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Electricity consumption rose 11% year over year in September 2026, while coal inventories at power plants fell 60%, according to a JM Financial report. Lower hydro generation increased reliance on thermal power.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but