Integrated Supermajors Led Energy Sector Gains in First Quarter

The first quarter of 2025 ended on a challenging note for the financial markets, as the S&P 500 posted a 4.6% decline—its first quarterly loss since Q3 2023. The Dow and Nasdaq also declined in Q1. Macroeconomic and geopolitical factors weighed heavily on investor sentiment, leading to widespread equity sell-offs and significant sector rotations.  While many sectors faced headwinds, energy stocks emerged as a rare bright spot, delivering resilient performance and reinforcing their reputation as a defensive play during market volatility.…