Total CEO: World must adapt to climate change while demand for oil continues

CEO of French oil company Total Energies: We can expect oil prices to remain above $80 this year.

Mizuho raised its price target on Alphabet (GOOG.O) to $190 from $170.

Royal Bank of Canada raised its price target on Alphabet (GOOG.O) to $200 from $155.

Morgan Stanley raised its price target on Alphabet (GOOG.O) to $195 from $165.

Citigroup raised its price target on Alphabet (GOOG.O) to $190 from $168.

Erste Bank AG downgraded Apple to Hold.

Swiss National Bank Chairman: Bitcoin is not without risks.

Yancoal Energy (01171.HK) had revenue of 39.63 billion yuan in the first quarter of 2024, compared with 44.421 billion yuan in the same period last year.

Fitch: The apparent rapid containment of military exchanges limits potential consequences that could have significant impacts on Israel, other regional sovereigns, and global markets.

ExxonMobil (XOM.N) had a net profit of US$8.22 billion in the first quarter of 2024, compared with US$11.43 billion in the same period last year, and the market expected US$8.63 billion.

ExxonMobil (XOM.N) revenue in the first quarter of 2024 was US$83.083 billion, compared with US$86.564 billion in the same period last year, and the market expected US$77.96 billion.

U.S. Central Command: No casualties or damage were reported by U.S., coalition, or merchant ships.

U.S. Central Command: On April 25, an anti-ship ballistic missile was launched into the Gulf of Aden from the Houthi-controlled area of Yemen.

According to the Associated Press: Egypt sends ceasefire delegation to Israel.

Market news: BNP Paribas plans to lay off 50 employees in its UK division.

Chevron: First-quarter earnings fell year-over-year, primarily due to lower margins on refined product sales and lower natural gas prices.

Russian Defense Minister Sergei Shoigu: Russia has neither geopolitical nor military interests in attacking NATO countries.

Russian Energy Minister: Floods in Russian regions will not affect oil production and refining operations.

The U.S. Department of Defense said on the 25th local time that the United States will withdraw most of its troops from Chad and Niger. Currently, the United States has about 100 troops stationed in Chad and more than 1,000 troops stationed in Niger.