News

U.S. natural gas futures surged 12.00% during the day and are currently trading at $4.389/million British thermal units.

Fed's Mussallem: Warsh is fully qualified to be the chairman of the Federal Reserve.

U.S. Democratic Senator Warren sent a letter asking Kevin Warsh to take a stand on the investigation of Federal Reserve Chairman Powell and Federal Reserve Governor Cook. Warren said that the next chairman of the Federal Reserve must promise not to be influenced by political considerations when making policy decisions.

US President Trump will attend a policy meeting in ten minutes.

Fed Musallem: Economic tailwinds are expected to boost economic growth in 2026.

Fed's Moussalem: The risk of a sharp decline in the job market has reduced.

Fed Musallem: Inflation is expected to fall to around 2%, but believes inflation may remain above 2% for a longer period of time. Further interest rate cuts could fuel inflation expectations.

Fed's Moussalem: The economy is expected to continue growing at an above-trend rate, driven by credit conditions and fiscal policy.

Fed Moussallem: We hope productivity growth can continue, but it is too early to make a judgment and we cannot rely on this growth.

Fed Musallem: Further interest rate cuts are not advisable. The current policy is neutral and the economy does not need stimulus. Risks are generally balanced, with further rate cuts required only if the job market deteriorates or inflation declines.

The total number of natural gas rigs drilled in the United States in the week to January 30 was 125, compared with the previous value of 122.

The total number of oil rigs drilled in the United States in the week to January 30 was 411, compared with the previous value of 411.

The total number of rigs drilled in the United States in the week ending January 30 was 546, compared with the previous value of 544.

Ukrainian President Zelensky: Ukraine did not launch any attacks on Russian energy infrastructure on Friday. A week-long moratorium on attacks on energy facilities begins on Friday.

Venezuela's foreign ministry said it rejected a U.S. proposal to impose tariffs on countries that supply oil to Cuba.

U.S. President Trump: (On the Department of Justice’s investigation into Powell) Was the renovation project negligence or theft?

US President Trump: Powell is either incompetent or a liar.

US President Trump: If Tillis blocks the vote (nominating the new Federal Reserve chairman), it will have to wait until he is not present.

US President Trump: We will not disclose our military plans against Iran.

US President Trump: I think we are close to reaching an agreement on Russia and Ukraine. There is still a chance for upcoming U.S.-Russian talks.