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10:29
Beysen: There may be one or two months of "hot" inflation data in the future
Odaily reports that US Treasury Secretary Bessent stated: There may be one or two months of "hot" inflation data in the future. After that, inflation should start to ease. (Golden Ten Data)
10:27
Middle East crude oil benchmark rises to a one-week high as supply tightness continues to intensify
⑴ The premiums on Middle Eastern crude oil benchmarks such as Oman, Dubai, and Murban rose to the highest level in over a week on Thursday. Despite spot trading activity remaining subdued, persistent supply tightness has provided support. ⑵ The International Energy Agency stated on Wednesday that, due to severe disruptions to Middle Eastern oil production caused by the Iran war and an unprecedented rate of inventory consumption, there will be a global oil supply shortfall this year, reversing previous expectations of a supply surplus. ⑶ The cash Dubai premium over swaps increased by $2.23 to $10.51 per barrel. A Panama-flagged crude oil tanker managed by Japanese refiner Eneos has passed through the Strait of Hormuz, becoming the second Japanese-affiliated oil ship to make such a transit. ⑷ Indian Prime Minister Modi will make a brief visit to the UAE on Friday, during which he is expected to discuss a long-term energy supply agreement and seek support to expand India's strategic oil reserves. European airlines, airports, and travel agencies remain optimistic about aviation fuel supplies, despite the current crisis having already doubled prices compared to the pre-war period.
10:23
Global electric vehicle sales rise for two consecutive months as tensions in the Middle East boost demand
```htmlAccording to Golden Ten Data on May 14, on the 13th local time, data released by the renowned UK market research institution Benchmark Mineral Intelligence showed that in April this year, global electric vehicle sales increased for the second consecutive month. Factors such as rising oil prices driven by the Middle East situation have led more consumers to switch to electric vehicles. Regionally, Europe and Mexico performed strongly, with electric vehicle registrations in Europe climbing 27% in April, reaching about 400,000 units. In Mexico, electric vehicle sales have grown nearly 50% year-on-year since the beginning of this year. The report pointed out that the recent tensions in the Middle East have put pressure on key international oil transportation routes and kept global oil prices high, prompting more consumers to abandon traditional fuel vehicles in favor of electric vehicles with lower usage costs. In addition, major global car manufacturers continue to accelerate the iteration of electric models, and new energy vehicle purchase policies in multiple countries remain in place, further supporting the ongoing recovery of electric vehicle sales.```
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