Oil declined. “Recent developments in U.S. trade policy as well as the escalating tit-for-tat between U.S.-China on the trade front do not bode well for global growth,” OCBC said.
When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on how falling oil prices have increased the risk to dividends and share repurchases for the rest of 2025.
A growing number of sizable companies, from mining giants to energy majors, are embracing the hype for natural hydrogen. Analysts say the year ahead is expected to be a pivotal one for the sector, with industry players hoping their exploration campaigns can soon locate the elusive gas.
Oil edged higher in the early morning Asian session amid hopes for easing in the U.S.-China trade conflict.
Crude oil futures face mounting pressure as supply surplus fears grow. Traders prepare for more downside risks unless new bullish drivers emerge.
Plains All American Pipeline is a reliable proxy for U.S. crude production, making it a valuable indicator for market trends. Previously owned but exited due to price and yield considerations, maintaining interest due to its proxy status. The company's guidance and historical performance are strong indicators for future predictions.
Oil prices fall on rising OPEC+ output and trade war worries. Bearish oil outlook grows as supply builds and crude futures face key technical tests.
The boom in Dubai's luxury market continued into the first quarter, with wealthy buyers again driving record sales of homes valued above $10 million. Analysts have now warned that the UAE emirate's property sector could face more risks going forward.
Angola is running stress tests to gauge the potential fallout from a decline in oil prices on government finances, Finance Minister Vera Daves de Sousa said on Friday, adding that the situation made a request for an IMF loan programme more likely.
The U.S. is already the world's top oil and natural gas producer and output is expected to continue growing, although at a much slower pace.
Oil holds above $63 as Fed pivot hopes clash with OPEC+ supply fears and mixed trade signals.
Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and a possible ceasefire in the Russia-Ukraine war may raise supply at the same time conflicting U.S. tariff signals limit the demand outlook.