Real-time News

Market news: The license will allow Chevron to participate in Venezuelan oil production previously banned from U.S. sources.

A State Duma delegation led by Chairman of the Russian State Duma Volodin will officially visit Uzbekistan from November 27 to 28. At the meeting it is planned to discuss inter-parliamentary cooperation.

SOMO, Iraq's national oil marketing organization: OPEC's decision to cut production by 2 million barrels per day in October will help maintain market stability.

Iraq's state oil marketing organization SOMO: Iraq expects oil prices to be between $85 and $95 in 2023.

SOMO, Iraq's state oil marketing organization: Upcoming OPEC+ meeting will consider market conditions.

Iraq's state oil marketing organization SOMO: Iraq's oil production accounts for 11% of the total output of OPEC+ members.

SOMO, Iraq's state oil marketing organization: OPEC+'s decision to cut production did not reduce Iraq's crude oil exports.

The Egyptian government announced that Egypt's contribution to the world's green hydrogen will reach 8%.

Danske Bank: The Federal Reserve Bank of New Zealand is expected to raise interest rates by 75 basis points in February next year. Our bank expects the Federal Reserve Bank of New Zealand to raise interest rates by 75 basis points in February next year and another 50 basis points in April. The Federal Reserve Bank of New Zealand sharply raised its official cash rate (OCR) terminal rate forecast at its November meeting, implying a cumulative rate hike of 125 basis points at its three meetings in February, April and May next year. With inflation now expected to accelerate further in the fourth quarter (to 7.5% from 7.2% in the third quarter), there will be significant downward pressure on both prices and economic activity, which is expected to at least partially stem the rise in the official cash rate.

[India launches 9 satellites in one rocket] The Indian Space Research Organization announced on the 26th that India successfully launched 9 satellites using the PSLV-C54 polar satellite launch vehicle that day, mainly including the earth observation satellite EOS-06 and 8 nano-satellites. According to Indian media reports, the successful launch of the earth observation satellite EOS-06 is the third generation of India's ocean satellite series to strengthen the country's ocean monitoring capabilities.

According to the TASS news agency citing the Russian Ministry of Defense, nine Russians captured by Ukraine were released in a prisoner exchange.

Russian Defense Ministry: Russia intends to discuss the true goals of the Pentagon's biological research program at the Biological and Toxin Weapons Convention (BTWC) meeting.

Morgan Stanley: The Bank of England is expected to raise interest rates by 50 basis points in December. The Bank of England will raise interest rates by 75 basis points in November, which is in line with market consensus and our bank's expectations. The central bank's forecasts again showed a pessimistic view of the economy, although the UK government did not announce further fiscal tightening measures. However, the central bank's guidance dampens market expectations for rate hikes closer to our view. We expect a rate hike of 50 basis points in December, with a terminal rate of 4%.

On November 26, local time, the Rescue Command Center of Zhanyu County, West Java Province, Indonesia announced that the death toll from the earthquake in Indonesia had risen to 318.

Kremlin: Russian President Vladimir Putin and Azerbaijani Presidents discussed steps to implement the tripartite agreement in a phone call, focusing on opening up transport links in the region.

On November 26, local time, Ukrainian President Volodymyr Zelensky held talks with Belgian Prime Minister De Crowe.

Chief of Staff of the President of Ukraine: Russia will pay for the famine in the Soviet era and for today's "crimes".

According to Turkey's "New Dawn", citing the content of the report of Turkish Defense Minister Akar at the closed-door meeting of the ruling party, the country's armed forces will launch ground operations in Syria as soon as possible.

According to Japan Jiji News Agency: Japan Industrial Partners (JIP) is considering acquiring Toshiba before the end of the fiscal year.

According to Yonhap News Agency: The South Korean government and the striking truck drivers will hold negotiations on November 28.