Trump's Assault on Russia's Economy Reverberates in Oil Markets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2025
0mins
Source: WSJ
Impact on Oil Markets: President Trump's actions against Russia's economy are causing significant disruptions in oil markets, leading to a notable decline in the price of Russian oil.
Discount on Russian Oil: The price of Russian oil is currently at its largest discount to Brent crude since 2023, indicating a shift in market dynamics.
Sanctioned Crude Issues: Ships carrying sanctioned Russian crude oil are reportedly stranded at sea, highlighting the challenges faced by the industry.
Shifts in Importing Countries: Major importers like China and India are now looking to source crude oil from alternative suppliers, moving away from Russian oil.
Analyst Views on GLE
Wall Street analysts forecast GLE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLE is 78.39 USD with a low forecast of 78.39 USD and a high forecast of 78.39 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 0.364
Low
78.39
Averages
78.39
High
78.39
Current: 0.364
Low
78.39
Averages
78.39
High
78.39
About GLE
Global Engine Group Holding Ltd is an investment holding company principally engaged in the provision of information and communication technologies (ICTs) solutions and services. The Company is engaged in the provision of data center and cloud computing services and other services. In addition, the Company is engaged in the provision of Internet of things (IoT) solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
