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Asian stocks diverged on Tuesday as South Korea's KOSPI struggled to shake off pressure on semiconductor shares while Japan's Nikkei 225 recovered, leaving the region's two most AI-sensitive markets moving in opposite directions ahead of key US and Japanese rate decisions. The KOSPI fell as much as 0.76% in early Seoul trading before paring most of the decline, extending a difficult stretch after Monday's sharp technology sell-off.
European natural gas prices are surging, creating opportunities for Venture Global, Cheniere Energy, Shell, Equinor and U.S. gas producers.
Could oil hit $120? Goldman Sachs says prolonged supply disruptions could drive crude higher, creating opportunities for energy ETFs.
Global diesel supply will remain tight due to a lack of spare refining capacity, Russia's ban on exports and the approach of peak winter demand, senior industry executives said on Tuesday.
European gasoline refinery profit margins passed $62 a barrel on Wednesday, according to trade data reviewed by Reuters, driven higher as conflicts in the Middle East and Ukraine tighten fuel supplies globally.
Energy ETFs could benefit as the U.S.-Venezuela oil deal drives long-term investment in Venezuela's oil infrastructure.
Designed to provide broad exposure to the Energy - Broad segment of the equity market, the iShares U.S. Energy ETF (IYE) is a passively managed exchange traded fund launched on June 12, 2000.
Cheniere Energy reported a rise in second-quarter profit on Thursday, helped by increased demand for liquefied natural gas (LNG).