British Prime Minister Sunak appoints Steve Barclay as Environment Secretary.

Fed Governor Cook did not comment on monetary policy or the economic outlook at the Fed data conference.

Tesla (TSLA.O) rose 1.42% in pre-market trading as India considered tax cuts on electric vehicle imports.

ExxonMobil (XOM.N): By 2030, ExxonMobil plans to produce enough lithium to power the manufacturing of more than a million electric vehicles per year.

ExxonMobil (XOM.N): Drilling its first lithium well in Arkansas, U.S., as it aims to become a major supplier of electric vehicles by 2030. First lithium production target is set for 2027.

Google (GOOG.O): It is taking legal action against two fraud gangs. Seeks to implement an order prohibiting scammers from setting up social media pages and allowing us to disable them through U.S. domain registrars.

Google (GOOG.O): Taking action to protect users of Google’s Bard AI and guard against bad actors who seek to exploit copyright laws for profit.

Market news: British Environment Minister Therese Coffey resigns.

Market news: India is said to be considering implementing five-year tax cuts on the import of fully assembled electric vehicles, aiming to attract electric vehicle manufacturers such as Tesla.

Government sources said EDF and the government will meet this week to finalize an agreement on electricity prices.

OPEC monthly report: lowered the Eurozone’s economic growth forecast for 2023 and 2024 to 0.2% and 0.5%. (previously 0.5% and 0.7%)

OPEC monthly report: Keeping OPEC’s crude oil demand forecast in 2024 unchanged at 29.9 million barrels per day.

OPEC monthly report: Keeping OPEC’s crude oil demand forecast in 2023 unchanged at 29.1 million barrels per day.

OPEC monthly report: Secondary data show that Kuwait’s crude oil production decreased by 24,000 barrels per day in October to 2.553 million barrels per day.

OPEC Monthly Report: Secondary data show that Venezuela’s crude oil production decreased by 7,000 barrels per day in October to 751,000 barrels per day.

The French government and energy producer EDF have reached an agreement on a reference nuclear electricity price of 70 euros per megawatt hour, government sources said.

France will set up a regulatory framework to be able to cap consumer electricity prices at 110 euros per megawatt hour, sources said.

OPEC monthly report: Secondary data show that Angola’s crude oil production increased by 51,000 barrels per day in October to 1.172 million barrels per day.