US EIA Weekly Crude Production 13.215M (Prev. 13.696M)
The latest EIA report shows a decline in U.S.
Trump on China: "Just completed an excellent telephone conversation with President Xi, of China. It was a long and thorough call, where many important subjects were discussed, including Trade, Military, the April trip that I will be making to China"
UBS (UBSG SW) exec says they expect Q1 expectations to remain on track and personal and corporate banking to remain broadly stable in USD terms
US EIA Weekly Crude Production 13.215M (Prev. 13.696M)
AbbVie (ABBV) exec says that they have plenty of firepower to pursue both early and late stage M&A opportunities
US Treasury Secretary Bessent says they must avoid temptation of a zero-risk financial system
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crude production to 13.215 million barrels per day from the previous 13.696 million. This drop could signal tightening supply dynamics, which may support higher oil prices if demand remains steady. Traders should watch for potential impacts on WTI and Brent futures as this might influence overall market sentiment and inflation expectations.
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