Jerry Lin
The Latest
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Oil and Gas Mega-Deal: ExxonMobil Acquires Pioneer Natural Resources for $60 Billion
In what's being hailed as the largest acquisition in the oil and gas industry in two decades, oil giant ExxonMobil announced its official plans on Wednesday. The company stated its intention to acquire another oil producer, Pioneer Natural Resources, for a total of $59.5 billion, or $253 per share. 
In what's being hailed as the largest acquisition in the oil and gas industry in two decades, oil giant ExxonMobil announced its official plans on Wednesday. The company stated its intention to acquire another oil producer, Pioneer Natural Resources, for a total of $59.5 billion, or $253 per share. -
Gold's Resilience Amid Geopolitical Tensions and Market Dynamics
In the face of mounting geopolitical tensions and shifting market dynamics, gold continues to demonstrate its enduring appeal as a safe haven. Recent developments in the Middle East, coupled with the interplay of interest rates and the US dollar, have placed the precious metal in the spotlight, with experts weighing in on its trajectory. 
In the face of mounting geopolitical tensions and shifting market dynamics, gold continues to demonstrate its enduring appeal as a safe haven. Recent developments in the Middle East, coupled with the interplay of interest rates and the US dollar, have placed the precious metal in the spotlight, with experts weighing in on its trajectory. -
Middle East Tensions and the Global Oil Market: Iran's Role Takes Center Stage
Since the sudden escalation of the conflict between Palestine and Israel last weekend, its effects on the energy market have become evident. 
Since the sudden escalation of the conflict between Palestine and Israel last weekend, its effects on the energy market have become evident. -
Dollar's Surge Amid Middle East Tensions and Strong US Jobs Report
In the wake of escalating tensions in the Middle East and a robust US jobs report, the US Dollar has experienced a significant surge against major currencies, notably the Pound and Euro. This financial shift underscores the intricate interplay of geopolitical events and domestic economic indicators in influencing global currency markets. 
In the wake of escalating tensions in the Middle East and a robust US jobs report, the US Dollar has experienced a significant surge against major currencies, notably the Pound and Euro. This financial shift underscores the intricate interplay of geopolitical events and domestic economic indicators in influencing global currency markets. -
OPEC Raises Long-Term Oil Demand Forecast: Expects 16% Increase Over Next Two Decades
Despite global efforts to transition to clean energy, OPEC believes the world will continue to rely on oil for a considerable time. 
Despite global efforts to transition to clean energy, OPEC believes the world will continue to rely on oil for a considerable time. -
Oil Prices Surge Amidst Israel-Hamas Conflict: Global Markets on Edge
In a dramatic turn of events, oil prices have witnessed a significant surge as the conflict between Israel and Hamas intensifies, sending shockwaves through global markets. The ongoing military confrontations and political uncertainties in the Middle East have led to heightened concerns among investors and traders, resulting in volatile oil prices. 
In a dramatic turn of events, oil prices have witnessed a significant surge as the conflict between Israel and Hamas intensifies, sending shockwaves through global markets. The ongoing military confrontations and political uncertainties in the Middle East have led to heightened concerns among investors and traders, resulting in volatile oil prices. -
Saudi's Oil Play: Boosting Production for U.S.-Saudi Defense Pact?
Oil prices took a significant hit this week, plummeting nearly 9%-the worst weekly performance in six months. Is Saudi Arabia the main culprit behind this decline? Oil prices took a significant hit this week, plummeting nearly 9%-the worst weekly performance in six months. Is Saudi Arabia the main culprit behind this decline? -
EU Aims to Be a 'Player, Not the Chessboard' in Tech: Launches Risk Assessment in Four Key Sectors
European Commission announced in Strasbourg, France, that it will conduct a collective risk assessment with its member states in four technology sectors: semiconductors, artificial intelligence, quantum technology, and biotechnology. 
European Commission announced in Strasbourg, France, that it will conduct a collective risk assessment with its member states in four technology sectors: semiconductors, artificial intelligence, quantum technology, and biotechnology. -
Oil Prices Plunge Over 5% to a Five-Week Low: What's Behind the Drop?
The U.S. Energy Information Administration (EIA) released its weekly inventory report on Wednesday, revealing a larger-than-expected decline in U.S. crude oil stockpiles, the lowest since December 2022. However, the average gasoline demand over the past four weeks hit its lowest seasonal level since 1998. As a result, oil prices plummeted by $5, marking their largest drop in over a year and a five-week low. This weak demand also pushed U.S. gasoline prices down by 6%, reaching a five-month low. 
The U.S. Energy Information Administration (EIA) released its weekly inventory report on Wednesday, revealing a larger-than-expected decline in U.S. crude oil stockpiles, the lowest since December 2022. However, the average gasoline demand over the past four weeks hit its lowest seasonal level since 1998. As a result, oil prices plummeted by $5, marking their largest drop in over a year and a five-week low. This weak demand also pushed U.S. gasoline prices down by 6%, reaching a five-month low. -
China and EU Clash Over Electric Vehicle Subsidy Probe
In a recent development that has ruffled diplomatic feathers, China has expressed its dissatisfaction with the European Union's decision to launch an inquiry into subsidies for electric vehicles (EVs). The European Commission has initiated this investigation to determine whether tariffs should be set to protect its producers from the influx of cheaper Chinese EVs, which are believed to benefit from state subsidies. 
In a recent development that has ruffled diplomatic feathers, China has expressed its dissatisfaction with the European Union's decision to launch an inquiry into subsidies for electric vehicles (EVs). The European Commission has initiated this investigation to determine whether tariffs should be set to protect its producers from the influx of cheaper Chinese EVs, which are believed to benefit from state subsidies.
