No Data
No Data
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
AI Energy demand is steadily rising, and Henry Hub Natural Gas prices are expected to reach a turning point in 2025.
The price of Henry Hub Natural Gas is expected to fall by the end of this year. However, the market is optimistic about 2025, mainly due to increased demand from exports and AI.
What Investors Should Note From IEA's Latest Oil Market Report