Market news: The United States proposes to impose methane fees on large oil and gas operations to comply with Iraqi climate laws.

Federal Reserve: Interest income to the Federal Reserve will be $163.8 billion in 2023, down from $170 billion in 2022.

Federal Reserve: Interest expenses will be $281.1 billion in 2023, an increase from $102.4 billion in 2022.

Federal Reserve: The Reserve Bank will have a net loss of US$114.3 billion in 2023 and a profit of US$58.8 billion in 2022.

Turkish Defense Ministry: Five soldiers were killed and eight injured in clashes with Kurdish militants in northern Iraq.

Citigroup (CN) CEO: Will announce the next phase of its restructuring plan during the week of January 22.

According to the Wall Street Journal: The SEC has not yet responded in writing to Shein’s IPO application.

The UK Maritime Trade Operations Office (UKMTO) has received multiple reports of small boats approaching commercial vessels southeast of Aden, Yemen.

White House Deputy Press Secretary Bates: Government agencies are preparing for a possible shutdown.

The Federal Reserve accepted a total of $603.161 billion from 70 counterparties in fixed-rate reverse repurchase operations.

Baker Hughes Oilfield Services: U.S. drillers cut oil and gas drilling equipment for the second week in a row.

White House: We are not interested in the Yemen conflict or any conflict.

The total number of natural gas rigs drilled in the United States in the week to January 12 was 117, compared with the previous value of 118.

White House: The United States is still assessing the damage from the Houthi armed attack in Yemen.

Citigroup (CN) CEO: layoffs will save the company $2 billion to $2.5 billion in the medium term.

Citigroup (CN) CEO: The company expects to conduct a modest amount of share repurchases in the first quarter.

Spot palladium fell 2.00% on the day and is now at $970.55 per ounce.

Brent crude oil hit $78 per barrel, down 0.10% on the day.

Terra co-founder Do Kwon said he may be extradited to the United States before mid-March.