Oil Had Its Worst Day in Months. There Are 3 Reasons
By Avi Salzman U.S. oil prices fell more than they have in months on Wednesday, dropping below $80 per barrel for the first time since March in response to signs of weak demand and an easing of Middl
Gas stocks rose 4.35% to Haohuarun Gas (01193), and gas fee increases were announced. Agencies indicate that the gross margin of urban fuel companies is expected to gradually recover
Jinwu Financial News | Gas stocks rose collectively. China Resources Gas (01193) rose 4.35%, Xinao Energy (02688) rose 3.13%, Beijing Holdings (00392) rose 1.83%, Hong Kong China Gas (00003) rose 1.52%, China Gas (00384) rose 1.25%, and Kunlun Energy (00135) rose 1.07%. Haitong International released a research report saying that as of April 2024, a total of 125 regions across the country announced gas bill increases one after another. Among them, the Chengdu region increased 0.16 yuan/square meter, and the Shenzhen region increased 0.31 yuan/square meter
There's Reason For Concern Over Kunlun Energy Company Limited's (HKG:135) Price
There wouldn't be many who think Kunlun Energy Company Limited's (HKG:135) price-to-earnings (or "P/E") ratio of 10.4x is worth a mention when the median P/E in Hong Kong is similar at about 9x. Alth
Oil's Latest Losing Streak Isn't Just About Israel -- Barrons.com
Oil prices fell on Monday, continuing a skid that took prices down 3.5% last week and has left the commodity in the red five out of the past six days.
The supply and demand pattern changed abruptly, and the Asian crude oil market was astonished: heavy crude oil with high sulfur was being chased
With changes in global crude oil supply and favorable refining returns, crude oil with higher sulphur content and density is becoming increasingly popular in the Asian physical market, a situation that rarely changes the usual situation.
Learn Citadel, Commodities “Arms Race”: AI and Big Data
Russell Hardy, CEO of Vitol, said that trading companies mainly use AI in two ways: one is to improve business efficiency, and the other is to gain trading advantages through stronger analytical capabilities.
After keeping an eye on the Middle East for a week, oil prices finally “fluctuated” and returned to a “waiting mode”
Although oil prices have never surpassed the high before Iran attacked Israel last weekend, the volume of bullish Brent crude oil options soared to a record high. Brent crude oil futures fluctuated the most in a few months, leaving traders in almost the same situation as a week ago during the weekend, waiting for the next steps of Israel and Iran.
昆侖能源:2023年報
Oil Markets React to Reports of Israeli Attack on Iran
Oil pared an earlier jump, after Iranian media appeared to downplay alleged retaliatory strikes from Israel reported by US officials. Brent crude traded about 2% higher after earlier soaring above $90 a barrel over potential concerns for a wider regional conflict. Bloomberg's Stephen Stapczynski reports.
Oil Prices on Track to Fall for Fourth Straight Day as Demand Disappoints
Crude-oil prices continued to soften for a fourth straight day Thursday, with futures falling to their lowest level in three weeks.
Goldman Sachs: $90 a Barrel Likely Ceiling for Brent Crude
Daan Struyven, Goldman Sachs head of oil research, says that if there are not any new geopolitical tensions, the path of least resistance for oil is to drift lower. He speaks on Bloomberg Television.
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table. But Wall Street is looking elsewhere in the region for hints about how high prices could go.
Oil price crossroads! Goldman Sachs: How Israel responds will determine the direction of the market
Goldman Sachs believes that the market's outlook for crude oil depends on Israel's next move, which will determine the prospects for oil supply in the Middle East region. Preliminary calculations include a geopolitical risk premium of 5-10 US dollars/barrel.
Traders Await Market Reaction to Middle East Events
Israel's stock market reacted mildly to the weekend's attack by Iran, and cryptocurrencies were regaining some of their losses as the world braced for a broader market reaction at the start of the week.
If the conflict between Iran and Israel escalates, the price of oil may reach 100 US dollars or even higher
Market observers said that oil prices may soar to 100 US dollars or more per barrel. Earlier, Iran launched air strikes against Israel, which once again raised concerns about a regional war.
Shen Wan Hongyuan: Urban fuel companies will fully benefit from the three major favorable factors of volume increase, price reform, and old reform
Against the backdrop of falling global gas prices and recovering consumer demand, CICC will fully benefit from the three major favorable factors of volume increase, price reform, and old reform. CICC is optimistic about the increase in both the profitability and valuation of CICC.
IEA Expects Global Oil-Demand Growth to Slow Further in 2025
The International Energy Agency cut its forecast for oil-demand growth this year and said the pace of expansion is set to further decelerate in 2025 as the post-pandemic rebound runs its course and the electric-vehicle rollout weighs on consumption.
Crude oil trading reminder: Sticky inflation hits US interest rate cuts hopes, oil prices weaken slightly, pay attention to the IEA monthly report and the geographical situation
During the Asian session on Friday (April 12), U.S. crude oil fluctuated and fell slightly. Currently, it is trading around $85.41 per share.
Is Kunlun Energy Company Limited's (HKG:135) Stock's Recent Performance A Reflection Of Its Financial Health?
Kunlun Energy's (HKG:135) stock up by 6.3% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundament
Changes in Hong Kong stocks | Petroleum stocks fluctuated higher, Kunlun Energy (00135) rose more than 3%, institutions say oil prices are expected to remain strong
Petroleum stocks fluctuated higher. As of press release, Kunlun Energy (00135) rose 3.26% to HK$7.29; CNPC (00857) rose 2.51% to HK$7.35; and CNOOC (00883) rose 1.7% to HK$19.18.
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