The energy supermajors are bracing for a more challenging earnings cycle ahead. Oil and gas giants typically drive significant macroeconomic signals, and when their profitability faces headwinds, it often reflects broader market pressures affecting asset classes globally—including crypto markets. Whether due to commodity price volatility, geopolitical shifts, or demand uncertainties, a tougher season for these industry leaders could reshape investor sentiment across risk assets. Worth monitoring how this plays out on capital flows.