Energy:
1. Russia extends its ban on gasoline and diesel exports until February 2026.
2. Iranian state media reported last Friday that Iran seized a foreign oil tanker in the Gulf region, claiming it was carrying 4 million liters of smuggled fuel.
3. China National Petroleum Corporation's Xinjiang oilfield achieved a carbon dioxide injection volume exceeding 1 million tons this year, becoming my country's first oilfield to achieve this milestone.
4. Ukrainian forces announced on the 28th that they had attacked the Sezlan oil refinery in Russia's Samara region, which processes 7 to 8.9 million tons of crude oil annually.
5. The Southern Peninsula Palm Oil Crushers Association reported that from December 1st to 25th, Malaysian palm oil yield per hectare decreased by 8.49% compared to the same period last month, and production decreased by 9.12% compared to the same period last month.
Precious Metals and Mining:
1. Uzbekistan plans to increase its gold production to 175 tons by 2030.
2. LME copper prices surged to nearly $13,000, a record high.
3. Non-ferrous and precious metals experienced significant volatility. The Shanghai Futures Exchange (SHFE) issued a notice on December 26th requiring all institutions to provide risk warnings.
4. CME Group: Margin requirements for gold, silver, lithium, and other metal futures contracts will be raised across the board after the market closes on December 29th.
5. Silver, platinum, and other precious metals saw increased volatility on Monday. Spot silver experienced a daily range of up to $9; spot platinum briefly plunged by over $100; and spot palladium plummeted by 10% intraday.
