Market News: Slovakia approves plan to assist Kia in increasing electric vehicle production.

On January 10, local time, according to TASS news agency, the Russian armed forces will receive a series of weapons and equipment in 2024, which will include 2 Tu-160M strategic bombers, the "Prince Pozharsky" and the "Borey-A" "class nuclear submarine. In addition, the "Sarmat" intercontinental missile will begin combat duty in 2024. At the same time, Russia will increase the production of hypersonic missiles "Dagger" and "Zircon" and continue to develop new equipment. The Navy will receive three submarines and 11 surface ships.

Vitol Energy Group: Spare oil production capacity and OPEC+ discipline will become the focus in 2024.

Market News: The Iraqi Prime Minister stated that Iraq hopes that the US-led troops will withdraw from Iraq quickly and orderly through negotiations.

Vitol Energy Group: Risks in the Middle East did not trigger a reaction in the oil market because there was no real (supply) disruption.

Mike Muller, head of Asia for Vitol Energy Group: The oil market is basically balanced.

According to RIA Novosti: Russian oil transportation company Transneft stated that the volume of oil transported through the oil transportation system in 2023 will remain at the level of 2022.

Data show: Greece’s industrial production increased by 3.1% year-on-year in November.

Spot palladium rose more than 2.00% during the day and is currently trading at $999.10 per ounce.

Relevant statements show that Indonesian Petroleum Corporation said it has reached an agreement with Korea National Oil Corporation to conduct joint research on the development of carbon capture and storage.

Port Authority: The Romanian Black Sea port of Constanta transported 14 million tons of Ukrainian grains in 2023, compared with 8.6 million tons in 2022.

Port Authority: The Romanian Black Sea port of Constanta shipped a record 36 million tons of grain in 2023, a 50% increase year-on-year.

WTI crude oil hit $72 per barrel, down 0.29% on the day.

Sources said the Indian steel sector has no plans to seek to increase import duties on steel products.

Ukrainian President Zelensky: I will also visit Estonia and Latvia.

Erin Platts, head of UK innovation banking at HSBC: Venture capital is returning to normal levels.

On the 10th local time, due to the breakdown of labor negotiations, the German Train Drivers Union called a large-scale strike across Germany from 2:00 that day, and the strike is expected to last until 18:00 on the 12th. Deutsche Bahn called on people to postpone travel as much as possible and announced an emergency timetable. This round of strikes is expected to result in the cancellation of about 80% of long-distance transport services across Germany, and regional trains in most federal states will also be completely suspended. According to Deutsche Bahn, a large number of employees in the passenger transport sector have joined the strike since 2 a.m. on the 10th, while the freight sector has even started a strike since the evening of the 9th.

Office of the President of Lithuania: Ukrainian President Zelensky arrives in Lithuania.

European Central Bank Vice President Guindos: A technical recession may occur in the second half of 2023.