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04:17
OPEC maintains an optimistic outlook on medium and long-term oil demand
The report forecasts that global oil demand is expected to increase from an average of 105.1 million barrels per day in 2025 to 113.3 million barrels per day in 2030, and will further rise to 124.1 million barrels per day by 2050. The report points out that in the coming decades, most of the growth in global oil demand will come from Asia, the Middle East, Africa, and Latin America. Among these, India will be the largest contributor, with average daily demand projected to increase by 8.1 million barrels throughout the forecast period.
04:17
Ship tracking data shows that the Qatari liquefied natural gas carrier "Al Areesh" has entered the Persian Gulf and is heading towards Ras Laffan LNG export terminal in Qatar.
The vessel did not activate its positioning signal while passing through the Strait of Hormuz. Since the outbreak of the Iran conflict at the end of February, this is the second empty liquefied natural gas carrier to enter the Persian Gulf en route to the Qatar export terminal.
03:57
Malaysia revises asset declaration rules for civil servants, raises stockholding limits and includes digital assets under regulation
According to The Edge Malaysia, the Malaysian Public Service Department has revised the asset declaration rules for civil servants. The shareholding limit for civil servants investing in stocks of Malaysia-registered companies has been adjusted to 5% of the company’s paid-up capital or 300,000 ringgit, whichever is lower. Additionally, for the first time, digital assets have been included in the regulatory framework under the new regulations.
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