Tightening The Screws. The Energy Report 01/09/2026

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Tightening The Screws. The Energy Report 01/09/2026

blog.pricegroup

5 months ago

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Oil prices have bounced back following President Trump’s proposed Venezuelan oil sale, as markets are focused on how the bold takeover of the Venezuelan oil industry is putting pressure on other U.S. adversaries as well as a report that showed OPEC December oil production fell by 100,000 bpd month on month to 28.40 million bpd, led by drops with the issues with Iran and Venezuela.

Not only are we watching the possibility of a 50% tariff bill making its way through the House, which could sla...

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