Vitol and Trafigura in talks with US administration on marketing Venezuelan oil, according to Bloomberg citing sources
This news indicates potential normalization of Venezuelan oil exports, contingent on discussions with the U.S.
German Chancellor Merz says Russia does not want a ceasefire currently so we must increase the price of war in Ukraine
Turkish Petroleum and Exxonmobil (XOM) subsidiary sign MOU, including new exploration areas in Black Sea and Mediterranean
Vitol and Trafigura in talks with US administration on marketing Venezuelan oil, according to Bloomberg citing sources
Newsquawk Daily US Conference Calendar - 8th January 2026: VZ, AEP, NEE, SRE
China's Market Regulator summoned six top Chinese solar firms, urging them not to coordinate on capacity, utilisation rates, output or prices
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administration. If successful, it could alleviate supply constraints and impact global oil prices, potentially putting downward pressure on WTI. Traders should monitor how this evolves, as it could shift market sentiment regarding energy sector dynamics and geopolitical risks in the region.
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