Under the impact of the trade war, oil prices have plummeted, and Canadian drillers are turning to Henry Hub Natural Gas.

Due to the tensions in Global trade and OPEC+ exceeding expectations for production increases, Crude Oil Product prices have been severely impacted, leading drilling companies in the Canadian energy hub of Alberta to shift their focus towards Henry Hub Natural Gas.

Zhitong FinanceApr 28 09:29 ET

Oil Stuck in Narrow Range as OPEC+ Supply Hike Looms

MT NewswiresApr 28 08:50 ET

Sinopec's Q1 revenue decreased by 6.9% year-on-year, while net profit attributable to shareholders plummeted by 27.6% | Earnings Reports Insights.

Under the dual pressure of falling international oil prices and weak downstream demand, the profitability of the group's refining Sector has significantly narrowed, and the chemical Sector recorded a loss of 1.321 billion yuan in Q1. Exploration and development remain Sinopec's "ballast", achieving an EBITDA of 13.631 billion yuan, but this profit has also declined compared to the past few quarters.

wallstreetcnApr 28 08:08 ET

Oil Outlook Clouded by Trade Talks, OPEC+ Supply Uncertainty -- Market Talk

WSJApr 28 03:37 ET

OPEC+ Could Pump More Oil in June, DNB Markets Says -- Market Talk

WSJApr 24 05:09 ET

Weekly Crude Inventories Rise Less Than Projected; Oil Prices Fall

MT NewswiresApr 23 15:35 ET