🔥Singapore-listed oil and gas stocks are facing significant downward pressure, driven primarily by a sudden drop in global crude prices and shifting geopolitical narratives.

$UAI $GUN $PORTAL

PORTAL
PORTALUSDT
0.01144
-1.46%
UAIBSC
UAIUSDT
0.2917
-12.76%
GUN
GUNUSDT
0.01579
-0.37%

The current "fast" decline is viewed as a sharp correction or "stress test" of that rally as the market re-evaluates oil as a macro risk rather than just a commodity story.