Overview of Major Overnight Developments on March 13

According to sources, Saudi Arabia is in discussions with crude oil buyers and plans to complete crude oil loading outside the Strait of Hormuz starting next year, incorporating this arrangement into long-term supply contracts.

October 8 – Boosted by rising oil prices, U.S. energy stocks increased in pre-market trading O/R. Brent crude futures (LCOc1) rose 4.2% to $104.4 per barrel; U.S. West Texas Intermediate crude (CLc1) climbed 4% to $91.8 per barrel. Oil prices surged due to concerns over Middle Eastern supply disruptions following an increase in vessel attacks in the Gulf region and the Strait of Hormuz (link). Meanwhile, hurricane threats have impacted offshore production, leading to a decline in U.S. crude output. Major oil and gas giants Exxon Mobil (XOM.N) and Chevron (CVX.N) rose 1.6% and 1.3% respectively. Occidental Petroleum (OXY.N) and ConocoPhillips (COP.N) were up 1.6% and 1.7% respectively. Oilfield service providers Halliburton (HAL.N) and Baker Hughes (BKR.O) gained 1.2% and about 1% respectively. Refiners Marathon Petroleum (MPC.N) and Phillips 66 (PSX.N) climbed 1.5% and 1.2% respectively. (For non-native English speakers, Reuters provides automated translations of its reports into several languages. Since automatic translation may contain errors or lack context, Reuters does not guarantee the accuracy of the translated text, which is provided solely for readers’ convenience. Reuters shall not be liable for any damage or loss arising from the use of automated translation.)

Endeavour Silver reported a blockade that suspended Terronera mine operations from Aug. 12 to Aug. 24, 2026. The disruption reduced Terronera throughput to 165,171 tonnes in Q3 2026 from 175,729 tonnes in Q2. Guanaceví’s mill was taken offline on Sept. 21 to replace the primary mill head and trunnion. Repairs are expected to finish in the first half of October, with processing continuing at lower throughput. Company flagged a recalculation of full-year production and cost guidance, with output expected at or slightly below the low end. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Endeavour Silver Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-006526), on October 08, 2026, and is solely responsible for the information contained therein.