CEO of the Caspian Oil Pipeline Consortium: The Caspian Oil Pipeline is scheduled to undergo 72-hour maintenance in April and September 2024.

Jordanian Foreign Minister: Israel has erected “significant obstacles” to providing adequate humanitarian aid to Palestinians in Gaza.

The British Insolvency Service: The corporate bankruptcy rate in England and Wales increased by 2% year-on-year in December, and personal bankruptcy cases fell by 20% year-on-year.

UBS raised its 2024 S&P 500 target from 4,850 to 5,150.

Spot silver fell back below $23 per ounce, down 0.84% on the day.

Citi Research: The production freeze is expected to affect production by approximately 97 billion to 11.1 billion cubic feet, with a midpoint of approximately 10.4 billion cubic feet.

Citi Research: Unless the production freeze is worse than expected, Henry Hub natural gas prices may have peaked and a more severe cold is possible in February.

Prime Minister of Qatar: The Qatari government wants the private sector to play a leading role in the economy.

Qatar Prime Minister: Qatar is allocating billions to stimulate the private sector.

Shell (SHEL.N) will sell its Nigerian onshore unit for $1.3 billion plus cash.

Citi Research: Henry Hub natural gas prices are currently around $3.09 per million British thermal units and are expected to trend lower within 0-3 months to $2.3 per million British thermal units.

Spot gold hit $2,040 per ounce, down 0.71% on the day.

Qatar Prime Minister: Palestinians must decide whether Hamas will continue to play a political role in the future.

Prime Minister of Qatar: Demanding that Israel agree to a time-limited, mandatory two-way solution is crucial for the future political stability of Israel and Palestine.

Boeing (BA.N) fell 1.1% in pre-market trading as the U.S. Federal Aviation Administration (FAA) will conduct new safety inspections of the Boeing 737 MAX 9.

According to Nikkei: The Tokyo Stock Exchange plans to require listed companies to disclose information in English starting in 2025.

Deutsche Bank CFO: Overall sentiment is positive in 2024.

ECB Governing Council member Centeno: The inflation trajectory is currently very positive.

ECB Governing Council member Centeno: Wage demand is expected to remain within a reasonable range.

European Central Bank: Consumers expect inflation to be 3.2% in the next 12 months, down from 4.0% in the October survey. Consumers expect inflation to be 2.2% over the next three years, down from 2.5% in the October survey.