On Wednesday local time,OPEC stated in its monthly oil market report that it will maintain its forecast for global oil demand growth in 2024,with a daily increase of 2.25 million barrels.The organization believes that,driven by global economic recovery,global oil demand will continue to grow strongly in 2025. OPEC predicts that global oil demand will increase

The US Energy Information Agency(EIA)predicts that the global crude oil demand growth rate in 2024 will increase by 50000 barrels per day to 1.39 million barrels per day,compared to the previous expectation of 1.34 million barrels per day;It is expected that global oil demand will reach 103.67 million barrels per day in 2025,an increase of

Currently,the construction of China’s electricity market is steadily advancing and developing in a standardized manner,achieving significant results.However,as the market size gradually expands,it also faces some challenges.For example,how to better adapt to the diversification and green transformation of power structure,how to further leverage the role of the market in the power system,and so on. An important

The global industry is increasingly valuing carbon capture and storage(CCS)projects,and related technologies are considered key to reducing high pollution emissions without reducing production.Many countries are currently increasing the deployment of related projects,striving to guide investment and industrial development transformation. Canada signed its first agreement to support future carbon prices last week,which will help bring price

Recently,the 2023 China Ecological Environment Industry Summit and Environmental Listed Company Summit,hosted by the Environmental Chamber of Commerce of the All China Federation of Industry and Commerce and co organized by the Huzhou City Federation of Industry and Commerce and the Huzhou City Group,opened in Huzhou,Zhejiang.Guests from the government,universities,research institutes,environmental enterprises,investment and financing institutions,and other

International crude oil prices have been continuously falling recently,but the Organization of the Petroleum Exporting Countries(OPEC)remains cautious and optimistic about the future market fundamentals. On December 13th,OPEC released the December Global Oil Demand Report.The report shows that OPEC will maintain the global oil demand growth rate at 2.5 million barrels per day in 2023,with an

The Environmental Investigation Agency announced that over 60 countries,including the United States and Canada,joined the global commitment to significantly reduce harmful atmospheric emissions related to air and food cooling at the United Nations Climate Summit(COP28)in Dubai on December 5th. The message states:”Recognizing that sustainable refrigeration measures will help avoid 78 billion tons of carbon dioxide

According to the latest analysis report from the US Energy Information Agency(EIA),the likelihood of global natural gas supply meeting winter(November March)demand from 2023 to 2024 has increased.This is mainly due to the relatively sufficient natural gas inventories in the United States and Europe,as well as the expansion of global liquefied natural gas(LNG)import and export capacity.The

Recently,officials from the China Non ferrous Metals Industry Association stated that the import volume of scrap copper in China will increase by 8.6%in 2023 compared to last year.According to Liu Wei,Vice President of the Recycled Metals Branch of the China Nonferrous Metals Industry Association,at the CRU World Copper Asia Conference held in Shanghai,China’s import of

The International Energy Agency(IEA)recently stated in its first Latin American regional energy outlook report that Latin America will play a crucial role in the global energy transformation process. The International Energy Agency stated that Brazil,Mexico,Chile,and Argentina have high-quality solar and wind energy resources;Chile,Peru,and Argentina are producing copper or lithium,which is a key mineral product for