White House: US President Joe Biden is expected to receive the debt ceiling bill by June 5.

White House: US President Joe Biden will make a statement on the debt ceiling on Wednesday night (local time).

U.S. natural gas futures were down 3% on the day and are now at $2.257/MMBtu.

White House: We believe the debt ceiling bill will pass.

The Italian government issued a statement lifting the ban on arms sales to Saudi Arabia.

US Senate Minority Leader Mitch McConnell: We expect the debt ceiling bill to pass.

According to the network condition monitoring website DownDetector: User reports indicate that Google has problems.

U.S. Treasury yields continued to fall after expectations for a pause in rate hikes in June gained support, with the 10-year yield now at 3.639%.

Pakistani Oil Minister: Pakistan will receive 100,000 tons of Russian crude oil within 10 days.

Fed Harker: Our model forecasts are not targeting a recession.

Fed Governor Jefferson: Inflation is still too high, and progress on some indicators is slowing.

The Fed took in a total of $2.255 trillion from 107 counterparties in fixed-rate reverse repurchase operations.

Apple (AAPL.O): App store sales rose 29% last year to $1.1 trillion.

Barclays: The oil market is forecast to be undersupplied in the second half of the year as supply growth from non-OPEC+ countries slows and OPEC+ countries limit output amid a seasonal demand boost.

Barclays: OPEC+ is likely to remain proactive to avoid persistent oversupply.

Barclays lowered its 2024 Brent crude oil forecast by $8/barrel to $89/barrel.

Barclays lowered its 2023 Brent crude price forecast by $5/barrel to $87/barrel.

Fed Collins: Price stability is fundamental to maximizing employment.

BlackRock CEO Fink: Inflation is still too strong, and the Fed is expected to further tighten monetary policy.