China Southern Crude Oil Fund-A

Chinese bulk commodities futures open at night with significant price increases

603353

The IEA warns that the near-closure of the Strait of Hormuz has caused a significant supply shock in global energy markets, predicting a contraction in global oil demand by 420,000 barrels a day this year. Recovery of oil supply will be slow due to infrastructure damage and logistical issues, with a deficit expected until the final quarter of the year. The agency also notes that OPEC+ production has dropped to its lowest in over 35 years, while Brent crude prices remain high amid ongoing geopolitical tensions.

MorningStar

Occidental Petroleum

HSPC

BP p.l.c.

Global X MLP

F SAMSUNG OIL

F GX OIL

Pro Ultr Bloomberg Crude Oil

VanEck Oil Services ETF

China Universal CSI Oil & Gas Resources ETF

VanEck Oil Refiners ETF

SPDR O&G Ex & Prd

SPDR O&G Equip

GLOBAL X MLP & Energy Infra

ChinaAMC CSI Petrochemical Industry ETF

iShares US Oil & Gas Expl & Prod

ISHRS S&P Glb Engy

iShares US Oil Equip & Svcs

Bosera CSI Oil & Gas Resources Index ETF

Alerian MLP

United States Oil Fund LP

Guotai CSI Oil & Gas Industry ETF

VG Energy

Us Brent Oil

SPDR Energy Select

IEA Warns Recovery From Hormuz Supply Shock Will Take Months — Update

JPMorgan warns that global oil disruptions, which reached 13.7 million barrels per day in April, may keep inflation high into 2027. U.S. gas prices have surged to an average of $4.52 per gallon, indicating demand destruction. The bank predicts the Consumer Price Index (CPI) will remain above 3% until early 2027, with worst-case scenarios exceeding 5% if oil prices stay elevated.

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPMorgan warns oil shock may keep inflation high into 2027

Modern conflict does not always begin with missiles or troop movements. In the Persian Gulf, the fear of disruption can move oil prices, raise shipping costs, pressure governments, and turn uncertainty itself into a strategic weapon.

Penghua CNI Oil&Gas ETF

Harvest Crude Oil Fund(QDII-LOF)

E Fund Crude Oil Fund(QDII)-A(CNY)

How Iran can turn uncertainty into economic pressure

Oil prices rose on April 24 due to concerns over escalating military tensions in the Middle East, particularly after Iran's actions in the Strait of Hormuz. Brent crude futures increased by 1.8% to $107 per barrel, while West Texas Intermediate (WTI) rose by 0.8% to $96.61. The week saw significant gains, with Brent up 18% and WTI up 15%. Analysts warn that if peace talks fail, oil prices could reach new highs as key shipments remain blocked, leading to potential financial strain on commodities.

Businesstimes News

Thomson Reuters

Oil rises on concern over escalating Middle East tensions

European markets are expected to open lower despite Intel's 19% surge following a strong Q1 report. US President Trump announced a three-week extension of the Israel-Lebanon ceasefire and plans to work with Lebanon against Hezbollah. Meanwhile, tensions with Iran continue, with military plans being developed by the US in case the ceasefire fails. The situation remains volatile, with ongoing negotiations and military developments in the region.

- Israel remains on high alert for a potential renewed conflict this weekend, following reports of US support for Lebanon against Hezbollah.  
- President Trump announced a three-week extension of the Israel-Lebanon ceasefire and stated that the US will collaborate with Lebanon to enhance its security.  
- Meanwhile, geopolitical tensions escalated as US military plans to target Iran's defenses were discussed, and the stock market experienced fluctuations amid mixed trading signals influenced by these developments.

ZeroHedge

Intel

INTEL-T

SPDR S&P Semicon

GraniteShares 2x Long INTC Daily ETF

VanEck Vectors Semiconductor UCITS ETF Accum A USD

iShares Semiconductor ETF

VanEck Semiconductor ETF

Direxion Semicon Bull 3X

Europe set for lower open despite INTC surging 19% as crude remains elevated - Newsquawk EU Market Open

.VIX

On April 21, Wall Street experienced a downturn as geopolitical concerns resurfaced, following President Trump's interview where he stated he would not extend a ceasefire with Iran. This announcement led to a spike in the CBOE Volatility Index and a surge in oil prices, impacting transport and manufacturing stocks. Conflicting reports about peace talks in Pakistan added to market uncertainty, resulting in a 'risk-off' sentiment among investors. The initial optimism of the trading session faded, highlighting the volatility surrounding U.S.-Iran relations.

Invezz

Cboe Volatility Index

Pro Ultrshrt Crude Oil

NASDAQ Composite Index

S&P 500

Trump's 'great deal' or bombshell Iran attitude nukes stock market gains

Oil prices fell as optimism grew for an end to the Middle East conflict, following a ceasefire between Lebanon and Israel and potential U.S.-Iran talks. Brent crude dropped 1.35% to $98.05 a barrel, while U.S. West Texas Intermediate fell 1.74% to $93.40. President Trump indicated progress in negotiations, with Iran offering to limit nuclear capabilities. The closure of the Strait of Hormuz has disrupted about 13 million barrels per day of oil supply, impacting global markets.

Huaan CNI Oil&Gas ETF

ChinaAMC CNI Oil&Gas ETF

ING Groep

Oil falls on prospects for talks to end Iran war and revive supply

Investors were optimistic as they observed a potential route to peace, as the United States and Iran discussed proposals for Iran to halt its nuclear activities.

Unusual Whales

WisdomTree WTI Crude Oil 1x Daily Short

Oil prices fall, stocks rise as US-Iran trade proposals for Iran to halt nuclear activity, investors hopeful for peace.

WTI crude oil fell as much as 7.0% intraday to $92.13 per barrel. Brent crude oil dropped as much as 4.5% intraday to $94.86 per barrel

Wallstreetcn

China Southern Crude Oil Fund-A(501018.SH)

IEA Warns Recovery From Hormuz Supply Shock Will Take Months — Update

JPMorgan warns oil shock may keep inflation high into 2027

How Iran can turn uncertainty into economic pressure

Oil rises on concern over escalating Middle East tensions

Europe set for lower open despite INTC surging 19% as crude remains elevated - Newsquawk EU Market Open