• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 12, according to the U.S. Army Information Network, the U.S. military relieved Susanna Meyers, commander of the U.S. Pitufik Space Base in Greenland, on the 10th. According to U.S. media reports on the 11th, the news has been confirmed by a U.S. Space Force spokesman. U.S. Vice President Vance led a delegation to the Pitufik Space Base on March 28 and delivered a speech. In an email to base staff on March 31, Meyers said that they should keep their distance from Vances remarks at the base. She wrote in the email: "I dont think I understand current politics, but I know that the concerns of the U.S. government discussed by Vice President Vance on Friday do not represent the views of the Pitufik Space Base." U.S. Department of Defense spokesman Sean Parnell forwarded the report of the U.S. Army Information Network on social media on the 10th, and wrote: "The (U.S.) Department of Defense will not tolerate actions that undermine the chain of command or subvert President Trumps agenda."April 12th news, recently, Xu Ran, Vice Chairman of JD Group SEC and CEO of JD Group, communicated on JDs joining the competition in the food delivery track. Talking about the reasons why JD is doing food delivery, Xu Ran said that the most important purpose is to solve the pain points of the industry and meet user needs. We have seen, for example, hidden dangers in food safety, merchants complaining that commissions are too high, and riders have basically no social security. JD has the willingness and ability to solve these problems, so we have formulated the platform positioning of "quality food delivery", hoping to get the industry back on track for a healthy, benign and sustainable development. Xu Ran said, "For JD Retail, if the food delivery business is done well, it can not only increase user growth and shopping frequency, but also bring about the extension of scenarios."On April 12, Wei, a former staff member of a research institute under a military industrial group, was approached and met by a foreigner who looked like a tourist in a park. This foreigner was actually a spy. Under the temptation of interests, Wei began to steal secrets crazily, selling out the core secrets of our key areas of technology research and development and practical application. As a network administrator, he used a mobile hard drive to copy confidential information in batches; used a mobile phone to secretly photograph files on the screen of a confidential computer; secretly made a key to the leaders office, sneaked into the leaders office many times on weekends to steal secrets, and even secretly recorded the content of internal meetings. Wei was sentenced to life imprisonment for espionage, deprived of political rights for life, and confiscated all personal property and recovered illegal criminal proceeds.According to the Wall Street Journal: Binance tried to curb U.S. regulation while negotiating a deal with Trumps crypto company.Conflict situation: 1. Russian Defense Ministry: In the past 24 hours, the Ukrainian army lost 235 soldiers in the Kursk region. 2. Russian Defense Ministry: Ukraine launched five attacks on Russian energy infrastructure facilities in the past 24 hours. 3. The Ukrainian Air Force said that Russia launched 39 drones and a ballistic missile at night. The Air Force shot down 24 drones, and another 13 did not reach the target. Peace talks: 1. People familiar with the matter: The atmosphere of the US-Ukraine talks was tense, and the prospects for reaching a mineral agreement were slim. 2. Ukrainian President Zelensky: Military pressure is needed to force Russia to reach a peace agreement. 3. The Kremlin: Russian President Putin and Vitkov will discuss solutions for Ukraine. 4. German Defense Minister: It is important that the US Secretary of Defense participated in the meeting in support of Ukraine, although it was only online participation. 5. Trump said on social media about the Russian-Ukrainian conflict: Russia must act. Too many people died in this terrible and meaningless war. 6. Kremlin spokesman Peskov downplayed the planned Vitkov-Putin meeting, telling Russian official media that the visit of the US envoy was not "significant" and no breakthrough was expected. Other situations: 1. Kremlin: Putins call with Trump is theoretically possible. 2. Ukrainian media: Germany plans to provide Ukraine with 7 billion euros in military aid this year. 3. Ukraine established diplomatic relations with Somalia, and Kiev continued its efforts to expand relations with African countries. 4. Ukrainian President Zelensky: Call on allies to focus on providing Ukraine with 10 sets of "Patriot" air defense systems. 5. Russian President Putin: It is expected that the funds used to develop the Russian Navy will reach 8.4 trillion rubles in the next 10 years. 6. EU High Representative for Foreign Affairs and Security Policy: So far, EU countries have pledged 23 billion euros in military aid to Ukraine this year, higher than last year. 7. The Danish Parliament has taken an important step towards approving a defense cooperation agreement with the United States. If the agreement is approved, it will allow the US military to widely station troops and store equipment in Denmark.

WTI surges beyond $81.50 on the back of a weakening US Dollar and a loosening of China's Covid restrictions

Alina Haynes

Dec 05, 2022 11:53

 截屏2022-11-24 下午3.13.23.png

 

West Texas Intermediate (WTI) futures on the New York Mercantile Exchange (NYMEX) have rebounded spectacularly to near $81.63 during the Tokyo session, as loosening tight restrictions in China have given oil bulls an adrenaline boost. After retracing close to the $80.00 round-number support level, the oil price has rebounded substantially.

 

The receptive buying action in oil prices is supported by China's decision to loosen restrictions on Covid-19 following a vigorous protest for the liberalization of the economy. As the reopening of the Chinese economy suggests that there are no constraints on the flow of people, goods, and machines, this has reaffirmed greater oil demand forecasts. The expansion of economic activity in China will bolster oil demand in the world's largest oil-consuming nation.

 

In addition, the weakening of the US Dollar Index (DXY) is boosting oil prices. The USD Index has retested its five-month low below 104.20 as market investors have increased their risk appetite amid mounting predictions that the Federal Reserve will slow its pace of interest rate hikes (Fed). Aside from this, a robust U.S. job market signals robust oil consumption.

 

On the supply side, OPEC+ did not announce any additional production cutbacks during its meeting on December 4, other than the continuation of the earlier agreement to reduce oil production by two million barrels per day through November 2023. This resulted in a corrective fall in oil prices, but a stronger recovery supported by an easing of China's zero-Covid policy has restarted oil's upward trajectory.