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 Finance22:58 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 Group16:07 ET

Sector Update: Energy Stocks Rise in Late Thursday Afternoon Trading

MT Newswires15:51 ET

Occidental Rallies on Easy Q2 Beat; Analysts Cautious on CrownRock Volumes

Seeking Alpha15:27 ET

Sector Update: Energy

MT Newswires15:22 ET

Occidental Petroleum on Pace for Largest Percent Increase Since November 2022 -- Data Talk

Dow Jones14:22 ET