World Oil's Daily Brief

World Oil's Daily Brief


Daily Brief, Wednesday, January 8th, 2020

January 08, 2020

Today's topics include:
- The recent oil rally is cooling, after Iran's foreign minister said they are not seeking an escalation or war following last night's strikes on U.S. bases in Iraq;
- OPEC seeks to reassure the oil markets amid spiking Mideast tensions;
- With Vladimir Putin standing at his side, Turkish president Recep Tayyip Erdogan offers to diffuse the U.S.-Iran standoff