We saw plugins score another million-plus sales in November (1.3 million plugins in a 2.2-million-unit overall market, down 8% YoY), but growth has been slowing down, with November showing only a 4% increase over November 2025.
Conventional wisdom in the crude oil market is that producers such as OPEC+ largely determine the price by altering output levels to achieve a desired outcome.
China’s economy grew by just 2.5% to 3% in 2025, the Rhodium Group think tank estimates, roughly half the pace implied by official data, driven by a collapse in fixed-asset investment in the $19 trillion economy over the second half of the year.
Oil prices edged lower in Asian trade on Tuesday, cooling after sharp gains in the prior session as heightened tensions between the U.S. and Venezuela and attacks on Russian oil infrastructure pointed to disruptions in global supplies.
China left benchmark loan prime rates (LPRs) unchanged for the seventh consecutive month in December on Monday, matching market expectations.
Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted an oil tanker off the coast of Venezuela in international waters.