Bosera CSI Oil & Gas Resources Index ETF

Jilin Governor Hu Yuting Meets CNPC Chairman Dai Houliang to Discuss Deepening Cooperation in Green Energy and Other Fields

COSCO SHIPPING Energy Transporting to Lease 4 VLCCs for 60-63 Months with Rental of approx. 2.7 Billion RMB

Sinopec Launches Domestic 'Aipao 103' Racing Fuel Filling High-Performance Gap

CNOOC Hainan Branch Builds Largest Offshore Gas Field, Annual Oil & Gas Output Exceeds 10 Million Tonnes

COSCO Shipping Two Vessels Successfully Pass Through Strait of Hormuz

Sinopec Achieves Major Breakthrough in Shale Gas Exploration in Sichuan Basin

Kunlun Tongzhou Bay Strategic New-Economy Equity Investment Fund Established, with a Capital of 1 Billion Yuan

CNOOC Boosts Offshore Output and Reopens Huizhou Steam Cracking Unit

Kunlun GONGRONG Dianhang Strategic New Fund Partnership Established

BOCI Raises PetroChina Target Price to HKD12.85 and Maintains Buy Rating

BOC International Raises Profit Forecast for CNOOC 2026-2028

HSBC Research Maintains Buy Rating and Upgrades Target Price for PetroChina H Shares

BOC International Upgrades Sinopec Stock Target Price and Adjusts Brent Oil Forecast

China Everbright Securities Publishes Report Analyzing PetroChina's Q1 2026 Earnings at New High

China Authorizes State-owned Refiners to Export 5 Million Tons of Fuel to Alleviate Supply Issues

CLSA Reports: PetroChina's First Quarter Performance Robust, Stronger Q2 Growth Expected

JPMorgan Upgrades CNOOC EPS Forecast and Maintains Rating

CLP and CNOOC Sign Memorandum to Deepen Energy Cooperation

China National Petroleum Corporation Holds Meeting to Emphasize Supply Security and External Challenges

601857

SHEL

Oil production at Kazakhstan's Kashagan field reached 1.57 million tons in April, 6.6 mln tons year to date - NCOC consortium

Unusual Whales

PETROCHINA

TotalEnergies SE

Shell

Exxon Mobil

SPDR O&G Ex & Prd

E Fund CSI Petrochemical Industry ETF

VG Energy

China Universal CSI Oil & Gas Resources ETF

Shell plc ADRhedged

SPDR Energy Select

ISHRS S&P Glb Engy

United States Oil Fund LP

iShares US Oil & Gas Expl & Prod

ChinaAMC CSI Petrochemical Industry ETF

Invesco Great Wall CNI Oil&Gas ETF

Oil production at Kazakhstan's Kashagan field reached 1.57 million tons in April, 6.6 mln tons year to date - NCOC consortium

603353

Republican senators are expressing skepticism about President Trump's potential request for funding the Iran war, citing a lack of a clear plan to end the conflict. They warn that additional funding may not pass unless Trump seeks formal authorization. Some GOP senators have voted with Democrats to limit Trump's war-making authority, reflecting growing public pressure against the war. The situation is complicated by the ongoing conflict and rising fuel prices, leading to calls for a clearer strategy from the administration. Senators emphasize the need for answers before approving further funding.

Thehill

Occidental Petroleum

HSPC

iShares US Oil Equip & Svcs

Pro Ultr Bloomberg Crude Oil

VanEck Oil Refiners ETF

Us Brent Oil

SPDR O&G Equip

Guotai CSI Oil & Gas Industry ETF

VanEck Oil Services ETF

GOP senators warn Iran war funding faces uphill climb

Iran has allowed selective passage for specific tankers, including two Iraqi supertankers, through the Strait of Hormuz due to bilateral agreements. Meanwhile, the U.S. has expanded its 'Economic Fury' campaign, imposing sanctions on IRGC-linked oil networks and freezing $344 million in cryptocurrency associated with Iran's central bank. This situation is contributing to a rapid decline in global oil inventories, exacerbated by Middle Eastern output cuts and ongoing tensions in Hormuz, leading to increased price volatility in the energy market.

Iran allows selective tanker passage through Hormuz amid sanctions push

Oil prices surged due to the Iran conflict disrupting Persian Gulf shipments, leading to increased global energy costs. The April CPI rose 3.8% year-over-year, with energy contributing over 40% to the monthly increase. Consequently, market expectations have shifted, with no anticipated rate cuts in 2026 and a possibility of rate hikes if inflation persists.

