Energy Intelligence reporter Amena Bakr, citing sources, said Saudi crude and product exports average about 5.8 mln bpd versus roughly 6.3 mln bpd reported elsewhere, with the higher number including previously stranded cargoes. She warned the description of a "market oversupply" is misleading and said Strait of Hormuz flows remain far from normal. Bloomberg tanker-tracking showed a six-day average to Wednesday of 6.3 mln bpd, roughly equal to the 2025 average and about 90% of February levels.

China International Capital Co says markets have entered a corrective phase since June: the dollar index broke above its one-year upper range while AI-driven global equity benchmarks and liquidity-sensitive indices have pulled back; US equities show a defensive-style bias. The report attributes the moves mainly to rising rate-hike expectations and marginal tightening in dollar liquidity. It reiterates the view that the Fed will be nominally hawkish but effectively dovish this year; policy implementation this year is more likely to focus on easing bank regulation to support the investment cycle and buy time for AI-driven productivity gains. After this round of adjustment markets may rotate into lagged-curve trades; the dollar index could revert to a weaker trading range. Real assets, industrials and technology retain expansion potential, and investors should watch banking deregulation for its potential to lift traditional cyclicals.

美聯儲戴利：人工智能投資衝擊引發人們擔憂其是否會造成通脹。