Market news: IBM (IBM.N) will cut jobs in its marketing and communications departments.

The United States approves a separate sale of missiles worth $1.7 billion to Poland.

Argentine Economy Minister Luis Caputo: Monthly inflation is expected to be below 10% by the middle of this year, and Argentina’s goal is to achieve “currency competition.”

Hang Seng Index futures closed down 0.34% in night trading at 17,067 points, a 27-point discount.

[Close of main contracts in night trading] As of the close at 3:00, Lun Copper closed down 0.06% at US$8,649/ton, Lun Aluminum closed up 0.49% at US$2,263/ton, and Lun Zinc closed down 0.62% at US$2,550/ton. tons, Lun lead closed up 1.20% at US$2,146/ton, and Lun nickel closed up 1.34% at US$18,520/ton.

Citi/Yougov survey: UK inflation expectations for the next year dropped to 3.6% in February, and UK inflation expectations for the next 5-10 years dropped to 3.5% in February.

U.S. Senate Minority Leader Mitch McConnell called on U.S. House Speaker Johnson to allow a vote on Ukraine aid.

The U.S. government budget in February was -$296 billion, compared with the expected -$299 billion, and the previous value was -$22 billion.

The local governor said that the Ukrainian city of Kriveluch was attacked by Russia, killing two people and injuring 30 people.

EIA Short-term Energy Outlook Report: U.S. crude oil demand growth is expected to be 200,000 barrels per day in 2024, compared with 160,000 barrels per day previously. U.S. crude oil demand growth is expected to be 200,000 barrels per day in 2025, compared with 110,000 barrels per day previously.

EIA Short-Term Energy Outlook report: Gasoline prices are expected to be $3.48/gallon in 2024, compared with the previous forecast of $3.31/gallon. Gasoline prices are expected to be $3.45/gallon in 2024, compared with the previous forecast of $3.31/gallon.

EIA Short-Term Energy Outlook Report: U.S. natural gas consumption is expected to be 89.68 billion cubic feet per day in 2024, compared with the previous forecast of 90.64 billion cubic feet per day. U.S. natural gas consumption is expected to be 89.21 billion cubic feet per day in 2025, compared with the previous forecast of 89.55 billion cubic feet per day.

EIA Short-Term Energy Outlook Report: U.S. natural gas (dry gas) production is expected to be 103.35 billion cubic feet per day in 2024, compared with the previous expectation of 104.37 billion cubic feet per day. U.S. natural gas (dry gas) production is expected to be 104.43 billion cubic feet per day in 2025, compared with the previous forecast of 106.46 billion cubic feet per day.

EIA Short-Term Energy Outlook: Natural gas prices are expected to be $2.27/thousand cubic feet in 2024, compared with the previous forecast of $2.65/thousand cubic feet. Natural gas prices are expected to be $2.94/thousand cubic feet in 2025, compared with the previous forecast of $2.94/thousand cubic feet.

EIA Short-Term Energy Outlook Report: U.S. crude oil production is expected to increase by 90,000 barrels per day in 2024, compared with the previous expectation of an increase of 170,000 barrels per day. U.S. crude oil production is expected to increase by 160,000 barrels per day in 2025, compared with an increase of 390,000 barrels per day previously.

EIA Short-Term Energy Outlook Report: U.S. crude oil production is expected to be 13.19 million barrels per day in 2024, compared with the previous forecast of 13.1 million barrels per day. U.S. crude oil production is expected to be 13.65 million barrels per day in 2025, compared with the previous forecast of 13.49 million barrels per day.

EIA Short-term Energy Outlook Report: WTI crude oil price is expected to be US$80.30/barrel in 2025, compared with the previous expectation of US$74.98/barrel; Brent price is expected to be US$84/barrel in 2025, compared with the previous expectation of US$79.48/barrel.

The EIA natural gas production in the United States in March is expected to be 103.35 billion cubic feet per day, compared with the previous value of 104.4 billion cubic feet per day.

The March EIA natural gas production forecast for the next year in the United States is 104.43 billion cubic feet per day, compared with the previous value of 106.5 billion cubic feet per day.