Hong Kong stock movement | Petroleum stocks continue to decline as the market worries about an oversupply in the oil market. Trump plans to increase Oil & Gas production.
Petroleum stocks continue to decline. As of the time of writing, China Oilfield Services (02883) is down 2.59%, trading at 7.16 HKD; KUNLUN ENERGY (00135) is down 1.62%, trading at 7.31 HKD; and PetroChina (00857) is down 0.98%, trading at 6.06 HKD.
CPI Data, Oil Inventories Take Center Stage Wednesday
Oil: More Obstacles for Iranian Crude – ING
Middle East Oil Prices Jump on Scant Flows From Iran, Russia
What Investors Should Note From IEA's Latest Oil Market Report
Behind the sharp drop in oil prices, jpmorgan's "confusion": where did the sudden emergence of 45 million barrels of oil in the market come from?
JPMorgan believes that global crude oil inventories are underestimated as a key factor. The additional inventories may be stored in underground facilities, causing satellite monitoring companies to be unable to accurately track specific changes. Oil industry authority Ilia Bouchouev stated that when estimating crude oil supply and demand data, investors are like groping in the dark, making it difficult to obtain accurate results.
Petroleum Futures Weaken on Move to Winter-Grade Gasoline -- OPIS
A new round of price adjustment window will open tonight, with 95-octane gasoline possibly rising into the "era of 8 yuan".
Is the domestic oil price going to rise again?
Oil: Geopolitical Tensions Remain at a Boil – TDS
Oil Prices Decline Sharply on a Weekly Basis – Commerzbank
Oil Prices Rise on Hopes China's Interest-Rate Cuts Will Revive Demand for the Largest Importer
Oil Prices Rebound After Last Week's 8% Drop as Traders Weigh China-demand Concerns
Bearish Control Over Oil
CHINANEWENERGY: Interim Report 2024
Oil: The End of an Era – Rabobank
OPEC has raised its global medium to long-term petroleum demand expectations, with PetroChina's stock rising by over 4%.
How do institutions view the new energy fund transformation plan? What other news is currently driving the rise in oil prices?
CHINANEWENERGY: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TOANNUAL REPORT FOR THE YEAR ENDED31 DECEMBER 2023
Oil Futures Slip Ahead of EIA Inventories, Fed Decision -- Market Talk
Oil Futures Extend Recovery From Lows -- Market Talk
Oil: Slowing Demand Weighs on Prices – TDS