USD/CHF stood at 0.87, up 0.23% on the day.

Market news: BP expects to start natural gas production at Trinidad’s Mento field in 2025.

Market news: ExxonMobil has begun overhauling the catalytic cracking unit and hydrocracking unit at its Baton Rouge, Louisiana, refinery.

The Dow once broke through the 38000.00 mark and was last at 37996.58, up 0.33% on the day. In terms of component stocks, Goldman Sachs (GS.N) led the way up 2.05%, while Apple (AAPL.O) rose nearly 1%.

Russian Foreign Minister Lavrov: Kiev resold some of the weapons provided by the West to the black market. It is unimaginable that Western governments have no idea about this.

Russian Foreign Minister Lavrov: Russia is willing to negotiate on the Ukraine issue, but the content of the negotiations will not be how to keep the Kiev authorities in power.

According to the Russian Sputnik Network: Hungarian Minister of Foreign Affairs and Foreign Economic Affairs Szijjarto said that Hungary will not participate in the European Peace Fund’s funding of arms supplies to Ukraine, but Hungary cannot and does not want to interfere with other countries.

Reuters survey: 70 economists surveyed agreed that the Bank of England will keep its benchmark interest rate unchanged at 5.25% on February 1. The Bank of England is expected to cut its benchmark interest rate to 5.00% in the second quarter of 2024, up from the third quarter forecast last month. The UK economy is expected to grow by 0.4% in 2024 and 1.2% in 2025, unchanged from the December survey.

German government sources: German government leaders hope to agree on a strategy for new natural gas power plants on Tuesday night.

Mexican President Lopez: He may meet with Texas lawmakers in the United States on Tuesday.

Ukrainian Defense Minister Umerov: Had a fruitful telephone conversation with the Belgian Defense Minister. Belgium will provide 611 million euros in military aid this year.

Market News: The Prime Minister of Trinidad and Tobago said that natural gas from Suriname and Guyana can also be processed and exported in Trinidad.

Trinidad and Tobago is negotiating with European countries to supply Venezuelan gas through Trinidad (to Europe).

WTI crude oil stood at $74/barrel, up 0.84% on the day.

Argentine energy company YPF once fell 14%, and the Argentine government excluded YPF from the privatization plan.

Market news: The European Union has added six more people and five entities to its sanctions list related to the situation in Syria.