ProShares UltraShort Energy

Sobr Safe

Omeros

Northann

AMC Robotics

Euda Health

Dynavax Tech

Multi Ways

Indaptus Therapeutics

Sidus Space

Kandal M Venture

USEG

Dubai crude prices rose to a one-month high due to Venezuelan oil export disruptions. The U.S. seized the supertanker Skipper, affecting Venezuelan exports. Cash Dubai's premium increased to 70 cents a barrel. U.S. energy firms added rigs, and Russian ESPO Blend crude discounts widened. Russian attacks in Ukraine caused power cuts. For detailed crude prices and refining margins, refer to the provided RICs.

Reuters

U.S. Energy

Middle East Crude-Dubai rises to over one-month high

Oil futures edged lower after making big gains yesterday on the U.S.’s tightening of the blockade of tankers entering or leaving Venezuela.

Oil futures slip with Venezuela, Russia-Ukraine in focus

Oil prices increased due to potential supply disruptions from Venezuela and Russia. The U.S. Coast Guard's attempt to intercept an oil tanker near Venezuela and Ukraine's damage to Russian vessels heightened supply risks. Brent crude futures rose by $1.47, or 2.4%, reaching $61.94 a barrel.

Oil prices rise on risk of disruptions to Venezuela, Russia supply

Oil prices rose as the U.S. intensified its crackdown on oil tankers off Venezuela, seizing a second tanker and pursuing a third. West Texas Intermediate and Brent crude prices increased due to heightened geopolitical risks. The U.S. aims to curb illicit oil flows financing criminal activity, while Venezuela condemns the actions as piracy. The situation may lead to price volatility if Venezuelan exports are disrupted.

Baystreet

Oil Prices Rise as the U.S. Escalates Its Tanker Crackdown Off Venezuela

Oil prices remained stable as the market anticipates news on a potential Russia-Ukraine peace deal and global interest rate decisions. Despite concerns over a U.S. blockade of Venezuelan tankers, Brent futures slightly increased by 0.2% to $59.95 per barrel.

Oil prices little changed as market waits for news on possible Russia-Ukraine peace

DUG Technology Ltd has received a Buy rating from Caleb Weng, bolstered by a significant contract with Petronas expected to enhance earnings from FY26. The contract, with an EBIT margin of 40-45%, indicates strong demand and potential for renewals, while an upfront payment will support capital expenditures. This win validates DUG's technology leadership. Wilsons also maintains a Buy rating with a price target of A$2.86, highlighting an attractive entry point for investors.

Tip Ranks

Promising Growth for DUG Technology Ltd: Buy Rating Backed by Major Petronas Contract and Strong Market Position

Oil futures are declining ahead of the OPEC+ meeting, with analysts skeptical about output increases. Malaysia's renewable energy sector is expected to grow due to supportive policies, with Solarvest as a top pick. Tenaga Nasional's tax issues are largely priced in, maintaining a buy rating. DUG Technology's contract with Petronas is projected to boost earnings significantly, leading to an increased price target. Overall, analysts anticipate OPEC+ will maintain current output levels amid market uncertainties.