Market news: Italian oil company Eni Group signed an agreement to sell its Nigerian subsidiary NAOC to Oando Energy.

Swedish Prime Minister: The budget will be used to fight inflation and support families.

German Engineering Federation (VDMA): German engineering orders fell 12% year-on-year between May and July (domestic orders fell 6%, foreign orders fell 15%); July fell 11% year-on-year (domestic orders fell 8% %, foreign orders fell 13%).

Relevant associations said that between January and August, car sales increased by 64.7% year-on-year.

Auto sales in Turkey fell 78.9 percent year-on-year in August, the association said.

London Metal Exchange (LME): Aluminum inventories decreased by 2,000 tons, copper inventories increased by 3,150 tons, nickel inventories were flat, lead inventories increased by 500 tons, tin inventories increased by 20 tons, and zinc inventories were flat.

Market News: Singapore has issued a request for proposals to assess geothermal resource potential.

Ukraine said a Russian drone crashed and exploded on Romanian territory.

German Federal Financial Supervisory Authority: The website suffered a DDoS attack.

Oil trader Gunvor Group (Gunvor) analyst: It is expected that the increase in Iranian supply and exports will be beneficial to the balance of the global market.

Gary Ross, founder of Black Gold Investors: Saudi Arabia may gradually reduce supply cuts when oil prices reach $90-100 a barrel.

Gary Ross, founder of Black Gold Investors: supply growth in non-OPEC countries will slow next year, as will growth in the United States, while growth in Guyana will continue.

Analysts at oil trader Gunvor Group: About 50% of Russian oil still uses EU shipping services.

Market news: Italy is preparing to increase the budget deficit to above 4.5% of GDP in 2023, due to the growing impact of tax breaks on housing improvements.

According to The Block: Mayur Kamat, Binance’s head of global products, has left Binance.

USD/JPY rose 18 points in the short term and is now at 146.33.

Gazprom: Continuing to deliver gas to Europe via Ukraine, with 41.7 million cubic meters delivered on Monday.

Ukraine Defense Minister: Has submitted his resignation.

Distributors: India’s soybean oil imports in August increased by 3.7% month-on-month to 355,000 metric tons; sunflower oil imports in August increased by 11.5% month-on-month to 365,000 metric tons, the highest level in seven months.

Philippine President Marcos: The rice price ceiling will not last long.