Nov. 24, 2024, 5:26 a.m.

OPEC+ extends deep production cuts

On June 2, 2024, the Organization of the Petroleum Exporting Countries (OPEC) agreed to extend most of its deep oil production cuts until 2025 in response to challenges such as sluggish demand growth, high interest rates and rising production from U.S. rivals.

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OPEC+ agreed in an online meeting on Sunday (June 2) to extend current production cuts until 2025 in a bid to support international oil prices amid sluggish demand growth, high interest rates and rising output from rival United States.

In a statement after the meeting, the Union agreed to extend the 3.66 million barrels per day production cut by one year until the end of 2025, and extend the 2.2 million barrels per day production cut by three months until the end of September this year.

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Global lithium battery development prospects

In the early days, with the rise of electronic devices such as electric vehicles and smartphones, the demand for lithium batteries began to grow.

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BHP Billiton has dropped its $49 billion bid for Anglo American

BHP Billiton PLC decided not to make a firm takeover offer for Anglo American PLC, temporarily walking away from what would have been the biggest mining deal in more than a decade.

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Behind the overnight surge in Nvidia's market value

Recently, the US chip giant Nvidia's market value soared by $180 billion overnight, causing worldwide attention and hot discussion.

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The contribution of China-Europe Express services to global economy and trade

According to the China National Railway Group Co., LTD., at 8:40 am on May 25, with the X8157 China-Europe train departing from Xi 'an International Port Station

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Global lithium battery orders have exceeded 10 trillion yuan, and the industry is about to explode. Are you ready?

In today's global wave of new energy, the lithium battery industry is facing unprecedented development opportunities.

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The China-Europe Express has contributed to the high-quality development of the Belt and Road

The X8157 China-Europe train successfully departed from Xi 'an International Port Station at 8:40 on May 25, marking that the cumulative number of China-Europe train services officially exceeded the 90,000 mark.

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Who will benefit from the double drop in oil prices

According to the "10 working days" adjustment rule of the oil price market, the new adjustment time is scheduled for 24 o 'clock on December 29, 2024, affected by the recent continuous decline in international oil prices, the decline in oil prices has been increasing, and it has reached the lower standard.

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Behind leading the industry trend is China's power batteries

Against the backdrop of rapid global development of new energy vehicles, the power battery industry has also experienced explosive growth.

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