Yangtze Securities: Is it still worth allocating PetroChina, Sinopec, and CNOOC in the face of 'Trump trade' or US recession?

Many environmental factors have changed, leading to potential differences in the crude oil industry in Trump's next term compared to the previous one.

Zhitong FinanceAug 8 22:58 ET

Poor economy drags down the market and soaring risk aversion pressures oil prices to plummet.

This week (8.1-8.7), crude oil product overall showed a trend of falling first and then rising. The average price of WTI this week was $74.24 per barrel, a decrease of $2.54 per barrel or -3.31% from the previous week.

CME GroupAug 8 16:07 ET

BP Cut at HSBC on Concerns Over Sustainability of Stock Buybacks

Seeking AlphaAug 8 12:32 ET

BP Looks Likely to Lower Guidance, Buyback Rate -- Market Talk

WSJAug 8 08:07 ET

BP Cut to Hold by HSBC

Dow JonesAug 8 04:57 ET

HSBC Had BP at Buy

Dow JonesAug 8 04:57 ET