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On March 15, US President Trump signed an executive order on the 14th to weaken the parent agency of the US government-funded media organization Voice of America and six other federal agencies as the latest move by the government to reduce bureaucracy. These agencies include an agency that provides funding support for museums and libraries and an agency that specializes in dealing with homelessness. The order requires these agencies to reduce their operations to the minimum required by law.On March 15, Ukrainian media reported that Ukrainian President Zelensky has decided to form a delegation to conduct peace talks with partners. The delegation is composed of Yermak, director of the Ukrainian Presidential Office, Ukrainian Foreign Minister Serbiga, Ukrainian Defense Minister Umerov and others. According to AFP, the official delegation appointed by Zelensky will represent Ukraine in any possible peace talks to end the Russian-Ukrainian conflict.Ukrainian President Zelensky: The territorial issue is "complex" and should be discussed later.Ukrainian President Zelensky: Ukraines Western partners are interested in a strong Ukrainian military.March 15th news, the reporter learned today (March 15th) that the State Administration for Market Regulation will adhere to the problem-oriented approach this year, give full play to the "sword" role of supervision and random inspections, and deploy the "2025 National Supervision and Random Inspection Plan for Product Quality". The plan clearly states that for key products such as gas appliances and electric bicycles that have quality and safety risks and strong public opinion, especially those involving the safety of peoples lives and property, the State Administration for Market Regulation will significantly increase the proportion of random inspections and comprehensively increase the intensity of random inspections of online sales products, including live streaming. Problems found in the random inspections will be severely investigated and dealt with in accordance with the law to form a closed-loop supervision and maintain the bottom line of product quality and safety.

Oil decreases due to demand concerns and increased supply

Haiden Holmes

Aug 11, 2022 11:14


Thursday morning Asian trade saw a dip in oil prices as traders anticipated an increase in oil production and a decrease in demand.


Brent oil prices fell 53 cents, or 0.5%, to $96.87 a barrel by 00:05 GMT, while U.S. West Texas Intermediate crude futures fell 61 cents, or 0.7%, to $91.32.


The U.S. Energy Information Administration stated that crude oil stockpiles rose by 5.5 million barrels in the most recent week, above the forecasted increase of 73,000 barrels.


The gasoline product supply grew to 9.1 million barrels per day in the most recent week, despite a 6% reduction in demand over the previous four weeks compared to the same time in the previous year.


Flows on the Russia-to-Europe Druzhba pipeline resumed earlier this week.


The Russian oil pipeline monopoly Transneft has restarted oil transport along the southern portion of the Druzhba oil pipeline. Since the start of this month, Ukraine has restricted Russian oil pipeline exports to parts of central Europe because Western sanctions prevented it from receiving transit payments from Moscow, Transneft said on Tuesday.


Later on Wednesday, the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) will announce their respective monthly oil statistics.

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