Oil: More Obstacles for Iranian Crude – ING

FXStreetJan 8 17:00

Major ratings丨Morgan Stanley: Believes that PetroChina and Sinopec have a 70% to 80% chance of stock price increase within 15 days.

Gelonghui, January 8 | Morgan Stanley published a report, believing that PetroChina and Sinopec have a 70-80% chance of rising in absolute value within 15 days. The firm has a "Shareholding" rating for PetroChina with a target price of 8.76 HKD; and a "Market Perform" rating for Sinopec with a target price of 5.63 HKD.

Gelonghui FinanceJan 8 14:56 · Ratings

Hong Kong stocks are moving; the rise in oil prices is boosting the "three major oil companies" to move against the trend, with PetroChina rising over 2% to reach a nearly 3-month high.

Gelonghui, January 8 | International oil prices have risen, driving the three major oil companies in Hong Kong to rise against the trend. Among them, PETROCHINA rose more than 2%, reaching a new high since October 15, 2024, while the increases for China Petroleum & Chemical and CNOOC were both within 1%. Brent crude oil rose by 1.25% yesterday and further increased to $77.47 during today's session; WTI crude oil also rose by 1.17% yesterday and reached $74.78 during today's trading.

Gelonghui FinanceJan 8 10:28

Oil Price Rises at the Start of the Year – Commerzbank

FXStreetJan 7 21:11

Trade routes are being reshuffled, Global Crude Oil Product exports are declining! Who is the winner?

The global oil trade map is being redrawn, uncertainty and volatility have become the new normal, and 2019 was the last "normal" year...

Golden10 DataJan 7 18:19

Oil Rally Stalls as European Gas Prices Weaken Amid Shifting Market Dynamics

Investing.com Jan 7 13:02