Market News: The European Commission unlocks an additional 1.4 billion euros for pre-financing of the EU’s regeneration programme.

UAE Energy Minister: As long as there is demand, we have the ability to produce because we are the lowest-cost producer.

UAE Energy Minister: The UAE will more than double its natural gas export capacity to smooth the transition from coal to natural gas.

UAE Energy Minister: The new quota structure announced at the June meeting is to ensure that the UAE and other countries can share production fairly.

UAE Minister of Energy: The UAE plans to reach an oil production capacity of 5 million barrels per day by 2027.

Kremlin: We predict that conflict fatigue will continue to grow in both Europe and the United States.

Kremlin (on US interim spending bill not including aid to Ukraine): The US will remain involved in this conflict.

Kremlin: Of course, we want to see smarter, calmer politicians in Europe.

Kremlin: Almost all European politicians who have their country’s interests in mind are called pro-Russians.

Kremlin: Relations between Gazprom and Moldova need to be resolved.

Kremlin: Ties between Gazprom and Moldova remain, not least because of debt owed by Moldova.

UAE Energy Minister: What worries me is not a market that is undersupplied in the short term, but a market that is undersupplied in the long term.

UAE Minister of Energy: OPEC+ is doing its best to maintain a healthy balance between supply and demand.

EU antitrust regulator: There is currently no formal investigation into chips used for artificial intelligence.

Secretary of India’s Ministry of Petroleum and Natural Gas: OPEC has the right to cut production, but this has led to high oil prices, which have destroyed demand.

Secretary of the Ministry of Petroleum and Natural Gas: India is not satisfied with the current oil prices.

Nvidia (NVDA.O) rose 1.5% before the market opened, and Goldman Sachs upgraded its rating from "buy" to "strong buy".