0.00Open4.45Pre Close0 Volume0 Open Interest46.00Strike Price0.00Turnover5830.63%IV-1.56%PremiumJan 3, 2025Expiry Date5.25Intrinsic Value100Multiplier-2DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.8462Delta0.0484Gamma11.52Leverage Ratio-576.4807Theta0.0000Rho9.75Eff Leverage0.0002Vega
Occidental Petroleum Stock Discussion
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Oil prices fell around 3% in 2024, slipping for a 2nd straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other non-OPEC producers pumped more crude into a well-supplied global market.
Brent crude futures on Tue, the last trading day of the year, settled up 0.88%, to USD74.64 a barrel. U.S. WTI crude settled up 1.03%, to USD71.72 a barrel....
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While overall oil demand remains stable, the structure of oil consumption in China is experiencing rapid changes. Recent data from a report by China National Petroleum Corp (CNPC) indicate that China's oil demand is nearing a turning point, highlighting the significant progress of China's green transformation.
China's oil de...
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