US Baker Hughes Total Rigs Count (Jan/09) 542 (Prev. 546)
The Baker Hughes total rigs count shows a slight decline to 542 from the previous 546, indicating a modest pullback in U.S.
Stellantis (STLAM IM) is reportedly scrapping its plug-in hybrid electric Jeep SUV and Chrysler Minivan due to slowing EV sales, according to CNBC
US Baker Hughes (9th Jan): Oil -3 at 409, Natgas -1 at 124, Total -2 at at 544
US Baker Hughes Total Rigs Count (Jan/09) 542 (Prev. 546)
Eurogroup receives six candidates to replace ECB VP de Guindos after May 2026; Centeno (Portugal), Kazaks (Latvia), Muller (Estonia), Rehn (Finland), Sadzius (Lithuania), Vujcic (Croatia)
Venezuelan government says it has begun exploratory diplomatic phase with the US, with view to reestablishing diplomatic presence
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drilling activity. This decrease could signal a potential slowdown in production capacity, which might influence supply dynamics and pricing in the energy market. Market participants should consider this trend in the context of overall demand and energy policy implications.
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