Story perspectives
First Resources Faces EU Rules; Matador Rises Amid Oil Tensions
3/22/2026
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Story summary
- First Resources Ltd faces risk from upcoming EU deforestation rules that could block 20% of European sales.
- Output remains steady for crude palm oil due to favorable weather, while the stock hovers around 1.45 SGD.
- First Resources posted strong Q4 results with manageable debt, supporting appeal to income-seeking investors.
- Matador Resources rose 3.9% to $59.27 as DACH investors view it as diversification amid rising oil prices and tensions.
