil, while Iranian oil continues to flow into the market.

An executive of commodity trading company Trafigura said: It is well known that Trump does not like Iran. If Trump is elected as the US president, the oil market may become more turbulent.

An executive at commodity trading company Trafigura: The oil market is more concerned about the foreign policy of the next US president.

Goldman Sachs: Financial demand losses have reached 7 million barrels per day in the past two months, and current positions are at historical lows.

S&P 500 futures rose 0.3% and Nasdaq 100 futures rose 0.4%.

An executive at commodity trading company Trafigura: Sentiment in the oil market is currently weak.

An executive at commodity trading company Trafigura: OPEC is currently sending confusing messages to the market.

An executive at investment firm Carlyle said: High prices can accelerate energy transition faster.

Chairman of commodity trader Gunvor Group: OPEC is in a dilemma because it does not want an oil price war, but is also unwilling to give up market share.

Indonesia plans to launch the B40 biodiesel policy on January 1, 2025.

Chairman of commodity trader Gunvor Group: Oil prices are at reasonable value at $70 per barrel.

Chairman of commodity trader Gunvor Group: OPEC wants to use its spare capacity.

Market news: Russia said it has taken control of Novohrodivka, an important transportation hub in eastern Ukraine, which is a key point for the Ukrainian army.

The chairman of commodity trader Gunvor Group: The balance of oil supply and demand will deteriorate in the coming years. The problem is that OPEC cannot control the supply growth of non-OPEC countries.

Chairman of commodity trader Gunvor Group: Pressure on oil prices is clearly accumulating and the demand outlook is very uncertain.

Indonesian Minister of Mines: Coal production in the first half of the year was 383.3 million tons and exports were 264.75 million tons.