The rise in international oil prices has led to a general increase in Petroleum stocks, with PETROCHINA (00857) rising by 2.50%.
Jinwu Financial News | Petroleum stocks rose overall, with PETROCHINA (00857) up 2.50%, CNOOC (00883) up 1.94%, SHANGHAI PECHEM (00338) up 1.71%, CHINA OILFIELD (02883) up 1.38%, and SINOPEC CORP (00386) up 1.04%. After the USA issued new sanctions against Iranian oil importers, concerns about Global supply emerged in the market. Yesterday, international oil prices rose, with London Brent crude closing at $65.85 per barrel, up $1.18, a rise of 1.8%. New York crude oil closed at
Earnings Preview: SHANGHAI PECHEM to Report Financial Results on April 23
National Bureau of Statistics: In March, the production growth rate of above-scale industrial raw coal, Crude Oil Product, Henry Hub Natural Gas, and Electrical Utilities accelerated.
In March, the production growth rates of raw coal, Crude Oil Product, Henry Hub Natural Gas, and Electrical Utilities in large-scale industries accelerated.
SHANGHAI PECHEM (00338.HK) plans to hold a Board of Directors meeting on April 23 to approve the first quarter performance.
Gelonghui reported on April 9 that SHANGHAI PECHEM (00338.HK) announced that it will hold a Board of Directors meeting on April 23, 2025 (Wednesday) to review and approve the group's first quarter results for the three months ending March 31, 2025, for publication and to address Other matters.
SHANGHAI PECHEM: Date of Meeting of the Board of Directors
Petroleum stocks have collectively warmed up, CNOOC (00883) increased by 4.48%. Institutions indicate that the integration and diversification layout of domestic oil companies reduces the sensitivity to oil prices.
Jinwu Financial News | Petroleum stocks have collectively rebounded, with CHINA OIL (00883) rising 4.48%, CHINA OILFIELD (02883) up 3.8%, Sinopec (00338) increasing by 3.67%, PetroChina (00857) up 1.50%, and Sinopec (00386) rising 0.80%. A report by Ping An Securities indicated that the USA announced the imposition of comprehensive "reciprocal tariffs", intensifying the market's concerns about the global economic slowdown following the escalation of the trade war, thereby putting significant downward pressure on oil prices; furthermore, OPEC+ decided to increase production by 0.411 million barrels per day starting in May, a production increase far exceeding market expectations, and the global Crude Oil Product supply...
Trending Industry Today: UNITEDENERGY GP Leads Losses In Oil & Gas Stocks
Petroleum stocks collectively fell, CHINA OILFIELD (02883) dropped 16.72%, and Goldman Sachs downgraded the oil demand growth forecasts for this year and next.
Jinwu Financial News | Petroleum stocks collectively declined, CHINA OILFIELD (02883) dropped 16.72%, PetroChina (00857) fell 11.27%, CNOOC (00883) decreased by 10.85%, KUNLUN ENERGY (00135) fell 8.05%, Sinopec Shanghai (00338) decreased by 7.32%, and Sinopec (00386) dropped 6.34%. International oil prices fell sharply, with New York crude oil temporarily down 3.07%, currently reported at $60.18 per barrel, and London Brent crude oil temporarily down 3.12%, currently reported at $63.66 per barrel. OPEC+ agreed to accelerate production increases in May, adding
Brokerage morning meeting highlights: In the first quarter, the profitability of the mid-stream chemical sector is bottoming out, while the downstream is gradually recovering.
At today's Brokerage morning meeting, HTSC stated that profits in the midstream of the chemical industry are bottoming out in the first quarter, while the downstream is gradually recovering; Sinolink suggested paying attention to the new agile hand supply chain released by Yushu; China Securities Co., Ltd. believes that with the optimization of deposit costs in 2025, the decline in interest spreads in the Banking industry is expected to narrow.
Sinopec Publie Ses Résultats D'exploitation Pour 2024 Et Atteint Un Taux De Répartition Des Bénéfices De 75 Pour Cent
Sinopec Découvre Des Quantités Record De Pétrole De Schiste Dans Son Champ Pétrolifère De Shengli, Dans L'est De La Chine
Petroleum shares collectively surged, PETROCHINA (00857) rose by 2.54%, and international oil prices reached a five-week high.
Jinwu Finance | Petroleum stocks have collectively surged. As of the time of writing, PETROCHINA (00857) is up 2.54%, CNOOC (00883) is up 2.05%, CHINA OILFIELD (02883) is up 1.72%, SHANGHAI PECHEM (00338) is up 0.83%, and SINOPEC CORP (00386) is up 0.98%. In terms of news, USA President Trump has threatened to impose tariffs on buyers of Russian oil. The proposal to impose a tariff of 25% to 50% on any country purchasing Russian oil could become an executive order, which would significantly impact the oil market.
Express News | Sinopec Shanghai Petrochemical 'decreased' Russian Crude Purchases - Nikkei
Sinopec Shanghai Petrochemical Swings to 2024 Profit, Revenue Down 6%
Earnings Preview: SHANGHAI PECHEM to Report Financial Results on March 20
Shanghai Petrochemical: Summary of Shanghai Petrochemical\'s 2024 Annual Report
Shanghai Petrochemical: Shanghai Petrochemical 2024 Annual Report
Shanghai Petrochemical 2024 Annual Report
Summary of Shanghai Petrochemical\'s 2024 Annual Report
SHANGHAI PECHEM: 2024 ANNUAL RESULTS ANNOUNCEMENT