Daily global commodity market news (October 14)]

Energy:

1. A senior US State Department diplomat said during a visit to Serbia that the United States will support Serbia in reducing its dependence on fossil fuel imports from Russia and accelerating its transition to renewable energy.

2. Libya's National Oil Corporation said it produced 1.25 million barrels per day on Friday.

3. UK Offshore Energy Association: UK gas production is falling faster than expected.

4. Libya's National Oil Corporation: Oil production in the past 24 hours was 1.3 million barrels per day.

5. Azerbaijan Ministry of Energy: Oil production from January to September was 21.6 million tons; Azerbaijan exported 17.9 million tons of oil from January to September.

6. Azerbaijan Ministry of Energy: From January to September this year, Azerbaijan exported 9.4 billion cubic meters of natural gas to Europe.

Others:

1. Ukrainian officials: Ukraine's grain exports will fall to 40 million tons in 2024/25 due to reduced production.

2. Russian Ministry of Agriculture: Russia raised wheat export tariffs by more than 40% to 1,872 rubles per ton.

3. U.S. Energy Secretary: About 75% of Florida's electricity has been restored. It is expected that the vast majority of Florida's electricity will be restored by the end of Tuesday.

4. Fitch: If U.S. trade protectionism rises sharply, economic growth in South Korea and Vietnam will be particularly affected. If U.S. trade protectionism intensifies, South Korea and Vietnam's real GDP is expected to be 1% or more lower than the current baseline level by 2028.