OPEC decided to decrease oil output for the first time in recent 8 years; The Chinese version of the World Energy Outlook 2016 has been launched.

（2016/11/28-2016/12/04）

Review of International Energy News
——OPEC decided to decrease oil output for the first time in recent 8 years, which resulting in large increase in international oil price.
——Oil price has gone back up. The increasing re-inflation expectation may enhance the global stock market.
——Venezuela’s oil minister called on that oil-producing countries should seek a united front for stable prices.

Review of Domestic Energy News
——The Chinese version of  the World Energy Outlook 2016 has been launched in December 2.
——National Development and Reform: It’s a must to strictly investigate the behavior of manipulating the coal market prices.
——The 2016 China International Energy Forum& Exhibition has been successfully held in National Convention Center during Nov.18 to Nov. 30.
——During the 13th Five Year Plan, the total investment in hydropower industry will reach 500 billion yuan and six hydropower bases will be built up.