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Real-time News
US President Trump: Anyone who opposes me will never get the position of Federal Reserve Chairman. If the market performs well, I hope the new Federal Reserve Chairman will lower interest rates.December 24 – Despite inherent political risks, Libyas vast fossil fuel potential and "investor-friendly reforms" are attracting global energy companies, a major boost for the oil-rich African nation. A new report from industry consultancy Enverus Intelligence Research shows that the countrys latest round of tenders offers 22 blocks, estimated at 10 billion barrels of recoverable resources and 18 billion barrels of undiscovered resources. "Libyas latest round of tenders marks a pivotal moment for the countrys energy sector," said Tom Richards, senior regional manager at Enverus, in a report released Tuesday. "Optimized fiscal terms, simplified cost recovery mechanisms, and clearer profit-sharing schemes have already attracted significant interest from supergiants and the National Oil Corporation (NOC)." However, the report warns that maintaining growth requires addressing political instability and infrastructure challenges. These issues urgently need to be resolved if the state-owned NOC is to increase production by more than 40% to achieve its 2030 target of 2 million barrels per day.The total number of oil rigs in the United States for the week ending December 26 will be released in ten minutes.On December 24, the Ukrainian State Electricity Company announced that, due to the large-scale missile and drone attacks by the Russian military on the 23rd, all regions of Ukraine will implement time-sharing power outages for residents on the 24th, with industrial users experiencing power rationing simultaneously.Fitch: Global pharmaceutical spending is expected to grow by mid-single-digit percentages in 2026.
