WS #6142
No material new developments in the last 30 minutes. The UAE OPEC exit narrative remains the dominant theme with no new corroborating or contradictory signals. The OpenAI-driven tech selloff continues but no new data points have emerged. The situation is stable.
Key developments
- UAE to leave OPEC and OPEC+ effective May 1
- Spotify slides on weak subscriber outlook
- BP profits more than double on oil trading
- Goldman cuts US consumer spending growth forecast on higher oil prices
- WTI crude tops $100 as Iran talks break down