KLYCY KUNLUN ENERGY COMP
- 10.810
- +0.020+0.18%
KUNLUN ENERGY COMP News
Crude Oil Could Be Next – TDS
The notable declines in commodity demand expectations continue to threaten the energy complex although CTAs still hold substantial ammunition to deploy on the offer, TDS senior commodity strategist Daniel Ghali note.
Hong Kong stocks surge | Petroleum stocks rebound collectively, US crude oil inventory drops significantly, international oil prices stop falling and rebound.
Petroleum stocks are collectively rebounding. As of press time, China National Offshore Oil (00883) has risen by 2.84% to HKD 21.75; China Oilfield Services (02883) has risen by 2.62% to HKD 7.06; Kunlun Energy (00135) has risen by 2.59% to HKD 8.33.
Hong Kong stocks surge | enn energy (02688) rises more than 3%, leading the gas stock. The gradual promotion of national price increase and the double increase in profit and valuation of urban gas companies are expected.
Gas stocks are generally rising. As of press time, ENN Energy (02688) rose 3.63% to HKD 62.75; Kunlun Energy (00135) rose 2.83% to HKD 8.35; China Gas Holdings (00384) rose 2.33% to HKD 7.46.
Crude Prices May Be on the Cusp of a Breakdown – TDS
Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD Securities Senior Commodity Strategist Daniel Ghali suggests.
Hong Kong stocks fluctuate | Petroleum stocks continue to fall in early trading due to the easing of the Middle East situation and concerns over demand. International oil prices continue to decline.
Petroleum stocks continued to fall in early trading. As of press time, CNOOC (00883) fell 4.48% to HKD 21.3; PetroChina (00857) fell 4.29% to HKD 7.58; Sinopec (00386) fell 2% to HKD 4.91.
Crude Oil Extends Declines on Chinese Demand Concerns, WTI Falls Below $80
WTI tumbled below $80.00 per barrel as Crude Oil bids crumble.
Crude Oil Is on a Brink of a Turn – TDS
Crude oil markets could be about to break down. A downtape could now force trend-followers to liquidate a massive -40% of their max size, TDS senior commodity strategist Daniel Ghali notes.
Oil Slips on Chinese Demand Concerns Despite U.S. Rate-Cut Optimism
0756 GMT - Oil prices are edging lower on concerns over China's demand outlook despite dovish comments from Fed Chair Jerome Powell ramping up bets on a September rate cut. Brent crude is down 0.7%
Crude Oil: Downside Pressures to Continue – TDS
Crude oil markets are also particularly vulnerable to a downtape, TD Securities senior commodity strategist Daniel Ghali notes.
Oil Slips on Stronger U.S. Dollar After Trump Assassination Attempt
Oil prices are edging lower on a stronger U.S. dollar following the attempted assassination of former President Donald Trump over the weekend. Brent crude and WTI are both down 0.1% to $84.92 and $82.
Is Kunlun Energy Company Limited's (HKG:135) Recent Stock Performance Tethered To Its Strong Fundamentals?
Kunlun Energy (HKG:135) has had a great run on the share market with its stock up by a significant 18% over the last three months. Given that the market rewards strong financials in the long-term,
OPEC Monthly Report: Oil supply shortages may occur in the coming months as countries such as Russia have not yet fulfilled their production cuts.
On Wednesday, according to the latest monthly report from OPEC, although Russia significantly reduced its crude oil production in June, the three main OPEC+ members, Russia, Iraq, and Kazakhstan, still supply tens of thousands of barrels per day more than their quotas set earlier this year.
Crude Oil Regains Some Track – TDS
Crude oil's resilience has seen Commodity Trading Advisors (CTAs) add back their notable length in WTI. The impact to oil supply from hurricane Beryl was less than expected, TDS analysts note.
OPEC Holds Oil-Demand View Steady, Expects Faster Economic Growth -- Update
The Organization of the Petroleum Exporting Countries kept its bullish outlook for oil-demand growth unchanged and raised its economic-growth forecast for this year, citing solid momentum across major economies.
Crude Oil Prices Ease as Investors Digest Fed Chair Remarks, ANZ Bank Says
Crude oil prices ended the previous session lower and saw some volatility as investors considered Federal Reserve Chair Jerome Powell's semiannual monetary policy report, which said the U.S. is "no
Hong Kong stocks are turbulent | Petroleum stocks' afternoon decline expanded. Concerns about supply tensions eased, and international oil prices continued to fall.
Petroleum stocks fell in the afternoon. As of press time, Kunlun Energy (00135) fell 3.29% to HKD 8.52; Sinopec (00386) fell 3.17% to HKD 4.88; PetroChina (00857) fell 3.15% to HKD 7.98; CNOOC (00883) fell 2.4% to HKD 22.4.
Petroleum stocks fell generally, Kunlun Energy (00135) fell by 2.61%. Concerns about tight supplies have eased and international oil prices have fallen.
Jingu Finance | Petroleum stocks fell across the board. As of the time of publication, Kunlun Energy (00135) fell 2.61%, PetroChina (00857) fell 2.06%, Sinopec Corp (00386) fell 1.59%, and Sino Oil & Gas (00702) and CNOOC (00883) followed suit. On the news front, Hurricane Belier did not cause significant damage to crude oil production and refining infrastructure along the Gulf of Mexico, easing market concerns about supply shortages and causing international oil prices to fall. Overnight, NYMEX crude oil futures closed at $81.41 per barrel, down 92 cents, or 1.1%, while Brent in London...
Supply Risk Drives Oil Market Upside – TDS
Oil market upside is driven by supply side risk. Meanwhile, the impact to oil supply from hurricane Beryl was less than expected, adding further downward pressure to the market, TDS Senior Commodity Strategist Ryan McKay notes.
GTJA Securities: Crude oil prices continue to trade in line with seasonal expectations.
Last week, crude oil prices continued to remain strong and broke through previous resistance levels. In terms of demand, according to the EIA report, the demand for refined products improved marginally month-on-month and crude oil inventory reduction was better than expected.
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
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