- Oil demand should pick up in Asia after the People’s Bank of China’s (PBoC) decision to lower interest rates and inject liquidity into the banking system. Beijing assembled a last-ditch stimulus assault to pull economic growth back towards this year's roughly 5% target, Bloomberg reports.
- Fuel distributors in Florida are bracing for supply shortages as government officials issued dire warnings about strengthening hurricane Helene, which made landfall in the state on Thursday evening, Reuters reports.
- At 17:00 GMT, the Baker Hughes OIl Rig Count is due to be released. The previous number was at 488, with no forecast available.
- Israel continues this Friday with its bombing of Hezbollah military installations in Lebanon.
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