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Oil Prices Rise as OPEC+ Seen Delaying Supply Hike While U.S. Inventories Rose Last Week
Crude Oil Prices Stabilize as Market Pits Geopolitical Tensions and Supply Cut Extensions Against Weak Demand
Express News | Sinopec Bought Back 2.8 Mln H Shares for HKD11.8 Mln on Dec 4 - HKEX Filing
Sinopec Corp (00386.HK) spent 11.8496 million Hong Kong dollars to repurchase 2.76 million shares on December 4.
December 4, Gront Capital: Sinopec Corp (00386.HK) announced that on December 4, 2024, it spent 11.8496 million Hong Kong dollars to repurchase 2.76 million shares at a repurchase price of 4.2-4.35 Hong Kong dollars per share.
Clarkson Research: It is initially estimated that the global marine transportation of crude oil trade volume will increase by 2.7% in 2025.
Clarkson Research published a study report stating that the preliminary estimate for the global marine transportation crude oil trade volume is expected to grow by 2.7% in 2025.
OPEC+ production increase plan may be delayed by three months, and crude oil prices have seen the largest two-week gain in two weeks.
The sanctions on Iran's crude oil product and the expected OPEC+ production agreement are jointly driving up oil prices.