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According to CCTV: Li Qiang chaired an executive meeting of the State Council to hear a report on the construction of the national water network.
2025-12-31
According to CCTV: Li Qiang chaired an executive meeting of the State Council to hear a report on the construction of the national water network.
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2025-12-31
Energy: 1. OPEC representative: OPEC+ is expected to continue suspending its crude oil production increase plan. 2. Preliminary data shows that Russia's liquefied natural gas (LNG) exports will decline by 2.5% in 2025. 3. Sources: Russian oil expo
Energy: 1. OPEC representative: OPEC+ is expected to continue suspending its crude oil production increase plan. 2. Preliminary data shows that Russia's liquefied natural gas (LNG) exports will decline by 2.5% in 2025. 3. Sources: Russian oil exports through western ports fell 8% month-on-month in January to approximately 2.2 million barrels per day. 4. Data shows that the supply of the five North Sea crude oil varieties supporting the Brent crude benchmark price will average 575,000 barrels per day in February next year (compared to 565,000 barrels per day in January). 5. Reuters calculations show that Russia's pipeline natural gas exports to Europe will decline by 44% in 2025 to 18 billion cubic meters, the lowest level since the early 1970s. 6. India's crude oil imports in November increased by 11.1% year-on-year to 21.1 million tons; gasoline exports increased by 22.8% year-on-year to 1.5 million tons; and diesel exports increased by 1.1% year-on-year to 2.3 million tons. Precious Metals and Mining: 1. Indonesian Mining Minister: The government will cut mining production quotas to support prices. 2. Indonesian Nickel Smelting Association: Domestic smelting industry demand for nickel ore is expected to reach approximately 340 million to 350 million tons by 2026. 3. India extends its 11% to 12% steel import tariff for three years to support domestic industries. 4. CME Group raises precious metals futures margin requirements for the second time in a week, causing a sharp drop in precious metal prices across the board. 5. Copper prices are expected to record their largest annual gain since 2009 amid expectations of supply shortages. Other: 1. Two oil tankers collided near Istanbul, Turkey. 2. Ukrainian Deputy Prime Minister: A Panamanian-flagged grain ship was damaged in the Odessa region.
2025-12-31
South Korea's December CPI rose 2.3% year-on-year, below the expected 2.30% and the previous reading of 2.40%.
South Korea's December CPI rose 2.3% year-on-year, below the expected 2.30% and the previous reading of 2.40%.
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