U.S. natural gas futures rose more than 3.00% on the day and are now at $2.447 per million British thermals.

European Central Bank Governing Council Holzmann: The European Central Bank cannot do more in its asset purchase program to accelerate the process of quantitative tightening.

Goldman Sachs: In view of the slight tightening of the supply-demand balance in 2023, the International Energy Agency (IEA) reported "neutral to slightly bullish" oil prices and lowered its forecast for OECD business inventories.

U.S. manufacturing capacity utilization was 78.3% in April, up from 78.1% in the previous month.

The U.S. capacity utilization rate in April was 79.7%, expected to be 79.70%, and the previous value was 79.80%.

Market news: The former First Republic Bank CEO will testify before the U.S. House of Representatives hearing on Wednesday.

European Central Bank Governing Council Holzmann: It may not be possible to raise interest rates by more than 25 basis points at present.

European Central Bank Governing Council Holzmann: In order to reach the (interest rate) peak, it is appropriate to take more substantial interest rate hikes.

European Central Bank Governing Council Holzmann: There should be no pause in rate hikes until (inflation rate) reaches 4%.

ECB Governing Council Holzmann: I would have liked to have raised interest rates by 50 basis points at the May meeting.

Google has announced new license management platform requirements for advertising in the European Economic Area (EEA) and the United Kingdom.

In the United States to May 13, the annual rate of commercial retail sales in the red book was 1.6%, the previous value was 1.3%.

[U.S. retail sales up, pointing to steady consumer spending] U.S. retail sales rose last month, reflecting strength in several categories and underscoring the stabilization of consumer spending. Data on Tuesday showed retail sales fell 0.4% in February after a revised 0.6% decline in March. Excluding autos and gasoline, sales rose 0.6%. While the headline figure was below the median estimate in a survey of economists, excluding autos and gasoline, the increase topped expectations. Seven of 13 retail categories posted gains last month. Auto sales rose 0.4%, while receipts at gas stations fell 0.8%.

[A fire in a natural gas pipeline in Russia has injured 5 people] TASS news agency quoted local emergency department sources on the 16th as reporting that a non-operating pipeline of the "Yamal-Europe" natural gas pipeline caught fire and injured 5 people. The cause and specific circumstances of the accident are still under investigation. The pipeline is located in the Khanty-Mansiysk Autonomous Region of Russia and belongs to Yugorsk Gas Transport Company of Gazprom.

Short-term government bond yields in the euro zone edged up after the U.S. retail sales data, while German two-year yields rose 0.9 basis points to 2.651%.

U.S. Treasury yields rose after the U.S. retail sales data.

U.S. Energy Security Envoy Hochstein: We are still paying attention to the energy needs of the United States.