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• LNG Flows Are Shooting Through the Roof
  With Europe's desire to replace Russian pipeline gas making it the premium market for liquefied natural...
  With Europe's desire to replace Russian pipeline gas making it the premium market for liquefied natural gas around the world, global volumes of LNG imports have increased by 7% year-on-year to 409 million tons, the highest on record.
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• Trafigura Backs Out of Indian Refinery
  Having participated in the purchase of the Italian ISAB refinery, global trading house Trafigura ...
  Having participated in the purchase of the Italian ISAB refinery, global trading house Trafigura sold its 24.5% stake in India’s second-largest refinery Nayara to a relatively unknown Italian investment firm called Mareterra Group.
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• U.S. stocks end higher Friday, notching best weekly gains in 2 months
  U.S. stocks booked modest gains Friday, while advancing for a...
  U.S. stocks booked modest gains Friday, while advancing for a second week in a row to kick off 2023. The Dow Jones Industrial Average DJIA, 0.33% gained about 112 points, or 0.3%, ending near 34,302, while the S&P 500 index SPX, +0.40% rose 0.4%, according to preliminary FactSet levels. The rate-sensitive Nasdaq Composite Index COMP, 0.71% gained 0.7% Friday, while outperforming the week with a 4.8% gain. The Dow rose 2% for the week and the S&P 500 climbed 2.7%, the best week of gains on a percentage basis in two months, according to Dow Jones Market Data. The rally in stocks has been bolstered by inflation data that continued its retreat. The consumer-price index for December was pegged at a 6.5% annual rate, down from a 9.1% peak last summer. Investors on Friday heard from big banks JPMorgan Chase & Co. JPM, +2.47% and Bank of America BAC, +2.15% as they kicked off fourth-quarter earnings. Treasury Secretary Janet Yellen also warned top U.S. lawmakers that the government is expected to hit its ceiling for borrowing next week, while urging them to suspend or increase the debt limit.
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• House passes bill to ban SPR sales to China
  The House of Representatives on Thursday voted 331-97 to advance legislation prohibiting the sale of...
  The House of Representatives on Thursday voted 331-97 to advance legislation prohibiting the sale of crude oil from the Strategic Petroleum Reserve to China. Energy Department officials defended President Joe Biden's use of the emergency stockpile and noted China received less than 3% of SPR oil sold in the last five years.
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• ☕️What Else is Brewing Friday Morning
  Crypto firms Genesis and Gemini were charged by the SEC for selling unregistered securities through...
  Crypto firms Genesis and Gemini were charged by the SEC for selling unregistered securities through Gemini’s Earn product, which promised yields of up to 8%.
  
  Lisa Marie Presley, the singer-songwriter and only child of Elvis Presley, died at 54 after an apparent cardiac arrest.
  
  Tornadoes killed six people in Alabama and caused “significant damage” to Selma, the city’s mayor said.
  
  Nurses at two NYC hospitals returned to work after reaching a tentative agreement that would alleviate staffing shortages and boost pay. They had been on strike for three days.
  
  Mark your cal: The tax filing season begins Jan. 23, the IRS said.
  
  
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