The U.S. Energy Information Administration Projects That Crude Oil Inventories Will Rise In 2027 Due To Increased Net Imports And Domestic Oil Production Reaching A Record 14.3 Million Barrels Per Day

The U.S. Energy Information Administration Projects Global Oil Demand At 102.4 Million Barrels Per Day In 2026, Unchanged From Its Previous Forecast; And Projects Demand At 104.4 Million Barrels Per Day In 2027, Up From Its Previous Forecast Of 104.6 Million Barrels Per Day

The U.S. Energy Information Administration Projects Global Oil Production At 101.7 Million Barrels Per Day In 2026, Up From Its Previous Forecast Of 101.1 Million Barrels Per Day; And Projects Production At 108.4 Million Barrels Per Day In 2027, Up From Its Previous Forecast Of 109.6 Million Barrels Per Day

Following The Release Of The U.S. Department Of Agriculture's Global Agricultural Supply And Demand Forecast Report, ICE Cotton Futures Remained Largely Unchanged, Last Quoted At 78.8 Cents Per Pound

The U.S. Energy Information Administration (EIA) Projects That U.S. Oil Production Will Average 14.03 Million Barrels Per Day In November, Compared With 13.81 Million Barrels Per Day In October; And That Average Production Will Average 14.14 Million Barrels Per Day In December

The Yield On The 2-year U.S. Treasury Note Rose 20 Basis Points To 4.77% On The Day

Spot Platinum Fell 3% To $1,529.31 An Ounce

Spot Gold Fell Below $4,020 Per Ounce, Down 2.92% On The Day

New York Gold Futures Fell Below $4,030 Per Ounce, Down 2.06% On The Day

Most Major European Stock Indices Closed Higher, With The UK FTSE 100 Down 0.09%, The French CAC 40 Up 0.89%, The German DAX 30 Up 0.47%, And The FTSE Italy MIB Up 0.76%