Spot gold and WTI crude oil opened steadily on Wednesday, now trading at US$2,280.11/ounce and US$84.87/barrel.

BMW: U.S. pure electric vehicle sales increased 63% year-on-year in the first quarter.

Australian Prime Minister Albanese: Talked with Israeli Prime Minister Netanyahu. Anger and concern were expressed over the air strikes in Gaza, for which the Israeli government has admitted responsibility.

The number of new jobs created in New Zealand increased by 0.3% month-on-month in February.

US Navy: Latest ICBM (intercontinental ballistic missile)-equipped Columbia-class submarines face new delivery delays of up to 16 months.

Chilean Central Bank: Interest rate decision passed unanimously. Key interest rates will continue to fall.

The Central Bank of Chile lowered its main interest rate by 75 basis points to 6.5%, in line with market expectations.

Brazilian Finance Minister Haddad: The transition of the Brazilian Central Bank will go smoothly.

API finished oil imports in the United States for the week ending March 29 were -233,000 barrels per day, compared with 97,000 barrels per day in the previous week.

API crude oil production in the United States in the week to March 29 was -12,000 barrels per day, compared with the previous value of -193,000 barrels per day.

U.S. API crude oil imports in the week to March 29 were -233,000 barrels, compared with the previous value of 829,000 barrels.

Brent crude oil hit $89 per barrel, up 1.68% on the day.

API heating oil inventories in the United States for the week ending March 29 were -405,000 barrels, compared with -34,000 barrels in the previous week.

U.S. API refined oil inventories for the week to March 29 were -2.548 million barrels, expected to be -400,000 barrels, and the previous value was 531,000 barrels.

U.S. API gasoline inventories for the week to March 29 were -1.461 million barrels, compared with expectations of -2 million barrels and the previous value of -4.437 million barrels.

U.S. API Cushing crude oil inventories for the week to March 29 were -751,000 barrels, compared with the previous value of 2.392 million barrels.

Industry data company Wards Intelligence: The seasonally adjusted annualized sales (SAAR) of light vehicles in the United States in March was 15.49 million units, and the total sales of light vehicles in March was 1.4 million units.