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PetroChina Signs 2025 Derivatives Deal With CNPC Finance
PETROCHINA (00857.HK) signed a derivative agreement for 2025 with Petroleum Finance.
Gelonghui reported on December 20 that PETROCHINA (00857.HK) announced that on December 20, 2024, the company signed a 2025 derivative framework agreement with PetroChina Finance Company, under which PetroChina Finance Company agrees to provide MMF financial derivative services to the group in the 2025 fiscal year.
Oil: WTI Settles Below $70/bbl – ING
Oil Prices Decline As Weak Economic Outlook Fuels Oversupply Fears
Oil Prices Settle at Lowest in Over a Week After Fed Rattles Markets
Ping An Securities: OPEC+ continues its production cuts, extending supply pressure.
OPEC+ extending production cuts may delay the point of surplus supply and enhance the resilience of oil prices, but it is difficult to change the overall fundamental wide pattern. With OPEC+ gradually resuming production after April 2025, Global Crude Oil Product supply pressure may increase.
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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