IEA Monthly Report: The decision of OPEC+has reduced the potential oversupply. The International Energy Agency (IEA) said today that the recent decision of OPEC+member countries to postpone the planned production increase has "greatly reduced" the potential oversupply next year. Nevertheless, IEA said that in view of the persistent overproduction in some OPEC+member countries, strong supply growth outside the alliance and moderate global oil demand growth, there may still be a serious oversupply in the oil market in 2025. IEA predicts that even if all OPEC+production reduction plans remain unchanged, supply will exceed demand by about 950,000 barrels per day next year. IEA said that if OPEC members start increasing production in April as planned, the oversupply will increase to 1.4 million barrels per day.IEA Monthly Report: Despite the rising demand, the oil market will be fully supplied in 2025. The International Energy Agency (IEA) said on Thursday that although OPEC+extended the reduction of oil supply and the demand forecast was slightly higher than expected, the global oil market will be fully supplied in 2025. In its monthly oil market report, the agency said that its forecast of global oil demand growth in 2025 was raised from 990,000 barrels per day last month to 1.1 million barrels per day, "mainly from Asian countries, especially affected by China's recent stimulus measures".Schlegel, Governor of the Swiss National Bank: It aims to stabilize the inflation rate at 0-2%. We can tolerate inflation temporarily below the target range of 0-2%.
Weilai will build a 9-vertical and 9-horizontal high-speed power exchange network in the coming year. At the communication meeting before NIO Day 2024, Weilai announced the latest construction progress of the charging and replacing infrastructure layout. As of December 12th, Weilai has built 2,779 power exchange stations in China, including 907 expressway power exchange stations. Weilai will open the national 9 vertical and 9 horizontal high-speed power exchange network during the year, and it is estimated that there will be over 900 expressway power exchange stations, with an average of one power exchange station every 200 kilometers. This marks that Weilai has completed the construction of expressway power exchange network among major cities in China, and it is also the first automobile enterprise in China to complete the construction of power supply and energy replenishment facilities covering national high-speed trunk lines, so that users can realize high-speed direct power exchange between major cities in China. (Securities Times)Alleged of tax evasion, Adidas' German headquarters was raided for two days in a row. On December 11th, local time, criminal prosecutors and customs investigators raided Adidas' German headquarters for the second day in a row, which was an escalation of years of investigation on the sports brand's alleged tax evasion. The amount of tax evasion may exceed 1.1 billion euros. The European Prosecutor's Office (EPPO), headquartered in Luxembourg, said on the 11th that it was conducting a "criminal investigation" against a German sportswear trading enterprise group on the grounds that it was "suspected of tax evasion related to customs duties and import and sales taxes". Adidas said that this long-term investigation is unlikely to have "any significant financial impact".U.S. and cloth oil fell 0.3 USD in short term, and now they are reported at 70.08 USD/barrel and 73.50 USD/barrel respectively.
On the 12th, the South Korean National Assembly voted to impeach the Minister of Justice Park Hyung-jae and the Director of the Police Department Zhao Zhihao.The State Council approved the Hefei Land and Space Master Plan (2021-2035), which proposed to improve the functional structure and spatial layout of the city, coordinate the industrial layout, comprehensive transportation, facility allocation and land use, and give priority to ensuring the space needs of advanced manufacturing industries, scientific apparatus and other scientific and technological innovations. Build an international air cargo hub and a national railway hub, improve the service level of logistics infrastructure, improve the external and internal channels of multi-directional Unicom and multimodal transport, and build a safe, convenient, green and low-carbon urban comprehensive transportation system. Coordinate water conservancy, energy, environment, communications, national defense and other infrastructure spaces, actively and steadily promote the construction of "flat and emergency dual-use" public infrastructure, optimize the regional layout of disaster prevention, mitigation and relief facilities, and improve the security and resilience of national space.The Nikkei 225 index just broke through the 39,900.00 mark, and the latest report was 39,899.07, up 1.34% in the day.
Strategy guide
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Strategy guide
Strategy guide