Rising Oil Prices (Source: Sweet Crude Reports)

International News
◆Global oil demand was rising up slightly.
◆Oil supply cutting of Iran was not a threat to the EU.
◆Japan restarted two nuclear reactors to deal with summer power crisis.
◆Exxon Mobil and the Russian oil company (Rosneft) will invest 500 billion on oil and gas development.
◆Analysts said that oil production would be stagnant if The Republic of Sudan declared war on Republic of South Sudan.
◆Shale gas reserves in Polish has reached to 1 trillion cubic meters.
◆Renewable energy increase in European will limit the demand for coal.
◆U.S. experts were positively pushing the domestic solar PV subsidy policy reform.

Domestic News
◆China is expected to become biggest solar photovoltaic market in the world.
◆Beijing will build the most influential urban city of new energy vehicle demonstration application.
◆The second batch of wind approved amount dropped sharply; while the distributed power generation was favored