Financial Blog Zero Hedge: The last time the oil price crash was this severe, gilts collapsed on the mini-budget fiasco, sterling fell to 37-year lows, multiple UK financial institutions were on the brink of collapse, and the Bank of England restarted quantitative easing.

U.S. Senators Murray and Collins said the Senate was dealing with Ukraine aid in a bipartisan manner.

The settlement price of Brent crude oil futures was US$85.81 per barrel, a decrease of US$5.11 or 5.62%.

[Institutional Analysis: The demand outlook is not optimistic, and oil prices are under pressure and plummeting] As economic headwinds are brewing, the demand growth prospects are under pressure, and international oil prices are under pressure and plummeting. Callum Macpherson, head of commodities at Investec, said in an Oct. 4 report: “Market attention has shifted from short-term jitters to the impact of interest rates remaining higher for longer, and the consequent subdued macro environment. , and how OPEC+ plans to respond when it meets on November 26." In addition, the U.S. 30-year Treasury bond yield once exceeded 5%, rising to the highest level since 2007. Analysts said rising bond yields reflected expectations of rising interest rates, which could signal slower economic growth and curb oil demand.

German Chancellor Scholz expressed his opposition to the use of military force in a telephone conversation with Azerbaijani President Aliyev.

U.S. Senate Minority Leader McConnell: I hope the House of Representatives will have a new speaker next week.

"Bond King" Gross: "Frightened" bond exchange-traded fund (ETF) investors add to pressure.

"Bond King" Gross: The bond market is "a little oversold."

A spokesman for CFM, a joint venture between General Electric and Safran, said that 126 aircraft engines contained parts suspected to come from British distributor AOG Technis. 95 false records have been identified for aircraft engine parts.

"Bond King" Gross: The 10-year yield is not bad but not an excellent value.

U.S. Senate Minority Leader McConnell: The next speaker needs to give up the removal motion.

Unifor: Negotiations between the United Auto Workers union and General Motors Co (GM.N) are continuing.

The White House: The controversy over the speaker of the U.S. House of Representatives is an internal matter. It is hoped that members can quickly elect a speaker.

The United Auto Workers (UAW) expressed solidarity with Kaiser Permanente workers.

U.S. President Joe Biden said the U.S. may have another way to fund Ukraine, but declined to provide details.

US President Biden: Worried that internal fighting within the Republican Party may damage aid to Ukraine.

US President Biden: We can support Ukraine in next tranche.

Kuwait Petroleum Company Deputy General Manager: Kuwait is committed to complying with OPEC+ production guidelines and not producing beyond quotas.