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Afternoon Crude Oil Product analysis: The escalation of conflicts in the Middle East is driving up Crude Oil Product prices, what other market fluctuations have occurred?
Against the backdrop of escalating conflicts in the Middle East, Brent Crude Oil Product Futures rose in early morning Trade in Asia.
A-shares fluctuating丨Stocks Beginning with Middle Letter are strengthening, China National Nuclear Power and SINOTRUK are up about 5%, while Petrochina and several other stocks are up over 2%.
On December 23, Gelonghui reported that China National Nuclear Power and SINOTRUK both rose by 4.8%, while China Hainan, North Industries Group Red Arrow, Sinoma Science & Technology, China National Offshore Oil Corporation, and China Petroleum & Chemical Corporation increased by over 3%. Power Construction Corporation of China and CHINA MOBILE, as well as Petrochina, saw increases of over 2%. In terms of news, the State-owned Assets Supervision and Administration Commission of the State Council recently issued several opinions on improving and strengthening the Market Cap management of centrally owned enterprises and listed companies. It proposed that central enterprises and holding listed companies treat Share Buyback and Shareholding as a long-term foundational task and establish a normalized Share Buyback and Shareholding mechanism. It also emphasized the importance of addressing the issue of listed companies trading below their net asset value and incorporating the resolution of long-term net asset value
CNOOC (00883.HK) has put into production the development project of the Suizhong 36-2 oilfield, area 36-2.
CNOOC (00883.HK) announced that the development project of the Suizhong 36-2 oil field block 36-2 has been put into production, expecting to achieve a peak daily production of about 9,700 barrels of oil equivalent by 2026, with the product being light crude oil. This project is located in the Bohai Sea's Liaodong Bay, with an average water depth of about 27 meters, and the main production facility is a newly built unmanned wellhead platform, planning to put into production 21 development wells, including 16 production wells and 5 water injection wells. The group stated that the development project of the Suizhong 36-2 oil field block 36-2 fully relies on the surrounding existing production facilities for processing and external transportation, using a standardized strategy in design and construction.
U.S. stocks closed | "Triple Witching Day" saw a major rebound in U.S. stocks! All three major Indexes rose by over 1%; the AI application Concept exploded, with Palantir rising over 8%.
Ed Yardeni, the most accurate Analyst on Wall Street and president of Yardeni Research, is optimistic about the U.S. stock market, predicting that the S&P 500 will reach 7,000 points next year and 8,000 points the year after.
Express News | CNOOC has provided over 1.4 billion cubic meters of safe and stable gas supply to Macau for 16 consecutive years.
Oil: WTI Settles Below $70/bbl – ING