OPEC oil production peaked again; The increasing international oil price due to the reduction of oil production will not impact China's imports of crude oil.

（2016/12/05-2016/12/11）

Review of International Energy News
◆OPEC countries' oil production peaked again and Brent oil price rose to their highest in 16 months.
◆Iran warned that if the United States extended its sanctions against Iran , it would retaliate.
◆After German Chancellor Angela Merkel made the decision to close all nuclear power plants, the German court supported nuclear power business claim.

Review of Domestic Energy News
◆The increasing international oil price due to the reduction of oil production will not impact China's imports of crude oil.
◆The coal industry has entered into the era of full stage control. The coal price may gradually goes back to a reasonable range.
◆China's four large-scale pumped storage power plant project started.