Spirit Airlines Reverses Pilot Furlough Plans Amid Updated Staffing Outlook 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Visa to Move European Headquarters to London’s Canary Wharf 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Saudi Arabia has lowered oil prices for its key Asian market as OPEC+ starts to ease production cuts. State-owned Saudi Aramco (TADAWUL:2222) will reduce the Arab Light crude price by 40 cents per barrel for April, a sharper cut than the expected 15 cents, marking the first price drop in three months.
The price adjustment follows a major hike in March. OPEC+, led by Saudi Arabia and Russia, has agreed to gradually increase oil production, responding to market dynamics and U.S. pressure for lower prices. However, oil prices have recently declined, with Brent crude dipping below $70 per barrel, as fears of oversupply and trade tensions weigh on global demand.
Aramco has also cut oil prices for Northwest Europe and the Mediterranean, while keeping prices unchanged for the U.S. The April Arab Light premium is now $3.50 per barrel, down from $3.90 in March.
Despite concerns over weak refining margins, Aramco CFO Ziad Al-Murshed remains optimistic about market conditions. CEO Amin Nasser expects global oil demand to reach a record high this year.
The latest price reduction comes amid ongoing uncertainty in energy markets. As OPEC+ production increases, investors are closely watching supply-demand dynamics and geopolitical developments that could impact oil prices.
