Bosera CSI Oil & Gas Resources Index ETF

PETROCHINA to release FY2026 Q1 earnings on April 29 During-Market (BJT), forecast revenue CNY 784.43 B, EPS CNY 0.27

Sinopec Corp. to Release FY2026 Q1 Earnings on April 28 After-Market (BJT), Forecast Revenue CNY 683.51 B, EPS CNY 0.115

NJTC FY2026 Q1 Earnings Release on April 28 After-Market (BJT)

Ocean Oil 166 Successfully Delivered to Beibu Gulf by China COSCO Shipping Zhiyuan Kou

CNOOC to Release FY2026 Q1 Earnings on April 28 Pre-Market (BJT), Forecast Revenue CNY 111.95 B

Sinopec to hold 2026 First H-Share AGM, Shareholders Vote on Share Repurchase

COSCO SHIPPING Energy to Release FY2026 Q1 Earnings on April 27 During-Market BJT, Forecast Revenue CNY 9.111 B

CNOOC Energy Development Delivers First Offshore Mobile Multi-functional Measure Platform

COOEC FY2026 Q1 Earnings Release Scheduled for April 25 After-Market BJT

CMES to Release FY2026 Q1 Earnings on April 25 Pre-Market (BJT), Forecast Revenue CNY 7.09 B, EPS CNY 0.2147

CNOOC Successfully Deploys Self-Developed 1500m Deep-Sea Drilling Riser System

Guanghui Energy to Release FY2025 Earnings on April 24 After-Market (BJT), Forecast Revenue CNY 39.85 B, EPS CNY 0.52

Guanghui Energy FY2026 Q1 Earnings Release on April 24 During-Market BJT

Geo-Jade Petroleum FY2025 Annual Earnings Release on April 23, 2026 After-Market (BJT)

Jereh Group released FY2025 Q4 earnings on April 16 After-Market (BJT), actual revenue CNY 5.803 B (forecast CNY 5.769 B), actual EPS CNY 0.8602 (forecast CNY 1.2128)

Jereh Group released FY2025 earnings on April 16 After-Market (BJT), actual revenue CNY 16.22 B (forecast CNY 16.57 B), actual EPS CNY 2.64 (forecast CNY 3.0006)

Jereh Group released FY2026 Q1 earnings on April 16 Pre-Market (BJT), actual revenue CNY 3.291 B (forecast CNY 2.94 B), actual EPS CNY 0.58

China Shipping Energy Holdings Executives Zhu Jianqian and Ni Yidan Plan to Reduce Stock Holdings

COSCO Energy Shipping and Subsidiary Plan to Sign Construction Contracts for Two Oil Tankers with Qidong Engineering

Sinopec Chairman Meets UAE Minister of Industry and Advanced Technology to Discuss Energy Cooperation

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Commodity trading firms are experiencing significant profits due to the volatility in oil markets caused by the Iran war. Major players like Vitol, Trafigura, Gunvor, and Mercuria are reporting exceptional margins, with profits of $20–$30 per barrel. The near-closure of the Strait of Hormuz has led to a scramble for supply, pushing prices up. While this environment is favorable for traders, it also presents challenges, including potential losses in derivatives and geopolitical uncertainties. Overall, the situation indicates extreme market dislocation rather than stability, with ongoing volatility likely to continue.

Investinglive

BP p.l.c.

HSPC

SPDR O&G Ex & Prd

iShares US Oil & Gas Expl & Prod

Pro Ultr Bloomberg Crude Oil

VanEck Oil Services ETF

Guotai CSI Oil & Gas Industry ETF

United States Oil Fund LP

VanEck Oil Refiners ETF

SPDR O&G Equip

SPDR Energy Select

iShares US Oil Equip & Svcs

F GX OIL

Us Brent Oil

China Universal CSI Oil & Gas Resources ETF

VG Energy

Mercuria Holdings Co., Ltd.

