Brazilian Central Bank Governor Neto said that the process of declining inflation is underway, but tight monetary policy needs to be implemented.

Chairman of Chilean National Copper Corporation: Copper production will not continue to decline and is expected to begin to recover in 2024.

Russian President Putin: Reforming oil taxation is also an option.

Russian President Vladimir Putin: The oil industry is vital to our economy.

Russian President Vladimir Putin: The oil industry economy is very important to us.

Russian President Vladimir Putin told Russian Deputy Prime Minister Novak that the response must be faster.

Russian President Vladimir Putin: We hope that the proposed measures will be effective and must work closely with oil-producing countries.

Russian President Vladimir Putin: Consumers and agricultural producers need results.

Russian President Vladimir Putin: As oil prices rise, companies seek to maximize profits by exporting fuel.

Russian President Vladimir Putin: Retail gasoline prices are still rising.

Russian Deputy Prime Minister Novak: We will make a decision on relevant measures in the near future.

U.S. energy company shares rose in premarket trading as oil prices rose $1 a barrel on the day.

Russian Deputy Prime Minister Novak: We propose to adjust fuel costs related to shock absorbers.

Russian Deputy Prime Minister Novak: The government proposes to take additional measures in the fuel market.

Russian Deputy Prime Minister Novak: We will also ensure that the price of fuel used by agricultural producers falls.

Russian Deputy Prime Minister Novak: The ban on fuel exports has suppressed domestic wholesale prices.

Russian Deputy Prime Minister Novak: Fuel supply has become a focus of agricultural producers.

U.S. stock futures retreated slightly following the release of August durable goods data.