Saudi Arabia's crude oil production has reportedly fallen to a 36-year low, marking the worst record since the Gulf War.

① Saudi Arabia's crude oil daily production in April fell to 6.316 million barrels per day, the lowest level since 1990, marking a cumulative decline of 42% since February. ② The United Arab Emirates plans to leave OPEC in May, ending approximately 60 years of membership, due to factors including disagreements with Saudi Arabia over production quotas and regional political differences.

cls.cn36minutes ago

BMO Capital Adjusts Price Target on ConocoPhillips to $135 From $140, Maintains Outperform Rating

MT NewswiresMay 13 20:15 · Ratings

Freedom Broker Cuts ConocoPhillips (COP) Rating After Recent Share Gains

Yahoo FinanceMay 13 05:13

Sector Update: Energy

MT NewswiresMay 13 03:46

The 'crude oil futures' of the AI world are coming: CME announces the launch of a computing power futures market.

①The CME Group announced a partnership with Silicon Data to launch the world's first AI computing power futures market, currently pending regulatory review; ②The press release explained that computing power is regarded as a core resource for AI development, with demand continuously surging, yet the market lacks tools to hedge against price volatility.

cls.cnMay 13 00:47

Express News | Riding the Policy Winds, Oil Giants Return to Alaska in Droves

BreakingsMay 12 12:18