80883 CNOOC-R
- 16.880
- +0.260+1.56%
CNOOC-R News
Express News | CNOOC Limited Successfully Withstands Super Typhoon "Yagi"
Crude-Oil Futures End Week With Small Gains -- Market Talk
Macquarie: The global oil market is expected to face "severe oversupply" by 2025.
According to the McKinsey supply and demand equilibrium forecast, the oil market will face a serious supply surplus in the next five quarters, triggering a situation similar to a 'price war', and oil prices may fall to around $50 per barrel.
Oil on Track for Weekly Gains After Global Benchmark's Dip Below $70 a Barrel
Northern funds trend|Northern funds net buy 0.239 billion yuan, domestic investors continue to increase their holdings of alibaba (09988), with a total of over 16.4 billion Hong Kong dollars accumulated this week.
On September 13, the Hong Kong stock market saw a net buy of HKD 0.239 billion by northbound funds, with a net sell of HKD 0.622 billion through the Shanghai-Hong Kong Stock Connect and a net buy of HKD 0.861 billion through the Shenzhen-Hong Kong Stock Connect.
Demand expectations suffer another blow, WTI falls to a new low for the year.
This week (9.5-9.11), the overall crude oil price showed a downward trend. The average price of WTI this week is $67.72 per barrel, a decrease of $4.53 per barrel, or -6.27% compared to the previous week.
Hong Kong stocks surged, petroleum stocks collectively rose, hurricanes drove up crude oil prices, and OPEC's delay in reducing production supported the oil market.
Petroleum stocks collectively rose, as of the time of publication, Sinopec (00386) rose 3.05%, to HKD 4.39; CNOOC (00883) rose 1.65%, to HKD 18.46; Kunlun Energy (00135) rose 1.24%, to HKD 7.32.
The overnight rise in international oil prices has boosted the petroleum stocks.
Golden Financial News | Overnight foreign oil prices rose, driving petroleum stocks higher. Sinopec (00386) rose 2.58%, CNOOC (00883) rose 2.09%, PetroChina (00857) rose 1.61%, Kunlun Energy (00135) rose 1.43%, China Oilfield (02883) rose 0.64%. International oil futures prices rose. NYMEX crude oil closed at $68.97 per barrel, up nearly 2.5%. London Brent crude oil closed at $71.97 per barrel, up 1.9%. Hurricane "Fransin" made landfall in southern Louisiana, USA on the 11th, affecting over 0.36 million users.
Statistics of capital trend for Hong Kong stock connect through CitiGO (T+2) | September 13th
Capital trend of CITIC Hong Kong Stock Connect | September 13th
Oil Futures Extend Recovery From Lows -- Market Talk
Crude Oil Extends Rebound Amid Concerns About Impact of Francine Tropical Storm on US Production
Zhongtai Securities: The performance of the three major oil companies is impressive, and the fixed price supports the profit of Changsi.
The growth rate of the polyester filament industry is expected to slow down significantly in 2024. According to the statistics of Zhongtai Securities, the industry is expected to only add about 0.95 million tons of capacity in 2024. Considering the shutdown/reduction and elimination of some facilities, the actual increase in production may be even lower, and the overall capacity of the industry may have already reached its peak.
Oil Price to Average $60 in 2025, Citigroup Says
US Total Crude Oil Stocks Rebound in Week Ended Sept. 6
Oil: Slowing Demand Weighs on Prices – TDS
Oil Prices Bounce, Lifted by Drop in Crude Inventories and Hurricane Francine
Energy Stocks Erase 2024 Gains as Brent Dips Below US$70
CNOOC spent HKD 99.675 million on September 11th to repurchase 5.347 million shares.
CNOOC (00883.HK) announced on September 11th that it will spend 99.675 million Hong Kong dollars to repurchase 5.347 million shares, with a repurchase price of HK$18.46-18.7 per share.
Oil Rebounds Over 1% On Falling U.S. Crude Stocks And Storm Concerns
Worse than the financial crisis and the COVID-19 pandemic! Illustration: To what extent has the oil market collapsed?
① As global benchmark Brent crude oil fell below $70, oil prices have reached their lowest level since December 2021; ② In fact, what is even more alarming to market participants than the sharp decline in prices may be the popularity of the crude oil market.
Analysis
Price Target
No Data
No Data