BP p.l.c.

F SAMSUNG OIL

F GX OIL

Hot inflation and Iran standoff rattle markets, lift oil

Inflation has outpaced wage growth for the first time since 2023, with real wages falling 0.2% year-over-year as of April. The disruption of oil exports due to the Iran war has led to increased fuel costs, contributing to higher prices for food, housing, and transportation. This rising inflation, coupled with a stable labor market, presents a dilemma for the Federal Reserve regarding interest rate decisions, with some analysts predicting a higher likelihood of rate hikes in 2026.

- April data indicates that real wages decreased by 0.2% year-over-year as inflation exceeded pay growth for the first time since 2023.  
- The disruption of oil exports due to the Iran war has increased fuel costs, contributing to rising prices in food, housing, and transportation.  
- The persistent inflation alongside a stable labor market presents challenges for the Federal Reserve regarding interest rate decisions, with an increased likelihood of rate hikes in 2026 suggested by some analysts.

Vanguard Short Terms Inflation Protected Securities

Us Natural Gas

Pro Ultr Natural Gas

iShares 0-5 YR Tips Bd

iShares TIPS Bd

Vanguard Total Inflation Protd Secs ETF

First Trust Natural Gas ETF

Us 12 Mth Natural Gas

Inflation surge erases wage gains for first time since 2023

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

Global X MLP

GLOBAL X MLP & Energy Infra

China Southern Crude Oil Fund-A

Alerian MLP

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

Iran's Ebrahim Rezaei warns that uranium enrichment could reach 90% purity if attacked again, escalating nuclear tensions. Reports confirm a UAE strike on an Iranian refinery in 2026, leading to Iranian missile and drone retaliation. Ongoing disputes over the location and control of Iran's enriched uranium complicate stalled negotiations with the US.

Proshares Big Data Refiners ETF

Iran warns of 90% uranium enrichment after UAE strike report

Global markets are experiencing a downturn as hopes for a U.S.-Iran ceasefire fade, with Trump stating it is "on life support" after Iran rejected a proposal, causing oil prices to surge. Additionally, U.S. inflation reached a three-year high of 3.8% year-over-year in April, primarily due to rising energy costs. This has led to a decline in global equities as concerns grow over sustained inflation and tighter monetary policies.

NASDAQ Composite Index

Global markets slide as US.-Iran peace hopes fade, inflation spikes

US and India experienced significant inflation increases in April, driven by surging oil prices due to Middle East conflicts. This energy shock contributed notably to the rise in the US Consumer Price Index (CPI). Central banks are now faced with challenges, as the likelihood of Fed rate cuts in 2026 diminishes, while the Reserve Bank of India maintains its current stance. Economists caution that rising fuel costs may lead to broader price increases across various goods and services, further straining household budgets.

- April inflation in the US and India increased significantly due to rising oil prices linked to the Middle East conflict, impacting the US Consumer Price Index.  
- Central banks are faced with a challenging situation as temporary shocks may become permanent, with the Fed unlikely to cut rates in 2026 and the RBI maintaining current policy.  
- Economists caution that elevated fuel prices may elevate costs across a variety of goods and services, further straining household budgets.

US and India inflation hit multi-year highs on energy surge

Consumer prices in the US rose 3.8% in April 2023, the fastest increase since May 2023, driven by surging energy costs due to the ongoing conflict in the Middle East. The core index, excluding food and energy, also increased by 2.8%. Higher fuel prices are impacting transportation and grocery costs, with petrol prices exceeding $4.50 per gallon. Business leaders expect inflation to average 3.7% over the next year. The Federal Reserve may reconsider interest rate cuts due to these inflationary pressures, despite previous expectations for cuts in 2026.

- In April, consumer prices in the United States increased by 3.8 percent year-over-year, the highest rate since May 2023, primarily due to rising energy costs linked to the Middle East conflict.  
- The core consumer price index, excluding food and energy, rose 2.8 percent, indicating persistent inflationary pressures affecting transportation and grocery prices.  
- Business leaders anticipate inflation at 3.7 percent over the next year, while the Federal Reserve's consideration for interest rate cuts has weakened due to the inflation increase and strong job reports.

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

Oil production at Kazakhstan's Kashagan field reached 1.57 million tons in April, 6.6 mln tons year to date - NCOC consortium

GOP senators warn Iran war funding faces uphill climb

Iran allows selective tanker passage through Hormuz amid sanctions push

Hot inflation and Iran standoff rattle markets, lift oil

Inflation surge erases wage gains for first time since 2023