UAE National News Agency: UAE oil production will reach 2.912 million barrels per day in the first quarter of next year.

ECB Governing Council member Nagel: It’s too early to discuss interest rate cuts.

UAE National News Agency: The UAE will voluntarily cut oil production by 163,000 barrels per day in the first quarter of next year.

Fitch: The U.S. unemployment rate is expected to rise slightly next year, which may lead to a corresponding increase in borrower default rates.

Fitch has revised its industry outlook for U.S. mortgage insurance companies to "neutral" in 2024.

U.S. Energy Information Administration (EIA): In September, Texas oil production fell by 0.1% to 5.573 million barrels/day, the Gulf of Mexico increased by 5.7% to 2 million barrels/day, New Mexico increased by 1.1% to 1.818 million barrels/day, and the North Dakota production increased 6.5% to 1.304 million barrels per day.

Analyst comments on OPEC+ meeting: Still want to see some hard data to tell us what production levels they are actually targeting. It is meaningless to say "we will reduce production by X barrels per day" without a starting point or a new goal. So far, only Saudi Arabia and Russia have given such figures.

Google (GOOG.O) announced that the open source GenAi database retrieval application is now available on GitHub.

OpenAI: ChatGPT is one year old.

Russian Deputy Prime Minister Novak: Crude oil exports will be reduced by 300,000 barrels per day in the first quarter of next year, and fuel exports will be reduced by 200,000 barrels per day.

The U.S. Energy Information Administration (EIA): U.S. crude oil production increased by 1.7% in September to 13.24 million barrels per day, setting a monthly record.

The U.S. Energy Information Administration (EIA): U.S. natural gas production fell by 0.1 percentage point in September from August to 116.3 billion cubic feet per day, an increase of 3.0% compared with the same period last year.

Russian Deputy Prime Minister Novak: The baseline for calculating the oil production reduction amount in the first quarter of 2024 is the average (production) from May to June 2023.