Asian oil markets experienced a modest decline on Wednesday as renewed concerns about increased production from the OPEC+ alliance and ongoing global tariff tensions weighed on investor sentiment. Despite underlying fears about potential supply disruptions from Canada and Iran, bearish pressures prevailed amid uncertainty over macroeconomic headwinds.

Anthropic, a leading San Francisco-based artificial intelligence developer backed by Alphabet Inc. $GOOGL and Amazon.com Inc. $AMZN, has reached an estimated $3 billion in annualized revenue, according to sources familiar with the company’s sales metrics. This surge underscores the growing commercial viability of generative AI tools, particularly in the enterprise sector, where code generation and software automation are seeing accelerated adoption.

Norway's oil and gas sector is set to reach unprecedented levels of investment in 2025, according to a recent industry survey conducted by the Norwegian Statistics Office (Statistisk sentralbyrå). The largest business sector in the country plans to inject 269.1 billion Norwegian kroner (approximately USD 26.62 billion) into exploration, production, and infrastructure projects. This figure surpasses previous forecasts from February, which estimated investments at 253.8 billion NOK, and exceeds last year’s total of 251.2 billion NOK.