Commodity traders reap billions as Iran war drives oil market volatility (ps. its the job)

Oil futures have risen for the third consecutive session due to the closure of the Strait of Hormuz, following Iran's actions against vessels and ongoing U.S. sanctions. U.S. crude oil stockpiles increased by 1.9 million barrels, surpassing the five-year average. GE Vernova has raised its outlook amid rising demand from data centers. Meanwhile, countries like China, Japan, and South Korea are managing the energy crisis effectively. Halliburton reported a profit increase driven by steady service demand, while U.S. gasoline prices remain lower than in Europe and Asia despite overall elevated costs.

MorningStar

Occidental Petroleum

Halliburton

GE Vernova

ISHRS S&P Glb Engy

ChinaAMC CSI Petrochemical Industry ETF

Exxon Mobil

Chevron

TotalEnergies SE

Dow Jones Top Energy Headlines at 4 PM ET: Oil Futures Rise As Strait of Hormuz Stays Closed | Secretive ...

Iran's President Masoud Pezeshkian stated that breaches of commitments, blockades, and threats hinder genuine negotiations. He emphasized Iran's openness to dialogue and the need for both sides to drop sanctions for a peaceful resolution. Despite ongoing tensions, the stock market appears optimistic, even as oil prices rise.

Invesco DB Multi Sector Comm TR Oil Fd ETF

Iran President:  Breach of commitments, blockade and threats are main obstacles to talks

US Treasury Secretary Bessent stated that gasoline prices could be lower than before the Iran war (initiated by the US and Israel). The Iran conflict will end, and gasoline prices will fall. President Trump has proven himself very capable of reducing energy costs

Wallstreetcn

iShares US Energy

Bessent: Trump is Very Good at Reducing Energy Costs

SHEL

Reuters

Shell

Lukoil

Oil company LUKOIL PJSC Sponsored ADR

E Fund CSI Petrochemical Industry ETF

Tortoise N Americ Pipe

Shell plc ADRhedged

Alerian MLP

First Trust North American Energy Infra Fd

Invesco Great Wall CNI Oil&Gas ETF

Global X MLP

S&P Global

Asia Naphtha/Gasoline-Margins climb to weekly highs as Brent softens in early Asian trade

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China's major state-owned oil companies, including Sinopec and Sinochem, have begun selling crude oil for May loadings amid reduced refinery rates due to high oil prices and limited supply from the Middle East. Sinopec has cut its processing rates by 10%, equating to about 500,000 barrels daily, while private refiners face pressure to maintain fuel supply or risk losing import quotas. China's refinery operations have dropped below 70% capacity, the lowest since June 2022, as refiners respond to supply chain disruptions and government mandates.

Baystreet

Sinopec Corp.

PETROCHINA

SINOPEC CORP

China’s Oil Giants Begin Selling Crude as Refinery Cuts Deepen

Iran fired on three ships in the Strait of Hormuz, seizing two, escalating tensions in a key shipping route. This follows a U.S. ceasefire extension amid ongoing blockades. The conflict has significantly impacted global oil prices, with Brent crude nearing $100 a barrel. The European Union warns of lasting economic effects, costing Europe €500 million daily. Meanwhile, Iranian leaders are poised for tough negotiations with the U.S., while maritime threats persist, deterring shipping traffic. The situation remains uncertain, with calls for clarity on the ceasefire's future.

Business Standard

Iran fires on 3 ships, seizes two in Hormuz, escalating crisis further

The activity index for small and medium-sized enterprises in the first quarter of 2026 is 51.6, marking four consecutive quarters of expansion, despite challenges such as energy costs and logistics disruptions caused by geopolitical tensions in the Middle East. A survey by OCBC Bank shows that business owners are becoming more cautious about their outlook for the next six months, with confidence weakening. Some small and medium-sized enterprises are responding to cost pressures by optimizing transportation and expanding fuel supply networks

Zaobao

OCBC Bank

Under the Middle East conflict, small and medium-sized enterprises have expanded for four consecutive quarters, but the outlook is becoming cautious | Lianhe Zaobao

The Gallup poll reveals Congress's approval rating has plummeted to 10%, with 86% of respondents disapproving of lawmakers' performance. This rating is just above the all-time low of 9% recorded in November 2013. The survey coincides with a prolonged government shutdown at the Department of Homeland Security, amid ongoing disputes over immigration reforms. Senate Republicans have proposed a budget plan to fund immigration enforcement agencies. Additionally, rising energy prices due to U.S.-Iran tensions have affected public sentiment, with the president's economic approval rating dropping to 30%.

