API heating oil inventories in the United States for the week to October 27 were 447,000 barrels, compared with the previous value of -521,000 barrels.

In the week to October 27, API crude oil production in the United States was 106,000 barrels per day, compared with the previous value of -373,000 barrels per day.

U.S. API Cushing crude oil inventories for the week to October 27 were 375,000 barrels, compared with the previous value of 513,000 barrels.

U.S. API refined oil inventories for the week to October 27 were -2.484 million barrels, expected to be -1.8 million barrels, and the previous value was -2.313 million barrels.

API gasoline inventories in the United States for the week to October 27 were -357,000 barrels, compared with expectations of -505,000 barrels, and the previous value of -4.169 million barrels.

According to the Wall Street Journal: WeWork (WE.N) plans to file for bankruptcy as early as next week.

AMD (AMD.O): Weak market demand may be difficult to improve in the fourth quarter.

The Permanent Representative of Palestine to the League of Arab States said that at least 1.4 million Palestinians have moved from northern Gaza to the south.

AMD (AMD.O) expects Instinct MI300A and MI300X GPUs to continue shipping in the fourth quarter.

AMD (AMD.O) expects fourth-quarter revenue of $5.8-6.4 billion, compared with previous market forecasts of $6.4 billion.

Reserve Bank of New Zealand: Banking industry is ready to deal with deterioration in asset quality.

Reserve Bank of New Zealand: Household interest costs will hit 18% of disposable income.

Reserve Bank of New Zealand: Will consult on debt-to-income (DTI) policy in early 2024.

RBNZ: The banking system is ready to face external shocks.

Reserve Bank of New Zealand: New Zealand’s financial sector is strong and well prepared to meet challenges.

RBNZ: The full impact of global interest rate hikes remains to be seen.

RBNZ: The financial system is still adjusting to higher interest rates.