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White House strategists, on gasoline prices, says "if we don’t see the USD 3/gallon of gas, we’re gonna get killed” at the Midterms, Politico reports

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Kpler believes the "jet fuel market is structurally short, with around 700 kb/d of Middle Eastern and Chinese supply removed and refinery runs now declining, tightening balances further."

Chinese President Xi held a phone call with Saudi's MBS, in which Xi said China is willing to deepen its strategic trust with Saudi Arabia and strengthen cooperation on a practical basis, Xinhua reports

White House strategists, on gasoline prices, says "if we don’t see the USD 3/gallon of gas, we’re gonna get killed” at the Midterms, Politico reports

Riksbank's Thedeen says inflation is back on target and the Swedish national debt is low

A German Finance Ministry spokesperson reiterates that a hostile takeover of Commerzbank (CBK GY) by UniCredit (UCG IM) would be unacceptable

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  • The report says the administration is starting to prepare a longer-term strategy
  • Politico says that alarm bells are ringing for Republicans in battleground districts after comments from energy Secretary Wright which suggested prices could remain above USD 3.00/gallon until next year
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