Viewpoint | Countdown to the election, Trump's trade makes a comeback.
It is not difficult to find from the recent market trends that the trading logic dominated by 'rate cut trade' has quieted down after the first rate cut by the Federal Reserve, while the Trump trade centered around 'tax cuts + easing' is making a comeback.
IEA: Oil market to be in oversupply by 2025
The latest monthly report from the IEA shows that if OPEC+ maintains production unchanged, the oil market will still be oversupplied by 2025.
IEA Trims Oil-Demand Forecast for Third Consecutive Month -- Update
Express News | Occidental Petroleum Down 2.3%
Express News | SLB Down 2.2%, Baker Hughes Down 4%
Express News | Exxon Mobil Down 2.2%, Chevron Down 2.1%