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.

wallstreetcnOct 30 03:52 ET

MI Energy [01555] is now trading at 0.03 Hong Kong dollars, with a rise of 15.39%.

As of 11:04, MI Energy [01555] reported 0.03 Hong Kong dollars, compared to the previous closing price of 0.026 Hong Kong dollars, up 0.004 Hong Kong dollars or 15.39%, with a turnover of 0.0454 million Hong Kong dollars. The highest price today is 0.03 Hong Kong dollars, and the lowest price is 0.027 Hong Kong dollars. Based on the closing price from yesterday, the 10-day average price is 0.03 Hong Kong dollars, and the 50-day average price is 0.02 Hong Kong dollars. The current P/E ratio is -0.51 times, and the 14-day relative strength index is 20.83.

Golden Guard Financial NewsOct 24 23:04 ET

Petroleum Futures Weaken on Move to Winter-Grade Gasoline -- OPIS

Dow JonesOct 24 12:22 ET

MIE Holdings Announces Key Board Changes

TipRanksOct 23 05:38 ET

MIE Holdings Corp. Updates Board and Committees

TipRanksOct 23 05:38 ET

MIE Holdings (01555.HK) appointed Yan Ruibing and Peng Ping as company directors.

Oct 23rd, miE Holdings (01555.HK) announced that starting from Oct 23rd, 2024: (1) Yan Ruibing has been appointed as a non-executive director of the company; (2) Peng Ping has been appointed as an independent non-executive director of the company, as well as a member of the audit committee, remuneration committee, and nomination committee; (3) Gao Yan has resigned as a non-executive director of the company; and (4) Guo Yanjun has resigned as an independent non-executive director of the company, as well as a member of the audit committee, remuneration committee, and nomination committee.

Gelonghui FinanceOct 23 05:09 ET