Real-time News

Market news: Iran's internet has been completely shut down.

Market sources indicate that over a dozen oil giants will attend the meeting with Trump. ExxonMobil, Chevron, and ConocoPhillips will also be present.

January 9th - According to four sources on Thursday, Vitol, one of the world's largest commodities traders, has received a preliminary special license from the U.S. government to begin negotiations on importing and exporting oil from Venezuela, potentially for 18 months. One source indicated that Vitol will seek to finalize the license details and specific terms for conducting business in Venezuela in the coming days.

On January 9th, a Goldman Sachs survey found that geopolitical factors have driven institutional investors' pessimistic view of oil to its highest level in nearly a decade, with the global market facing a supply glut. According to the Goldman Sachs survey, over 59% of more than 1,100 clients across various asset classes are bearish or slightly bearish on the crude oil market. This percentage is slightly higher than the lowest monthly level since records began in January 2016. Last year, crude oil prices suffered their worst performance since 2020 due to increased production from OPEC+, record increases in US production, and increased supply from countries like Brazil and Guyana. This year, the supply glut is expected to widen further. An end to the Russia-Ukraine conflict would likely eliminate supply disruptions and sanctions on Russian crude. Meanwhile, the US plans to control future oil sales from Venezuela, pushing the South American nation's crude onto the market.

January 9 - Jorge Rodríguez, president of the Venezuelan National Assembly, said on January 8 that the Venezuelan government has decided to immediately release a "large number" of foreign and Venezuelan prisoners in order to demonstrate a "peaceful gesture."

The China Earthquake Networks Center officially reported that a 5.2-magnitude earthquake occurred in Tajikistan (37.55°N, 74.81°E) at 00:59 on January 9, with a focal depth of 10 kilometers.

LSEG IBES data: European companies expect revenue to decline by 2.6% in the fourth quarter.

The schedule shows that Azerbaijani BTC crude oil exports from the port of Ceyhan in February totaled 519,000 barrels per day, down from 523,000 barrels per day in January.

Venezuelan Supreme Legislator Jorge Rodríguez stated that foreign and Venezuelan prisoners will be released.

On Thursday, January 8th, the German DAX 30 index closed up 17.89 points, or 0.07%, at 25116.42; the UK FTSE 100 index closed down 10.06 points, or 0.10%, at 10038.15; the French CAC 40 index closed up 9.55 points, or 0.12%, at 8243.47; the Euro Stoxx 50 index closed down 19.61 points, or 0.33%, at 5903.96; the Spanish IBEX 35 index closed up 48.22 points, or 0.27%, at 17644.62; and the Italian FTSE MIB index closed up 109.82 points, or 0.24%, at 45668.50.

The White House: Trump will veto a resolution granting Venezuela war powers.

January 9th - According to three sources familiar with the matter, Anta Sports (02020.HK) has made an offer to acquire a 29% stake in German sportswear company Puma from the Pinault family of France. Two sources said that Anta made the offer several weeks ago and has secured funding in preparation for the deal. However, one of the sources added that the acquisition is currently stalled.

US Treasury auction for the four weeks ending January 8 - bid-to-cover ratio 3.18, compared to 2.9 previously.

The US Treasury auction for the four weeks ending January 8th yielded a winning bid of 3.55%, compared to 3.59% previously.

Federal Housing Finance Agency Director Pulte: President Trump is expected to make a decision on Fannie Mae and Freddie Mac's IPOs next month.