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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.
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.
Express News | Occidental CEO Says Joint Venture With Ecopetrol Delivers 40,000 Barrels Of Oil Equivalent Per Day
Express News | Occidental's Joint Venture With Ecopetrol Delivers 40,000 Boepd - CEO
Ecopetrol (EC) Gears Up for Q2 Earnings: What's in Store?
Ecopetrol (EC) Ascends While Market Falls: Some Facts to Note
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