US EIA Total Domestic Production 13.8M (prev. 13.8M); U/C
The US EIA report indicates total domestic oil production remained steady at 13.8 million barrels per day, matching the previous levels.
Newsquawk Daily Economic Releases - 8th January 2026
China reportedly tells tech companies to halt NVIDIA (NVDA) H200 chip orders, via The Information; officials may order domestic AI chip purchases with NVIDIA orders
US EIA Total Domestic Production 13.8M (prev. 13.8M); U/C
[MARKET UPDATE] Hawkish reaction following the US ISM Services figure where the headline topped expectations; session high for DXY (98.64) whilst USTs are eyeing session lows; US equity futures also pressured across the board, RTY -0.9%
EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M
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This stability suggests no immediate shifts in supply dynamics, which may influence market expectations around inventory levels and pricing in the energy sector. Overall, the market may consider this a non-event, but ongoing production trends will remain critical given current price volatility.
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