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Market update | Petroleum stocks in Hong Kong surged collectively as OPEC+ made progress in delaying production resumption, while the usa imposed sanctions on multiple oil-related entities and vessels in Iran.
Petroleum stocks rose collectively. As of the time of reporting, PetroChina (00857) increased by 3.02%, traded at 5.8 Hong Kong dollars; CNOOC (00883) rose by 2.76%, priced at 17.88 Hong Kong dollars; Kunlun Energy (00135) went up by 1.45%, priced at 7.69 Hong Kong dollars; Sinopec (00386) increased by 1.42%, traded at 4.25 Hong Kong dollars.
One bad news for oil bulls: OPEC+ "no more".
OPEC's control over the oil market is increasingly weakening, and if no action is taken, the organization's control may completely disappear.
Did no one want CNOOC?
Source: Yaya Hong Kong Stock Circle Author: Chengfeng $cnooc(00883.HK)$ The stock price has peaked and has been falling for almost half a year. Cnooc's main upward wave from 2022 to mid-2024 attracted the attention of many investors. With continuous adjustments in the stock price, although the market still holds a high evaluation of Cnooc, based on the stock price movements, it may seem more like, 'This stock is good, I'll sell it to you.' How should we view Cnooc at present? 1. One of the largest oil companies with the lowest costs Cnooc is China's largest offshore crude oil product and henry hub natural gas supplier, with assets spread across more than forty countries and regions worldwide.
Shandong Molong Petroleum Machinery Reveals Board Structure
shandong molong petroleum machinery (00568) appoints Han Gaogui as the chairman and general manager.
Shandong Molong Petroleum Machinery (00568) announced that Mr. Ding Yi has resigned as a non-executive director since the conclusion of the temporary shareholder meeting, and Tang Qing...
Express News | Special treat Molong Investment has established a new e-commerce company.
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