Will Asia welcome the "oil price dividend"?

International oil prices have dropped by $12 per barrel since the beginning of 2025. Morgan Stanley believes that if this decline continues, the Crude Oil Product burden in Asia will decrease from the current 3.1% to 2.3%. For every $10 per barrel drop in oil prices, the overall current account balance in Asia is expected to improve GDP by 0.4 percentage points.

wallstreetcnMay 7 02:02 ET

After ongoing fluctuations, the market may be nearing a directional choice, with the AI, Siasun Robot&Automation, and other Technology growth sectors likely to rebound.

Looking back at the market situation before the festival, the market has been in a state of fluctuating consolidation, and the atmosphere of market observation remains quite strong.

cls.cnMay 5 21:24 ET

Saudi Arabia is waging a price war, and two major US Shale Oil giants have announced cuts in capital expenditures. Has the production of Shale Oil in the USA reached its peak?

The major USA shale oil companies Diamondback Energy and Coterra Energy have both stated that they will reduce their capital budgets for 2025 and decrease the number of drilling rigs. Diamondback Energy CEO Travis Stice warned: "Due to the reduction in drilling rigs, the USA onshore oil production is likely to have peaked and will begin to decline this quarter."

wallstreetcnMay 5 21:09 ET

OPEC Just Created The Income Trade Of The Decade

BenzingaMay 5 15:36 ET

The volume and price of the container shipping business both rose, and COSCO Shipping Holdings' net income in Q1 increased by over 73% | Earnings Reports news.

Due to the increase in cargo volume and unit revenue in the container shipping Business, COSCO Shipping Holdings performed remarkably, with Q1 revenue increasing by 20.05% year-on-year and net income attributable to shareholders soaring by 73.12% year-on-year.

wallstreetcnApr 29 12:22 ET

COSCO Shipping Holdings: Net profit in the first quarter increased by 73% year-on-year, as the container shipping market continues to recover.

COSCO Shipping Holdings' net profit in the first quarter increased by 73% year-on-year, with key highlights of the continued recovery of the container shipping market. Financial highlights: Revenue in Q1 2025 is 579....

wallstreetcnApr 29 07:46 ET