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OPEC's daily output decreased by 7.56 million barrels, falling to 22 million barrels per day. Among them, Iraq, Saudi Arabia, and the United Arab Emirates suffered the most severe production losses.

Glonghui April 7｜According to Reuters, citing sources familiar with the matter, the founding family of Spanish beauty group Puig and the founding family of US cosmetics giant Estée Lauder will meet in New York this week to negotiate terms of a potential business merger. Reportedly, both parties aim to reach an agreement in the coming weeks. Last month, Puig and Estée Lauder stated that they were exploring a deal that would create the world’s largest premium beauty products company, including brands such as Tom Ford, Carolina Herrera, Rabanne, Jean Paul Gaultier, and Clinique.

Foresight News reported that Velora (formerly Paraswap) has released a new governance proposal with key changes including: focusing on VLR token structural decisions; terminating the staking program and ceasing reward distribution; closing the DAO treasury and using the balance to pay for infrastructure services; stopping DAO-level fee routing; and updating multisig configuration to match the scope of governance. The proposal states that these changes will not alter the token supply, unlocking schedule, token distribution, or VLR's transferability. In the future, governance will focus on structural decisions affecting the VLR token, while protocol operations and infrastructure will continue to be supported by the project development team.