Energy:

1. The fourth Qatari liquefied natural gas ship has unloaded in Kuwait since the Iran war began.

2. Iranian officials: If attacked again, Iran may choose to increase uranium enrichment levels to 90%.

3. CEO of Abu Dhabi National Oil Company: Closure of the Strait of Hormuz has led to a global shortage of 1 billion barrels of crude oil.

4. Russia has lowered its oil production and export forecasts for the coming years; the forecast for Russian oil production in 2026 has been reduced by 14.2 million tons to 511 million tons, and the export forecast has been lowered by 4.5 million tons to 237.2 million tons.

5. Lobbying groups are calling for the EU's oil storage targets to remain flexible.

6. EIA: It is expected that the average price of Brent crude oil in May-June will be around $106 per barrel.

7. EIA Short-Term Energy Outlook report: Global oil demand is expected to be 104.2 million barrels per day in 2026, down from a previous forecast of 104.6 million barrels per day; demand in 2027 is expected to be 105.6 million barrels per day, down from a previous forecast of 106.2 million barrels per day.

8. Japanese refinery operating rates have risen to over 70% due to alternative supplies and inventory releases.

9. Customs data shows that after the outbreak of the Iran war, Vietnam significantly increased its imports of refined oil. From March to April this year, Hanoi's refined oil imports grew nearly 17% year-on-year, with a 144% increase in dollar terms.

10. The Energy Economics and Financial Analysis Institute report states that by 2028, European countries will import 80% of their liquefied natural gas from the United States, which will pose a risk of over-reliance on a single fuel supplier.

11. As of the week ending May 8, U.S. API crude oil inventory decreased by 2.188 million barrels, expected at -1.654 million barrels, previous value at -8.141 million barrels.

Precious Metals and Mining:

1. The Indian banking sector is no longer waiting for exemptions and has actively paid tariffs to resume gold and silver imports; 9 tons of gold and 34 tons of silver were cleared in May.

2. India and Russia are engaged in in-depth negotiations on a cooperation agreement for critical minerals, covering exploration, processing, and technological cooperation.

3. Chilean Copper Commission: Production at the Escondida copper mine, a major Chilean mining company, fell by 15.75% year-on-year in March to 101,600 tons.

4. The Indian government announced on Wednesday that the effective import tax rate on gold and silver has been raised from 6% to 15%.

Iran Situation:

1. The Iranian Vice President denies oil leaks from the Khark Island oil facility.

2. Kuwait accuses Iran of "armed infiltration" on Bubiyan Island, while Iran claims the patrol boat had "navigation issues."

3. Iran: The precondition for negotiations with the U.S. is to end hostilities and lift the blockade of the Strait of Hormuz.

4. EIA Short-Term Energy Outlook report: It is expected that in April, a total of 10.5 million barrels per day of crude oil production from Iraq, Saudi Arabia, Kuwait, the UAE, Qatar, and Bahrain will be suspended.

5. Iraq, Pakistan, and Iran have reached an energy transportation agreement, demonstrating Iran's control.

Others:

1. According to sources, Qatar has requested that vessels docking at its main liquefied natural gas export terminal disable tracking systems

2. U.S. Department of Agriculture: The 2026/27 U.S. soybean outlook shows that supply, crush, and export volumes are all higher than the previous marketing year, while ending stocks have decreased.

3. Geothermal energy developer Fervo Energy stated that the company has raised $1.89 billion through a scaled-up U.S. IPO, highlighting strong investor demand for this listing