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The stock prices of the "three oil giants" are under pressure, with PetroChina (00857) dropping by 1.65%. International oil prices continue to decline, and Institutions expect oil prices to run weakly.
Jinwu Financial News | The stock prices of the 'Big Three Oil' companies are under pressure. As of the time of this report, PetroChina (00857) is down 1.65%, Sinopec (00386) is down 1.4%, and CNOOC (00883) is down 1.37%. In terms of news, on Tuesday, international oil prices continued to decline, with Crude Oil Block Orders falling by 1.91%, and Brent Crude falling by 0.55%. Everbright Futures stated that 1) the new president of the USA announced a national Energy emergency and will sign a series of executive orders to fully promote the exploration and extraction of traditional energy to increase Oil & Gas production and reduce Energy costs. This policy continues to...
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102329055 : Do people still care what's going to be announce this Saturday?
Thelord 102329055 : Sure announce useless things and Monday gonna dump very hard again
102329055 Thelord : Can they afford to say useless stuff?
10baggerbamm 102329055 : are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Thelord 102329055 : They never fail to shoot at their own feet
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