• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On June 2nd, Alibaba released Qwen3.7-Plus, a multimodal large-scale model in its Qianwen 3.7 series, achieving a new breakthrough in multimodal hybrid intelligent agents. Beyond understanding images and videos, it can also perform deep reasoning, self-programming, tool invocation, verification testing, and autonomous iteration. Currently, Qwen3.7-Plus is available on Alibaba Clouds Bailian platform, providing API services to external users.The main contract for the container shipping index (European route) reversed its gains and fell during the day, with the current decline widening to 1.97% at 3779 points, after rising by more than 3% earlier.June 2nd – The inaugural meeting of the Express Service Standards Committee (ISO/TC344/SC2) of the International Organization for Standardization (ISO) Technical Committee on Innovative Logistics (ISO/TC344) was held today in Hangzhou, Zhejiang Province. Zhao Chongjiu, Director of the State Post Bureau; Deng Zhiyong, Vice Minister of the State Administration for Market Regulation and Director of the Standardization Administration of China; and He Zhongwei, Vice Governor of Zhejiang Province, attended the meeting and delivered speeches. Chen Kai, Vice Minister of the State Post Bureau, presided over the meeting. In June 2024, at the suggestion of the State Post Bureau, the Standardization Administration of China submitted a proposal to the International Organization for Standardization (ISO) to establish an Express Service Technical Committee. After more than a year, on July 11, 2025, the ISO, following review and voting procedures, decided to establish the Express Service Subcommittee under the Technical Committee on Innovative Logistics (ISO/TC344), with its secretariat located in China.An Amazon (AMZN.O) spokesperson responded to the Australian Competition and Consumer Commission (ACCC) investigation by saying that the company has implemented a policy prohibiting the sale of magnetic board games, regardless of whether the products are sold in Australia.On June 2nd, local time, a bear appeared and attacked people in an office building and nearby residential area in Sasakino, Fukushima City, Fukushima Prefecture, Japan, injuring four people. The number of bear attacks on people in Japan has been increasing in recent years. Preliminary statistics released by the Japanese Ministry of the Environment in early April this year showed that from early April last year to the end of March this year, a total of 238 people were attacked by bears nationwide, of whom 13 died, both figures being record highs. Current data from the Japanese government estimates that there are more than 19,000 Asiatic black bears in the Tohoku region and 11,600 brown bears in Hokkaido.

OPEC Monthly Report: Maintain global economic expectations and raise crude oil demand expectations

LEO

Oct 26, 2021 11:03

GMT+8 On Wednesday (October 13), OPEC published a monthly report showing that despite the rise in oil prices, OPEC is still cautious about oil demand. The 2021 global oil demand growth forecast is lowered by 160,000 barrels/day to 5.8 million barrels/day, and the demand for OPEC crude oil in 2021 is expected to be raised by 100,000 barrels/day to 27.8 million barrels/day.



The OPEC monthly report maintains the global oil demand growth forecast in 2022 unchanged at 4.2 million barrels per day, with an average of 100.8 million barrels per day, and lowers the forecast of oil demand growth in 2021 from the previous 5.96 million barrels per day to 5.82 million barrels per day. /Day, rising natural gas and thermal coal prices will encourage more energy consumption to shift from natural gas to oil. Second-hand data shows that Iran’s September crude oil production increased by 22,000 barrels per day to 2.503 million barrels per day.

The demand for OPEC crude oil in 2021 will be raised by 100,000 barrels/day to 27.8 million barrels/day, and the demand for OPEC crude oil in 2022 will be increased by 100,000 barrels/day to 28.8 million barrels/day.

Second-hand data show that Saudi Arabia’s September crude oil production increased by 139,000 barrels/day to 9.678 million barrels/day, the UAE’s September crude oil production increased by 14,000 barrels/day to 2.789 million barrels/day, and Libya’s September crude oil production decreased by 5 thousand barrels/day. Barrels/day to 1.148 million barrels/day, China’s net imports of petroleum products increased by 1.28 million barrels/day to 11.19 million barrels/day compared with the previous round of statistics.

U.S. net imports of petroleum products increased by 1.01 million barrels per day to 1.53 million barrels per day from the previous round of statistics. India’s net imports of petroleum products increased by 600,000 barrels per day to 4.02 million barrels per day from the previous round of statistics. China's net imports of petroleum products increased by 1.28 million barrels per day to 11.19 million barrels per day from the previous round of statistics.

Maintaining the global economic growth forecasts for 2022 and 2021 at 4.2% and 5.6%, respectively, the global oil demand in 2021 is expected to be 96.6 million barrels per day. (Last month expected to be 96.7 million barrels/day), the 2021 non-OPEC oil supply forecast was lowered by 210,000 barrels/day.