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Real-time News
August 29th - At 11:20 AM local time today (August 29th), Nigers national television broadcast a statement from the Niger Ministry of Defense stating that the situation was under control and urging the public to resume normal life. From early this morning (August 29th), the Niger capital, Niamey, experienced a night of intense gun battles. According to sources, the conflict was a mutiny orchestrated by young officers within the Niger Armed Forces. The rebel forces converged on Niamey from both Tillabéri and Doso, launching multiple attacks and targeting key facilities such as the presidential palace, Diori Hamani International Airport, and Nigers national television station, causing a temporary interruption of broadcasting by Nigers national television station.August 29th - It is predicted that from 20:00 on August 29th to 20:00 on August 30th, there is a high probability of flash floods in parts of southern Hunan and northeastern Guangxi (orange alert), with a very high probability of localized flash floods (red alert). The counties (cities, districts) affected by the alert are shown in the table below. Other areas may also experience flash floods due to localized short-duration heavy rainfall. All localities are advised to pay attention to real-time monitoring, flood warnings, and evacuation and shelter measures.The Iraqi Kurdistan Regional Government stated that oil companies have resumed operations, pushing oil production up to approximately 230,000 barrels per day.August 29th - Niamey, the capital of Niger, experienced intense gun battles overnight starting in the early hours of today (August 29th) local time. According to sources, the conflict stemmed from a mutiny orchestrated by young officers within the Nigerien Armed Forces. The rebel forces converged on Niamey from both Tillabéri and Doso, launching multiple attacks targeting key facilities such as the presidential palace, Diori Hamani International Airport, and Nigers national television station. Sources indicate that the offensives against the national television station and the presidential palace have been repelled, but clashes continue around Air Force Base 101 near the airport, with both sides still exchanging heavy fire. Nigers national television station, which had previously experienced a signal outage, has resumed broadcasting.According to TASS, Russia says it has captured Novoandryvka in the Donetsk region of Ukraine.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Test New Highs

Cory Russell

Jan 18, 2023 16:09

Natural Gas

Natural gas settled near the $3.60 level as traders remained focused on weather forecasts. The current market consensus implies that weather will turn colder closer to the end of the month. However, it remains to be seen whether forecasts will provide additional support to natural gas markets in the near term as current demand for natural gas remains low.

WTI Oil

WTI oil tested new highs today as traders bet on rising demand from China. In its latest report, OPEC said that world demand will grow by 2.22 million bpd in 2023. However, this estimate could be revised as the fourth quarter of 2022 was stronger than expected.

Brent Oil

Brent oil has also enjoyed strong support in today’s trading session. While resistance near the $87 level remains strong, Brent oil will have a good chance to climb above this level if traders stay focused on rising demand from China.