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

Shell (UK) Executes Strategic Share Buy-Back

TipRanks13:28 ET

RBC Capital Keeps Their Buy Rating on Shell (UK) (SHEL)

TipRanksAug 8 10:21 ET · Ratings

PURAGLOBE Announces Appointment of Alois Virag as Chief Executive Officer

PR NewswireAug 8 09:00 ET

Shell Continues Share Buy-Back Program

TipRanksAug 7 13:08 ET