News

Futures on the three major U.S. stock indexes opened higher on Wednesday, with Nasdaq futures rising 0.4%; spot gold and silver also rose, with gold rising 0.1% and silver rising 0.5%.

U.S. Treasury Secretary Bessent: Within days, crude oil storage space on Khark Island will be exhausted.

U.S. White House official: Vice President Vance’s trip to Pakistan will not take place on Tuesday.

Canada's chief U.S. trade negotiator: It is not expected that all issues with the United States-Mexico-Canada Agreement (USMCA) will be resolved before July 1.

Prime Minister of Pakistan: Thank you to US President Trump for accepting our request to extend the ceasefire.

According to Iran's Tasnim News Agency: If the United States wants to maintain the dark cloud of war, it should regard the Strait of Hormuz as actually completely closed.

Canada's chief U.S. trade negotiator: Canada is working very hard to update the U.S.-Mexico-Canada Agreement.

U.S. API refined oil imports in the week to April 17 were -0.6 million barrels per day, compared with the previous value of 70,000 barrels per day.

The United States imported API crude oil for the week to April 17 -243,000 barrels, compared with the previous value of -336,000 barrels.

FAA: Boeing 737 MAX 7 and 10 models expected to be certified in 2026.

Canadian International Trade Minister: Next week, the trade negotiation team responsible for reaching an agreement with the Southern Common Market (MERCOSUR) will travel to Brasilia.

API heating oil inventories in the United States for the week to April 17 were -530,000 barrels, compared with the previous value of -228,000 barrels.

API crude oil production in the United States in the week to April 17 was -240,000 barrels per day, compared with the previous value of -145,000 barrels per day.

U.S. API Cushing crude oil inventories for the week to April 17 were 678,000 barrels, compared with the previous value of -1.684 million barrels.

U.S. API refined oil inventories for the week to April 17 were -4.59 million barrels, expected to be -2.5 million barrels, and the previous value was -3.363 million barrels.

U.S. API gasoline inventories for the week to April 17 were -5.165 million barrels, compared with expectations of -1.333 million barrels, and the previous value of 626,000 barrels.

API crude oil inventories in the United States for the week to April 17 were -4.47 million barrels, expected to be -1.8 million barrels, and the previous value was 6.101 million barrels.

Meta Platforms (META.O): Launched a US$1 billion data center construction project in Tulsa, USA. The Tulsa data center project includes more than $25 million in local infrastructure improvements; the data center is expected to support more than 1,000 construction jobs at peak and create approximately 100 operational jobs upon completion.

S&P 500 futures recovered some of their losses and were down 0.3% after U.S. President Trump said he would extend the ceasefire agreement between the United States and Iran.

The API crude oil inventory data for the week ending April 17 will be released in ten minutes.