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Unitedenergy gp (00467) proposes to distribute a special dividend of 4 Hong Kong cents per share.
Unitedenergy gp (00467) announced in a statement that to thank its shareholders for their long-term support, the board of directors is pleased to announce that it has decided to...
UNITEDENERGY GP: Declaration and Payment of a Special Dividend and Closure of Register of Members
Concerns about demand have become the main market tone. Brent crude oil fell to a six-month low at one point, while US oil fell more than 4% during trading hours.
Despite the significant escalation of geopolitical tensions in the Middle East this week, which once briefly pushed up crude oil prices, the concern about economic recession has become the main market sentiment, and investors are worried about the demand for crude oil. Oil prices fell sharply on Friday, falling for four consecutive weeks, marking the longest decline since December last year.
Oil: Recent Price Action Is Associated With Global Macro Flows – TDS
The Biden administration is seeking additional funds to bolster the petroleum reserves. The energy department only has 1.2 billion US dollars left in its account to purchase crude oil products.
The US Department of Energy has been slowly replenishing its global strategy petroleum reserves, which have decreased to an unprecedented low since the Russia-Ukraine conflict, reaching the lowest level in forty years.
UnitedEnergy GP (00467.HK) plans to hold a board of directors meeting on August 8th to consider and approve the payment of special dividends.
Unitedenergy gp (00467.HK) announced that the company will hold a board of directors meeting on August 8, 2024 (Thursday) at Room 2505, 25/F, Two Pacific Place, 88 Queensway, Hong Kong, to consider and approve the announcement and distribution of special dividends.
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