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Sudans military says it is advancing towards retaking the key city of Wad Madani from the paramilitary Rapid Support Forces (RSF).On January 11, according to the news released by UTair, a passenger plane of the company from Moscow to Dubai returned to Moscow Vnukovo Airport after takeoff on January 11, local time. It was reported that the model of the passenger plane was Boeing 767, and the reason for the planes return was a malfunction of the hydraulic oil equipment of the passenger plane. Fortunately, all passengers and crew members were safe.On January 11, it was reported that the new M8 adopts the design language of the SUV models of the Wenjie family, equipped with through-type headlights and semi-hidden door handles. In terms of parameters, the length, width and height of the car are 5190/1999/1795mm respectively, and the wheelbase is 3105mm. In terms of appearance, the M8 and M9 are slightly different, but they are also very recognizable. Two types of wheels, dense spokes and sports, appear in the declaration picture. In terms of power, the new car will be equipped with a 1.5L range extender with a power of 118kW, and the four-wheel drive version will be equipped with a front 165kW and rear 227kW drive motor, with a maximum speed of 200km/h. The Wenjie M8 has declared 6 different versions of models this time, providing three pure electric ranges of 161/235/240km, and fuel consumption (estimated to be in the feeding state) of 6.60L/100km.On January 11, during this years CES, Luca Rossi, executive vice president of Lenovo Group and president of the Intelligent Devices Group (IDG), said in an interview with the media that AI PCs will occupy a larger market share in 2025. He predicts that the penetration rate of AI PCs will reach 40%-50% or even as high as 80% in the next two to three years. "In the next three to four years, every PC will become an AI PC."Market news: Hyundai Motor Company donates $1 million to Trumps inauguration fund.

WTI bulls enter at critical support and eye the Federal Reserve

Daniel Rogers

Sep 20, 2022 14:31

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West Texas Intermediate is currently up 0.11 percent on the day and has traded between $82.11 and $86.21 bbls. The black gold was reversing early offers that led to the lows even as US dollar bulls came in as markets awaited the Federal Reserve and a multitude of other central banks this week.

 

Fed funds futures have priced in a 79% chance of a 75-basis-point rate hike this week and a 21% chance of a 100-basis-point boost at the conclusion of the two-day Fed policy meeting. Nonetheless, some analysts predict that the central bank could move to increase interest rates by a full percentage point after August inflation exceeded expectations. The DXY index indicates that the demand for safe haven assets, such as the U.S. dollar, is close to its 20-year high. As a result, the demand for oil may decrease, and the dollar's demand as a safe haven asset nears a 20-year high.

 

Nonetheless, China eased a two-week lockdown on the 21 million residents of Chengdu, restoring normal activity to the capital of Sichuan, which may have contributed to the increase in oil prices at the beginning of the week. The Department of Energy said on Monday that the United States will sell 10 million barrels of oil from its strategic reserve for delivery in November.

 

"The markets are increasingly pessimistic about the likelihood of a rapid resolution to the Iran issue, which has resulted in a revival in energy supply risks despite the continuous decline in prices. As markets reprice supply risk premiums, the lack of liquidity might amplify crude's upward volatility, according to TD Securities analysts.


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