Group 1 - Oil prices showed mixed performance during the morning Asian session [1] - U.S.-Iran tensions are expected to provide support for oil prices due to potential supply disruptions [1]

Core Viewpoint - Oil prices have edged lower during the morning Asian session, but tensions in Iran may provide support due to potential supply disruptions [1] Group 1 - Oil prices are experiencing a slight decline in the Asian market [1] - Tensions in Iran are highlighted as a potential factor that could disrupt oil supply [1]

Oil Market Dynamics - A fire at Kazakhstan's Tengiz field has led to supply disruptions, causing Brent crude prices to rise back to $65 per barrel [8] - The International Energy Agency (IEA) report may influence market sentiment, but prolonged supply issues from Tengiz could lead to further price increases [8] China Energy Sector - China's fossil-fuel power generation saw its first annual decline since 2015, with thermal electricity generation at 6.29 trillion kWh, down 1% year-over-year, despite coal output reaching a record 4.83 billion metric tonnes [3] - Power demand growth in China is slowing, with a 5% annual growth rate in 2025 compared to a 6.8% increase in 2024, while total electricity consumption surpasses that of the EU, Russia, India, and Japan combined [4] - Renewable energy sources accounted for over 60% of new installed generation capacity in 2025, bringing total installed capacity to 1,760 GW [4] Refinery Operations - China's refinery throughput reached a record high of 14.8 million barrels per day in 2025, marking a 4% increase from the previous year, driven by the expansion of private refiner Yulong and improved margins for state-owned refiners [10] Market Transactions - Mitsubishi has agreed to acquire Aethon Energy Management's Haynesville basin assets for $7.53 billion, significantly increasing its LNG equity production [5] - Equinor has discovered gas and condensate reserves of up to 28 million barrels of oil equivalent (boe) at its Sissel exploration well near the UK continental shelf [6] - Grupo Carso is set to purchase Lukoil's offshore assets in Mexico for $270 million [6] Geopolitical Developments - Syria's new government is regaining control over oil and gas fields in the northeastern provinces, consolidating approximately 100,000 barrels per day of crude output [11] - The Trump administration is working to expand Chevron's production license in Venezuela, where the company currently produces around 240,000 barrels per day [13]

Core Viewpoint - Oil prices declined during the early morning Asian session as tensions in the Middle East continue to diminish, which has alleviated concerns regarding potential supply disruptions [1] Group 1 - The easing of Middle East tensions has contributed to a decrease in oil prices [1] - Concerns over possible supply disruptions have lessened due to the fading tensions [1]

Core Viewpoint - Oil prices have increased for a second consecutive day, indicating a potential third weekly gain, driven by uncertainties regarding future supply from Venezuela and rising concerns about output due to unrest in Iran [1] Group 1: Oil Price Movement - Oil prices are on track for their third weekly gain, reflecting a positive trend in the market [1] - The increase in oil prices is attributed to uncertainties surrounding Venezuelan supply [1] - Concerns about Iranian unrest are contributing to fears regarding oil output in that region [1]

Core Viewpoint - Oil prices increased during the morning Asian session due to expectations of sanctions related to Russia that may disrupt supply [1] Group 1 - The rise in oil prices is attributed to potential sanctions against Russia [1] - Market sentiment is influenced by concerns over supply disruptions stemming from geopolitical tensions [1]

Oil inches higher as traders are more focused on short term effects of the Venezuela oil blockade than longer term supply additions. Trump’s Venezuela Shock Jolts Energy Markets Awake - Trump’s ouster of Venezuelan President Nicolas Maduro has breathed new life into stale oil markets, particularly for US equities that are believed to benefit from cheap Venezuelan crude. - Even though less than a week has passed so far in 2026, shares of US oil major Chevron are already up 8% since the beginning of the ...

Oil prices posted modest rises on Wednesday, extending gains from the previous session, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and Russia. ...

(Bloomberg) — Platinum (PL=F) soared to an all-time high, trading above $2,300 an ounce for the first time on tight supplies and historically elevated borrowing costs. The metal rose for a 10th straight session — its longest winning streak since 2017 — and has advanced more than 150% this year, the biggest annual gain since Bloomberg began compiling data in 1987. The recent surge has come as the London market shows signs of tightening, with banks parking metal in the US to insure against the risk of tarif ...

Wheat prices hovered near the highest level since mid-December as strikes on a Russian port raised the risk of supply disruptions from the Black Sea region https://t.co/BqHK0SLWKk ...