European Central Bank Governing Council member Villeroy: The drop in inflation from 10.6% to 2.4% is impressive.

Australia, Canada and New Zealand jointly declare: Gaza ceasefire cannot be unilateral. Hamas must release all hostages and stop using Palestinian civilians as human shields.

Brazilian Stock Exchange: Discussions are underway with relevant authorities to extend trading hours in 2024.

The Central African Bank kept its benchmark interest rate unchanged at 5%.

EIA Short-Term Energy Outlook Report: Driven in part by OPEC+ production reduction measures, the average Brent crude oil spot price will rise from US$78 per barrel in December to US$84 per barrel in the first half of 2024.

According to Nikkei: Japanese Prime Minister Fumio Kishida will replace Japanese Minister of Economy, Trade and Industry Yasunari Nishimura.

Fitch: Oil demand growth will slow, while spare production capacity, led mainly by OPEC, is sufficient to absorb potential shocks.

Fitch: Potential geopolitical tensions could lead to volatility in hydrocarbon prices in 2024.

EIA Short-Term Energy Outlook report: Gasoline prices are expected to be $3.53/gallon in 2023, compared with the previous forecast of $3.55/gallon. Gasoline prices are expected to be $3.36/gallon in 2024, compared with the previous forecast of $3.61/gallon.

EIA Short-Term Energy Outlook Report: U.S. natural gas consumption is expected to be 89.46 billion cubic feet per day in 2023, compared with the previous forecast of 89.42 billion cubic feet per day. U.S. natural gas consumption is expected to be 89.62 billion cubic feet per day in 2024, compared with the previous forecast of 89.00 billion cubic feet per day.

EIA Short-Term Energy Outlook Report: U.S. natural gas (dry gas) production is expected to be 103.67 billion cubic feet per day in 2023, compared with the previous expectation of 103.68 billion cubic feet per day. U.S. natural gas (dry gas) production is expected to be 104.91 billion cubic feet per day in 2024, compared with the previous forecast of 105.12 billion cubic feet per day.

EIA Short-Term Energy Outlook: Natural gas prices are expected to be $2.56/thousand cubic feet in 2023, compared with the previous forecast of $2.67/thousand cubic feet. Natural gas prices are expected to be $2.79/thousand cubic feet in 2024, compared with the previous forecast of $3.25/thousand cubic feet.

EIA Short-term Energy Outlook Report: U.S. crude oil demand growth is expected to be 130,000 barrels per day in 2023, compared with 140,000 barrels per day previously. U.S. crude oil demand growth is expected to be 250,000 barrels per day in 2024, compared with 200,000 barrels per day previously.

EIA Short-Term Energy Outlook Report: U.S. crude oil production is expected to increase by 1.02 million barrels per day in 2023, compared with the previous expectation of an increase of 990,000 barrels per day. U.S. crude oil production is expected to increase by 180,000 barrels per day in 2024, compared with the previous expectation of an increase of 250,000 barrels per day.

The EIA natural gas production in the United States in December is expected to be 103.67 billion cubic feet per day, compared with the previous value of 103.68 billion cubic feet per day.

The U.S. December EIA short-term outlook for the year U.S. crude oil production is expected to be 12.93 million barrels per day, compared with the previous value of 12.9 million barrels per day.