EU countries agree that oil reserve releases should be included in the International Energy Agency's March action framework
智通财经2026/10/07 19:01A spokesperson for the European Commission stated that EU countries have agreed any release of oil reserves should be conducted within the framework of the International Energy Agency’s March reserve release actions.
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On October 8, XPeng Group officially launched the Chinese name "小鹏悠游" for its Robotaxi business, with the English name "XPENGYOYO". On the same day, the official XPeng Group website went live with a Robotaxi product page, and the online ordering mini-program "XPENGYOYO Autonomous Driving" was launched simultaneously. The company will further expand the scope of its internal testing users by distributing invitation codes. This marks XPeng Robotaxi’s official transition from technology verification to a new phase of user access and business exploration.
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Nomura expects the Reserve Bank of India to raise interest rates by another 25 basis points in December.
Nomura analysts stated in a report that the Reserve Bank of India unexpectedly shifted its policy stance from "neutral" to "orderly tightening" in order to stabilize inflation expectations and build a buffer against a globally adverse environment. The investment bank expects the Reserve Bank of India to raise rates by another 25 basis points in December and then pause, which contrasts with the market's expectation of a longer rate hike cycle. The Reserve Bank of India has raised its GDP growth and inflation forecasts for the 2026/27 fiscal year to 7.1% and 5.2%, respectively, and has also raised its inflation forecast for the coming year to 5.6%.
US crude oil: Range-bound fluctuations, buy on dips and sell on rallies.
Analysis: U.S. crude oil inventories unexpectedly decreased by 3.186 million barrels, far exceeding market expectations. Combined with rising Middle East shipping risks, this provides support for WTI. However, the International Energy Agency accelerated the release of strategic reserves, and supply recovery expectations still limit price increases. Technically, prices remain in a low-level consolidation; watch for a breakthrough at the $90 level. Key focus: geopolitical situation, inventory data, U.S. dollar index, global crude oil supply, and OPEC+ policies. Resistance: 90.00, 91.50, 92.00 Support: 89.00, 88.00, 86.00
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