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• DAILY OIL PRICE: January 6, 2026
  Crude Oil: 57.13   (-1.19)....
  
  
  • Crude Oil: 57.13   (-1.19).
  
  
  • Nymex MTD AVG: 57.4717.
  
  
  • Natural Gas: 3.350   (-0.173).
  
  
  • Gasoline: 1.7006   (-0.0194).
  
  
  • Spreads: February/March (+0.19)     March/April (+0.17).
  
  
  • Plains WTI Posting: 53.61   (-1.19).
  
  

  
  Source: Odessa American
  
  
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• Dow closes above 49K for first time as U.S. stocks continue strong start to 2026
  U.S. stocks finished higher on Tuesday, with the Dow...

  U.S. stocks finished higher on Tuesday, with the Dow Jones Industrial Average closing above the 49,000 threshold for the first time ever amd the S&P 500 also logging an all-time closing high.

  
  

  The Dow Jones rose around 485 points, or nearly 1%, to end near 49,462, a new record close. The blue-chip index has risen for three consecutive trading sessions and registered its largest three-day point gain since April, according to Dow Jones Market Data.

  
  

  The S&P 500 was up 0.6% to finish at around 6,944, also a new record. It was the best day for the large-cap benchmark index since Dec. 19.

  
  

  The Nasdaq Composite advanced 0.7%, ending near 23,547.

  
  

  The stock market has started the new year on a strong footing following the sudden U.S. military operation over the weekend that captured Venezuelan President Nicolás Maduro. Energy stocks retreated after surging on Monday, while healthcare, materials, and industrials led on Tuesday.

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• A Moneymaking Opportunity in Venezuela?
  Down the street from the courthouse where Maduro was arraigned, Wall...
  Down the street from the courthouse where Maduro was arraigned, Wall Street appeared to brush off concerns about geopolitical instability arising from the forced ouster of a world leader:
  

  
  
  • US oil stocks like ExxonMobil and Chevron rallied, reflecting optimism as President Trump promised that US oil companies will regain access to Venezuela’s petro riches, although experts note that revitalizing Venezuela’s dilapidated drilling infrastructure would take years and require enormous investments.
  
  
  • US and European defense stocks also soared yesterday, with analysts predicting Uncle Sam’s surprise military intervention will spur countries to boost military spending.
  
  

  
  Meanwhile, some swashbuckling merchants are already typing “Caracas” into Google Flights. Charles Myers, who chairs the consulting firm Signum Global Advisors, told Business Insider he plans to travel to Venezuela’s capital along with 20 US investors. Myers said that aside from oil and gas, he also sees “massive opportunities in construction, in tourism” with up to $750 billion in foreign investment potential over the next five years.
  
  Looking ahead…Venezuela’s business climate will depend on the stability of its recently decapitated government, now headed by Maduro ally Delcy Rodríguez, who was sworn in as interim president yesterday. Trump told reporters that Secretary of State Marco Rubio has been talking with Rodríguez and that she’s willing to do “whatever the US asks.”
  
  Source: Morning Brew
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• U.S. cements lead as world's largest LNG exporter
  In 2025, the US became the first nation to export over 100 million metric...
  In 2025, the US became the first nation to export over 100 million metric tons of liquefied natural gas in a single year, reaching a total of 111 million metric tons, according to preliminary LSEG data. This milestone was achieved through record-setting monthly shipments, including a December peak of 11.5 million metric tons, and represents a significant leap from previous years. Additional capacity is expected in 2026, with new plants and expansions anticipated to further boost output.
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• Vistra Buys Quantum’s Cogentrix Energy for $4B
  Vistra Corp. has agreed to buy Quantum...

  Vistra Corp. has agreed to buy Quantum Capital Group’s Cogentrix Energy for $4 billion net, the power generation company said Jan. 5.

  
  

  Cogentrix’s assets consist of 10 modern natural gas generation facilities totaling approximately 5,500 megawatts (MW) of capacity.

  
  

  The deal includes three combined cycle gas turbine facilities and two combustion turbine facilities across the 13-state PJM region, four combined cycle gas turbine facilities in ISO New England and one co-generation facility in ERCOT in Texas.

  
  

  Vistra will pay Quantum Capital Group $2.3 billion in cash and 5 million shares of common stock totaling $900 million. Vistra will also assume $1.5 billion in Cogentrix debt, less approximately $700 million of net present value of tax benefits from the deal.

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