BlockSec: Inverse Finance suspected to have been attacked, with losses of approximately $240,000

The main Nymex US crude oil futures contract has just surpassed the $90.00 per barrel mark, now quoted at $90.01 per barrel, up 0.64% on the day.

(1) The G7 agreed last week to release 100 million barrels of reserves, and the IEA Council is expected to discuss details of the reserve release on October 14-15. (2) The EU's Oil Coordination Group will meet on Wednesday to determine the EU's position. According to sources, Western energy watchdog agencies will meet next week to finalize details regarding the release of diesel reserves. The market is becoming increasingly confused, as it remains unclear how much inventory Europe and the US plan to release to alleviate supply shortages and record-high prices. (3) A source said that G7 member Italy will participate in this reserve release. A spokesperson for the European Commission stated on Tuesday that the EU Oil Coordination Group will meet on Wednesday. The White House did not immediately respond to a request for clarification on the details of this reserve release.

Sources report that BHP (BHP.US) is evaluating multiple options for divesting its Western Australia nickel assets, including an asset spin-off sale. The related operations remain temporarily suspended, and the company expects to complete this strategic review by February 2027.