A Taiwanese chip manufacturer, Delta Air Lines, and three American megabanks are set to reveal their Q4 2021 figures later this week. What factors may have influenced these firms’ Q4 fortunes, and what might traders expect?
OPEC+ is set to meet today to discuss planned Oil output increases. This 23-country supercartel has had an outsize effect on global petroleum prices as their production coordination responded to COVID-19.
Five supermajors plan to release earnings on Thursday & Friday and it's expected reports will show roughly $29 billion in free cash flow - the most since 2008. This could be due to a strong demand for crude, natural gas and chemical price surges, and a rebound in refineries.