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Market news: The official price of Omani crude oil for June delivery reached $100.19 per barrel.According to Irans Tasnim News Agency, Iranian President Pezechzian stated that the recently reached ceasefire framework was formulated based on consensus among key figures in the Iranian government and was approved by Irans Supreme Leader Mojtaba. The framework is based on principles such as dignity, wisdom, and national interests.US March Unadjusted Core CPI YoY (Previous: +2.5%; Reuters Forecast: +2.7%) 1. DNB (Norway): 3.0%; BNP Paribas: 2.8%; Capital Economics: 2.8%; Lloyds Banking Group: 2.8%; 2. ANZ: 2.7%; DekaBank: 2.7%; Goldman Sachs: 2.7%; Barclays: 2.7%; 3. ING: 2.7%; JPMorgan Chase: 2.7%; Nomura Securities: 2.7%; Jefferies Group: 2.7%; 4. RBC: 2.7%; Standard Chartered Bank: 2.7%; TD Securities: 2.7%; Nordea: 2.7%; 5. UBS: 2.7%; Wells Fargo: 2.7%; Citigroup: 2.6%; Morgan Stanley: 2.6%; US March Seasonally Adjusted Core CPI MoM (Previous: +0.2%; Reuters Forecast: +0.3%) 1. BNP Paribas: 0.4%; Lloyds: 0.4%; Sparta Capital: 0.4%; ANZ: 0.3%; 2. Capital Economics: 0.3%; Commerzbank: 0.3%; Barclays: 0.3%; Deutsche Bank: 0.3%; 3. Goldman Sachs: 0.3%; ING: 0.3%; JPMorgan Chase: 0.3%; Nomura Securities: 0.3%; 4. Moodys Analytics: 0.3%; RBC: 0.3%; Societe Generale: 0.3%; Jefferies Group: 0.3%; 5. Standard Chartered Bank: 0.3%; TD Securities: 0.3%; UBS: 0.3%; Wells Fargo: 0.3%; 6. Citigroup: 0.2%; Mizuho Securities: 0.2%; FHN Financial: 0.2%; Morgan Stanley: 0.2%. April 10th - As of April 10th, 2026, there are 516,000 optical communication-related enterprises in my country. In terms of registration volume, in 2025, the number of registered optical communication-related enterprises in my country increased by 12.2% year-on-year to 115,600, setting a new high for annual enterprise registrations in nearly ten years. In terms of regional distribution, East China had the highest number of registered related enterprises in 2025, accounting for 35.8%, followed by Central China, accounting for 17.1%. As of April 10th, 2026, 24,300 optical communication-related enterprises have been registered in my country.On April 10th, the Shenzhen Stock Exchange (SZSE) revised its Trading Rules in response to the further optimization of the trading system in the ChiNext reform. First, the SZSE clarified the introduction of a market maker system for ChiNext. Practice has shown that the market maker system helps improve pricing efficiency, reduce transaction costs, and decrease price volatility. The SZSE will further clarify the application and termination of market-making services, the rights and obligations of market makers, and supervision arrangements through the issuance of detailed rules and guidelines, ensuring the smooth implementation of the reform measures. Second, the SZSE adjusted the negotiated block trading of ChiNext stocks to real-time confirmation. The previous arrangement of "intraday submission, post-market confirmation" had problems such as insufficient operation time and affecting participation willingness. The confirmation time has been adjusted from 15:00-15:30 to 9:30-11:30 and 13:00-15:30, which will help further increase the willingness to complete negotiated block trading and facilitate the entry of medium- and long-term funds into the market. Third, the SZSE expanded the range of after-hours fixed-price trading instruments. The after-hours fixed-price trading mechanism for ChiNext stocks was introduced in August 2020 and has been operating smoothly and orderly. This expansion of the scope of after-hours fixed-price trading to include all ETFs, including those related to the ChiNext board, is a beneficial supplement to intraday auction trading. It allows investors to trade at the closing price and better meets their diversified trading needs.

Biden Reversing Trump's Decision to Expand Oil Drilling in The Arctic

Haiden Holmes

Apr 26, 2022 10:01

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On Monday, the Biden administration rescinded a Trump administration proposal that would have permitted the government to lease more than two-thirds of the country's greatest tract of public property to oil and gas drilling.


The decision by the Bureau of Land Management reduces the amount of land available for lease in Alaska's National Petroleum Reserve, a nearly 23 million-acre zone home to species such as caribou and polar bears.


The decision reverts to an Obama-era plan that authorizes fossil fuel exploitation in up to 52% of the reserve, vs the Trump administration's desire to open up 82 percent of the land to drilling. Additionally, it will reinstall some environmental safeguards for designated portions of the reserve, including Teshekpuk Lake, a wildlife-rich wetland complex.


The action comes after the Bureau of Land Management awarded the fewest oil and gas permits for drilling on public lands under the Biden administration earlier this year.