[Oil Prices Fall as Signs of Resumption of Operations at Novorossiysk Port in Russia Cause Decline] 1. Oil prices fell on Monday as signs of resumption of operations emerged at Novorossiysk, a key Russian Black Sea port attacked by Ukraine last week. Two oil tankers were docked at the port on Sunday, and crude oil loading operations were reportedly resumed, easing market concerns about supply disruptions. 2. As a result, Brent crude prices fell below $64 per barrel, erasing more than 2% gains from Friday's attack; West Texas Intermediate crude prices approached $59 per barrel. Previously, the attack on the Russian port and Iran's seizure of an oil tanker near the Strait of Hormuz injected new geopolitical risk premiums into oil prices, driving a slight increase last week. 3. Despite geopolitical factors causing market volatility, OPEC and its partners, along with non-OPEC+ oil producers, are increasing production, resulting in a significant oversupply in the market, which continues to limit the upside potential for oil prices. Analysts point out that the pressure from supply and demand fundamentals remains the key factor constraining oil price movements.

The U.S. State Department announced on Sunday its plan to designate a Venezuelan drug cartel as a foreign terrorist organization, listing President Maduro as its leader. This designation will take effect on November 24, at which time members of the cartel will be banned from entering the United States, and the U.S. government will have the power to confiscate the cartel's funds. U.S. Secretary of State Marco Rubio stated, "The Venezuelan-based 'Sun Cartel' (Cartel de los Soles), led by Maduro, includes other high-ranking members of the Maduro regime. They have corrupted the Venezuelan military, intelligence agencies, legislative bodies, and judiciary. Maduro and his cronies do not represent the legitimate government of Venezuela."

[my country's First High-Energy Direct Geometric Inelastic Neutron Scattering Time-of-Flight Spectrometer Successfully Accepted] Reporters learned on the 16th from Sun Yat-sen University that my country's first high-energy direct geometric inelastic neutron scattering time-of-flight spectrometer has been successfully accepted. This major national instrument, dedicated to observing the structure and dynamics of the microscopic world of matter, fills a gap in my country's research on inelastic neutron scattering above the 100 millielectron volt level. (Xinhua)