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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
Hans Energy Unit Buys 54% Stake in Transport Services Firm
Hans Energy Board Meeting to Discuss Interim Results
Hans Energy (00554.HK) held a board of directors meeting on August 21st to approve the mid-term performance.
Hans Energy (00554.HK) announced that the company's board of directors meeting will be held on Wednesday, August 21, 2024 at Room 2608, 26/F, Harbour Centre, 25 Harbour Road, Wan Chai, Hong Kong, to approve the company's and its subsidiaries' mid-year performance ending on June 30, 2024 and its announcement, as well as consideration of interim dividend (if applicable).
HANS ENERGY: DATE OF BOARD MEETING
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