China’s production is forecast to fall by as much as 7 percent this year, extending a record decline in 2016, according to analysts. Crude production fell 6.9 percent in the first 11 months of 2016 to about 4 million barrels a day. Lower domestic production will help support the nation’s imports. Source: Bloomberg
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Poland has signed its first deal to purchase liquefied natural gas from a U.S. supplier, a step that will help the country’s efforts to cut its dependence on deliveries from Russia, officials said Thursday. Source ABC news
The United States is pursuing global strategic domination through developing anti-ballistic missile systems capable of a sudden disarming strike against Russia and China, according to the deputy head of operations of the Russian General Staff. Source RT
Ukraine’s state security service (SBU) raided the Kiev offices of Dragon Capital, one of the country’s largest investment banks, over the alleged use of illegal software at its premises, the bank’s spokeswoman said on Wednesday. Source Reuters