US official says additional sales of Venezuelan oil are expected in the coming days and weeks
The indication of expected additional sales of Venezuelan oil may suggest a potential increase in supply, which could put downward pressure on WTI prices in the near term.
Israel and Iran secretly reassured each other via a Russian intermediary they would not attack each other, according to Washington Post
Saudi's Aramco and Commonwealth LNG sign a long-term supply deal
US official says additional sales of Venezuelan oil are expected in the coming days and weeks
NY Fed says desk plans to conduct ~USD 15.4bln in reinvestment purchases between January 15th to February 12th; plans an additional ~USD 40bln in reserve management purchases over the noted monthly period
US President Trump says have been told killing in Iran is stopping, no plan for executions
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This development is important as it could influence trading strategies and implications for inflation, particularly with the current geopolitical climate affecting energy markets.
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