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• 🔥From Twitter: 5 things to know before the stock market opens Monday
  5 things to know before the stock market...

  
  

  5 things to know before the stock market opens Monday https://t.co/kzsDluc5pb

  
  — CNBC (@CNBC) January 24, 2022

  
  
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• Texas RRC Weighs Earthquake Curbs on Another Swath of Permian Disposal Wells
  A new area under watch by the Texas oil regulator could impact wells responsible for disposing...
  A new area under watch by the Texas oil regulator could impact wells responsible for disposing about 270,000 bbl/d of saltwater from oil and gas operations, according to data and analytics firm B3 Insight.
  
  Regulators this month classified a swath of the Permian basin as a so-called “Seismic Response Area” (SRA) after a magnitude 4.2 earthquake hit 11 miles north of Stanton, Texas. Regulators previously identified two other SRAs following an uptick in tremors in the largest U.S. oil-producing region.
  
  In December, regulators suspended permits for 33 disposal wells across four oil-producing counties around Midland, Texas.
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• OPEC’s Shrinking Capacity Could Send Oil Above $100
  As the OPEC+ group unwinds its production cuts, the oil market has realized that not...
  As the OPEC+ group unwinds its production cuts, the oil market has realized that not only do many producers in the pact lack the capacity to boost output further, but those who can pump more are reducing the global spare production capacity, thus exposing market balances to unexpected supply disruptions, and oil prices to further spikes.  Most of the world’s global spare capacity is currently held by OPEC’s Middle Eastern members Saudi Arabia and the United Arab Emirates (UAE). Those two producers have the potential to raise their output as OPEC+ continues to unwind the cuts, but they are doing so at the expense of declining spare capacity.
  
  Source: OilPrice.com - Read More
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• 🔥From Twitter: The world's #oil stockpiles are looking a lot lower than expected
  The world's #oil...

  
  

  The world's #oil stockpiles are looking a lot lower than expected. All those 'missing barrels' might make prices soar further. https://t.co/lqYFjVAgyQ

  
  — Bloomberg Energy (@BloombergNRG) January 23, 2022

  
  
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• Oil Holds Near $88 With Mounting Geopolitical Risks in Focus
  Oil in London traded near $88 a barrel as increasing geopolitical risks vied with broadly...
  Oil in London traded near $88 a barrel as increasing geopolitical risks vied with broadly weaker equities markets.
  
  International benchmark Brent crude gained 0.3% after earlier climbing as much as 1.2%. Equities in Europe declined on Monday amid concerns over the U.S. Federal Reserve’s imminent rate liftoff, but oil continues to trade near its highest level since 2014.
  
  
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