- A recent Gallup poll shows Congressional approval has dropped to just 10%, with 86% of respondents dissatisfied with the performance of bipartisan federal legislators.  
- This approval rate is slightly above the historical low of 9% recorded in November 2013 during a 16-day government shutdown, which occurred again after a shutdown last year, dropping approval to 14%.  
- The poll was conducted during a prolonged government shutdown by the Department of Homeland Security, amid ongoing debates over immigration enforcement reform proposals.

Thehill

iShares S&P Global Clean Energy

Approval of Congress falls to just 10 percent: Gallup

President Donald Trump's indefinite ceasefire has caused confusion in financial markets, raising fears of a prolonged conflict with Iran. Despite initial expectations for a brief war, the situation has escalated, with Trump facing pressure to negotiate a deal that may yield unfavorable terms. His inability to achieve initial goals, coupled with domestic dissent and potential electoral repercussions, leaves him with limited options. The ongoing crisis poses risks to regional stability and could impact global oil supply, as differing objectives between the US and Israel complicate the situation further.

Invezz

F SAMSUNG OIL

New York Times

President Donald Trump is trapped with no good options left

BOIL

The Trump administration is considering extending a maritime shipping waiver that facilitates the movement of oil and petrol between US ports amid global energy supply strains due to the Iran war. The waiver, which exempts certain shipping requirements under the Jones Act, is set to expire in May. Over 40 tankers have utilized the waiver, allowing approximately nine million barrels of American oil to reach various states. Despite this, global energy prices have surged, with Brent crude rising nearly 36% and domestic petrol prices increasing by 35%.

Businesstimes News

Us Gasoline

First Trust Natural Gas ETF

Us Natural Gas

Us 12 Mth Natural Gas

Pro Ultr Natural Gas

Trump weighs shipping waiver renewal to ease oil, gas prices

2 Warren Buffett Dividend Stocks to Scoop Up in April

Barchart Option

VG Financial

Financial Select Sector SPDR Fund

Fidelity MSCI Financials Index

2 Warren Buffett Dividend Stocks to Scoop Up in April

Markets experienced volatility due to uncertainty surrounding US/Iran talks, with equities declining and oil prices rising. President Trump extended the ceasefire but maintained the blockade on Iran, leading to mixed signals in the market. Retail sales showed a strong increase, largely driven by a significant rise in gasoline sales. Fed Chair nominee Kevin Warsh emphasized the importance of Fed independence and a smaller balance sheet. Overall, the market remains sensitive to geopolitical developments and economic indicators.

ZeroHedge

Markets volatile to prospect of US/Iran talks while Trump extends ceasefire - Newsquawk US Market Wrap

WTI May crude oil futures settled at $92.13 per barrel, NYMEX May natural gas futures settled at $2.6970 per million Btu, NYMEX May gasoline futures settled at $3.2098 per gallon, and NYMEX May heating oil futures settled at $3.7288 per gallon

Range Global LNG Ecosystem ETF

GLOBAL X MLP & Energy Infra

Global X U.S. Natural Gas ETF

Invesco Oil & Gas Services ETF

WisdomTree Heating Oil

The national average price for a gallon of regular gas has decreased for the eighth consecutive day, now at $4.022 per gallon, as reported by AAA. This decline follows a period of rising fuel costs attributed to the military conflict involving the United States, Israel, and Iran that began on February 28.

Gas prices: Decrease at the pumps for eighth consecutive day

Bosera CSI Oil & Gas Resources Index ETF(561760.SH)

Bosera CSI Oil & Gas Resources Index ETF Stock Performance Chart

Commodity traders reap billions as Iran war drives oil market volatility (ps. its the job)

Dow Jones Top Energy Headlines at 4 PM ET: Oil Futures Rise As Strait of Hormuz Stays Closed | Secretive ...

Iran President: Breach of commitments, blockade and threats are main obstacles to talks

Bessent: Trump is Very Good at Reducing Energy Costs

Asia Naphtha/Gasoline-Margins climb to weekly highs as Brent softens in early Asian trade