On Thursday, October 13, the U.S. stock markets closed in red, affected by rising bond yields following a U.S. Treasury auction and data indicating a higher-than-expected increase in September consumer price. The benchmark yield surged to 4.728%, reversing the declines observed over the last two days. U.S. inflation for September was 3.7%, slightly above the expected 3.6%. Initial jobless claims for the week ended October 7 remained at 209,000, just below the anticipated 210,000. The Dow Jones I
Saudi Arabia's crude production will be held at about 9 million b/d in October, November and December, going beyond the cuts required of the country under OPEC deals.