No Data
No Data
After two consecutive days of significant declines, the market's oil price reports have all been "torn apart."
The Trump administration's tariff policy and OPEC+'s unexpected decision to increase production are a double blow, with the cumulative effect far exceeding market expectations.
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
How Is The Market Feeling About Texas Pacific Land?
Shares of Companies Within the Broader Financial Sector Are Trading Lower in Response to President Trump's Sweeping Liberation Tariffs and Retaliatory Responses. The Sector Is Now Facing Greater Macroeconomic Uncertainty and Recession Fears.
Brent oil has fallen to its lowest level since November 2021! Saudi Arabia's "patience" has run out, and OPEC+'s unexpected increase in production has shocked the market.
The Saudi Energy Minister stated that if the countries with excess production do not improve their performance, the increase in production in May will merely be the "appetizer." Goldman Sachs has lowered the oil price to $66 per barrel, while Citigroup and JPMorgan predict that Crude Oil Product prices will eventually fall to around $60 per barrel.
Amidst the tariff storm, the non-farm payroll report will be released tonight! Employment data is expected to slow down, how long will the Federal Reserve hold off?
The impact of the government's layoffs is beginning to show, with a slowdown in Consumer spending and signs of a freeze in corporate investment. April may become a critical turning point, and the current expectations in the Bonds and Futures market suggest that there is an 85% chance the Federal Reserve will keep interest rates unchanged in May.