22:56:48
June 18th, US President Trump criticized Federal Reserve Chairman Powell again on Wednesday, just hours before the Fed announced its interest rate decision. Trump said that the United States has collected $88 billion from tariffs and there is "no inflation", and called for lower interest rates again. He said: "If the Fed cuts interest rates, we will buy U.S. bonds at a lower price. However, frankly speaking, we have a stupid person in the Federal Reserve, and he may not cut interest rates today. He did a terrible job. We should cut interest rates by 200 basis points. I intend to take a short-term strategy to lower interest rates significantly, and then switch to a long-term strategy."
22:48:15
Mexican President Sheinbaum: European Commission President von der Leyen is expected to visit Mexico in October.
22:37:27
According to Iran Petroleum News Network (SNN): Iran issued an evacuation warning to Haifa residents.
22:35:10
1. The U.S. EIA Strategic Petroleum Reserve inventory for the week ending June 13 was the highest since the week ending October 14, 2022. 2. The U.S. crude oil exports for the week ending June 13 were the highest since the week ending April 11, 2025. 3. The U.S. EIA crude oil inventory decline for the week ending June 13 was the largest since the week ending June 28, 2024. 4. The U.S. commercial crude oil inventory excluding strategic reserves for the week ending June 13 was the lowest since the week ending January 24, 2025.
22:32:49
US President Trump reiterated that it is impossible for Iran to possess nuclear weapons.
22:30:05
The EIA refined crude oil production in the United States for the week ending June 13 was 77,000 barrels per day, compared with -97,000 barrels per day in the previous week.
22:30:04
The EIA heating oil inventory in the United States for the week ending June 13 was 152,000 barrels, compared with 487,000 barrels in the previous week.
22:28:55
US President Trump: Taxes will increase if senators cannot reach an agreement on the bill.
22:27:45
The main contract of SC crude oil narrowed its increase to 1.60% to 554.5 yuan per barrel, after rising by more than 4% earlier.
22:26:58
Mexican President Sheinbaum: US President Trump apologizes for not attending the G7 meeting.
22:20:00
The U.S. EIA crude oil inventory, Cushing crude oil inventory, and strategic petroleum reserve inventory for the week ending June 13 will be announced in ten minutes.
22:12:55
According to Iranian media reports, Israel attacked the headquarters of the Iranian Red Crescent Society.
22:08:48
U.S. President Trump: (Regarding the Trump Card) I think Apple will buy a lot.
22:08:11
Both U.S. crude oil and Brent crude oil fell nearly $1.5 in the short term and are now trading at $74.42 per barrel and $74.90 per barrel respectively.
22:05:46
U.S. President Trump: (On Iran talks) There is a huge difference now compared to a week ago.
22:04:59
US President Trump: Iran has contacted us, but it is too late. Iran has no defense capabilities at all.
22:03:55
US President Trump: Iran has contacted us.
22:03:00
US President Trump: Iran faces many difficulties and wants to negotiate. They should have negotiated.
21:57:01
US President Trump: If the Federal Reserve lowers interest rates, we will be able to buy debt at a lower price.
21:56:41
US President Trump: Federal Reserve Chairman Powell may not cut interest rates today.
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