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February 6th - According to the Central Social Work Department, in order to develop a high-quality social work plan for the 15th Five-Year Plan period, the department is now soliciting suggestions from all sectors of society.Both WTI and Brent crude oil prices rose by more than 2% intraday, currently trading at $64.43 per barrel and $68.39 per barrel, respectively.Amazon shares plunged 11% in after-hours trading on Thursday, primarily dragged down by market concerns over its massive $200 billion capital expenditure plan. This is the largest expenditure among all major tech companies, a significant increase from Amazons capital spending last year and more than $50 billion higher than analysts expectations. In response to market concerns, Amazon CEO Andy García stated that he is confident in the companys cloud business achieving a "strong return on investment," but did not provide a specific timeline. García explained that the company needs such a large capital investment to meet the extremely high demand for Amazon AI computing power, which requires a large amount of infrastructure such as data centers, chips, and network equipment. "This is not a reckless gamble to blindly pursue revenue growth," García said. "We are confident that these investments will bring strong returns on capital. This has already been proven in the core AWS business, and we believe it will be the same in the AI field." García said, "AWS could have grown even faster if there had been more computing power available. Therefore, we are expanding capacity very flexibly and very aggressively."According to RIA Novosti, the Russian Ministry of Defense stated that its troops have captured the Popivka stronghold in eastern Ukraine.According to Hong Kong Stock Exchange filings, JPMorgan Chases long position in CATL (03750.HK) decreased from 8.62% to 8.57% on February 2, 2026.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Move Higher After CPI Data

Cory Russell

Jan 13, 2023 16:05

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natural gas

The EIA Weekly Natural Gas Storage Report was the main topic of discussion today among gas dealers. In contrast to the analyst estimate of -13 Bcf, the data showed that working gas in storage grew by 11 Bcf from the previous week. Following the publication of the EIA data, natural gas prices rose further as traders concentrated on projections that suggest the weather may get colder starting on January 23.

WTI Oil

WTI oil prices are increasing as traders anticipate more demand from China. Data on US inflation gave oil prices even more support. A less hawkish Fed will benefit oil markets because lower interest rates would ease economic pressure.

Brent Oil

As traders continue to concentrate on the reopening of China's economy, Brent oil is now attempting to settle above the 50 EMA at $84.55. If Brent oil is able to hold above this point, it will continue to rise and move in the direction of the next resistance level at $86.00.

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