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Shale oil producer Occidental Petroleum announced on Friday that despite Middle East tensions driving up benchmark crude oil prices, its average realized global oil price in the first quarter decreased by about 1.6% year-on-year to $69.91 per barrel, compared to $71.07 per barrel in the same period last year. Institutional data shows that the average benchmark price of Brent crude oil in the first quarter was $89.62 per barrel, higher than $75.16 per barrel in the same period last year.The divergence between realized oil prices and benchmark oil prices reflects the pressure the company is facing in aspects such as sales pricing, regional price differentials, and product mix. The Strait of Hormuz, which channels one-fifth of the world’s energy flow, is effectively closed; the war between the US and Israel versus Iran has caused massive energy supply disruptions. However, Occidental Petroleum has not fully benefited from the rise in benchmark oil prices.The company's average realized global natural gas price fell from $2.30 per million cubic feet in the same period last year to $1.20, a drop of nearly half. The global average realized price for natural gas liquids fell from $25.94 per barrel to $18.99 per barrel, a decrease of 27%.Market participants have noted that the decline in Occidental Petroleum’s realized prices contrasts with overall industry trends. In the future, attention should be paid to whether the company fails to fully benefit from rising benchmark prices due to factors such as transportation bottlenecks, contract structures, or imbalances in regional market supply and demand. The sharp drop in natural gas and natural gas liquids prices has further intensified pressure on its revenue side.

Golden Ten Data reported on April 10 that forex analyst Carter Johnson stated that, under the current market landscape following the release of the CPI data, the US Dollar Spot Index has fallen by approximately 1.4% this week and is set to record its largest weekly decline since January. In terms of clear macro trading strategies during the US-Iran conflict, buying the US dollar and oil produced quite good results. However, as the forex market moves into the next headline-driven trading phase—this time concerning reports of negotiations under a fragile ceasefire—this strategy will face a test.

BlockBeats News, April 10th, according to The Block, Bitcoin saw a rise this week, with a gain of about 8% over the past week, reaching $72,267; Ethereum also saw a gain of about 7.8% during the same period, and several altcoins experienced a rebound. Meanwhile, the Bitcoin spot ETF saw a net inflow of $358 million on April 9th, and the Ethereum spot ETF had a net inflow of around $85 million (according to Farside data). However, analysts generally point out that the market has not yet shaken off the volatility driven by geopolitical and interest rate factors. QCP Capital stated that the core insight of this week is that a ceasefire does not equate to a full return of risk appetite; while crude oil has absorbed some of the war premium, it is not enough to alleviate inflationary pressure, and the market is still far from pricing in a smooth recovery. Simon Massabni, Senior Market Analyst at XS.com, stated that Bitcoin is at a crossroads between the Strait of Hormuz and Wall Street, with geopolitical tensions and institutional caution shaping the future direction. In terms of inflation, the March CPI rose by 3.3% year-on-year, higher than February's 2.4%, with the main driver being the increase in energy costs, slightly below the market's expectation of 3.4%; the core CPI recorded a 2.6% year-on-year increase, also lower than the expected 2.7%. Kyle Rodda, Senior Financial Market Analyst at Capital.com, stated that the market is still trading on every ceasefire and war headline, but the importance of inflation data has increased as it provides the first tangible reading of how energy shocks are transmitting through the U.S. economy. On the options market front, Maxime Seiler, CEO of STS Digital, stated that the summer trend priced by implied volatility is calmer compared to the recent realized volatility; downside protection is still relatively expensive compared to upside options, with institutions continuing to sell covered call options, dampening upward enthusiasm and causing Bitcoin to show a "reluctant but not fully confident" upward trend.