News

Russian Ministry of Economy: As of January 12, Russia’s annual inflation rate was 6.27%.

The United States considers recruiting private companies to help respond to cyberattacks.

US Geological Survey: A magnitude 5.1 earthquake occurred 119 kilometers north of Lae, Papua New Guinea.

Market News: Iranian Foreign Minister Araghchi strongly condemned the provocative remarks of US officials.

EIA report: U.S. Gulf Coast gasoline inventories rose to the highest level since January 2020 in the latest week.

Lumsden, Deputy Governor of the Bank of England: For the banking sector, we have implemented the key resolution policy developments that we expected to be implemented.

Ramsden, Deputy Governor of the Bank of England: Our resolution mechanism must respond to changes in the financial system, including the growth of market-based financing.

EIA distillate fuel production extended demand data in the United States for the week to January 9 was 5.5201 million barrels per day, compared with the previous value of 4.7229 million barrels per day.

EIA total automotive gasoline production extended demand data in the United States for the week to January 9 was 9.163 million barrels per day, compared with the previous value of 9.1366 million barrels per day.

Fed Governor Milan: "Ambitious" U.S. deregulation supports further easing by the Fed.

Fed Governor Milan: Last year's deregulation was "substantial" and is expected to continue.

Fed Governor Milan: Ignoring the risks of deregulation will lead to unnecessary tightening.

The EIA Strategic Petroleum Reserve inventory in the United States for the week to January 9 was 214,000 barrels, compared with the previous value of 245,000 barrels.

The EIA refinery equipment utilization rate in the United States for the week ending January 9 was 95.3%, which was expected to be 94% and the previous value was 94.7%.

EIA heating oil inventories in the United States for the week to January 9 were -745,000 barrels, compared with the previous value of 672,000 barrels.

EIA refined oil production in the United States in the week to January 9 was -19,000 barrels per day, compared with the previous value of 81,000 barrels per day.

EIA refined oil inventories in the United States for the week to January 9 were -29,000 barrels, compared with expectations of 512,000 barrels and the previous value of 5.594 million barrels.

The United States imported 41,000 barrels/day of EIA refined oil products in the week to January 9, compared with the previous value of 490,000 barrels/day.

EIA reformulated gasoline inventories in the United States for the week to January 9 were -0.5 million barrels, compared with the previous value of 0.4 million barrels.

EIA crude oil production in the United States in the week to January 9 was 49,000 barrels per day, compared with the previous value of 62,000 barrels per day.