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
Changes in Hong Kong stocks | Petroleum stocks had the highest gains, and oil prices are expected to remain high. CNOOC and its oil service companies performed well in the first quarter
Petroleum stocks had the highest gains. As of press release, CNOOC (00883) rose 4.76% to HK$20.7; Sinopec (00386) rose 4.28% to HK$4.87; CNPC (00857) rose 2.05% to HK$7.45; and CNOOC Services (02883) rose 1.53% to HK$8.63.
CHINA OILFIELD To Go Ex-Dividend On June 7th, 2024 With 0.23152 HKD Dividend Per Share
April 30th - $CHINA OILFIELD(02883.HK)$ is trading ex-dividend on June 7th, 2024. Shareholders of record on June 11th, 2024 will receive 0.23152 HKD dividend per share on June 30th, 2024. The ex-d
CNOOC Oilfield Services (02883) will pay the 2023 final dividend of $0.21 per share on June 30
According to the Zhitong Finance App, CNOOC Oilfield Services (02883) announced that the company will pay the 2023 final dividend of RMB 0.21 per share on June 30, 2024.
Changes in Hong Kong stocks | CNOOC Services (02883) is now down more than 4% Bank of America says it is cautious about the negative impact of the shutdown of drilling platforms in the Middle East
CNOOC Oil Services (02883) is now down more than 4%. As of press release, it is down 4.69% to HK$8.54, with a turnover of HK$139 million.
Petroleum stocks generally fell, CNOOC Oilfield Services (02883) fell by 5.02%. Agencies say the price of refined oil products will fall for the second time in the year
Jinwu Financial News | Petroleum stocks generally fell. CNOOC Oilfield Services (02883) fell 5.02%, while CNPC (00857), Yanchang Petroleum International (00346), and Sinopec (00386) fell 2.29%. According to Sino-Singapore Economic News, a new round of price adjustment window for domestic refined oil products will officially open. According to the General Agency, the price of refined oil products will fall for the second time in 2024. During the current pricing cycle, international crude oil prices first fell and then rose. On the supply side, the geographical conflict has gradually abated, but instability still exists. A number of OPEC+ oil producers have stated that they will firmly push for production cuts, and the pattern of tightening supply will continue. Required
China Oilfield Services' Q1 Profit Rises 57% on Higher Revenue
China Oilfield Services' (HKG:2883, SHA:601808) attributable profit rose 57% year over year to 635.5 million yuan in the first quarter, according to a Thursday filing with the Hong Kong Stock Exchange
Changes in Hong Kong stocks | CNOOC (02883) is now up nearly 5%, net profit for the first quarter is up 51.3% year on year, the agency says the impact of the ship stoppage has basically reacted
The Zhitong Finance App learned that CNOOC Services (02883) is now up nearly 5%. As of press release, it has risen 4.5% to HK$9.28, with a turnover of HK$13.468 million. According to the news, CNOOC Service announced first-quarter results, achieving operating revenue of 10.148 billion yuan, an increase of 20% year on year; net profit of 636 million yuan, up 57.3% year on year. CICC said that the first quarter results were in line with expectations. Mainly, overseas drilling operations gradually contributed to profits in the second half of '23, and there were no ship repair costs; at the same time, revenue from the petroleum technology business continued to increase steadily. The bank pointed out that the impact of the Saudi ship stoppage has basically been reflected in stock prices
China Oilfield Services 1Q Rev CNY10.15B Vs. CNY8.46B >2883.HK
China Oilfield Services 1Q Rev CNY10.15B Vs. CNY8.46B >2883.HK
CNOOC Oilfield Services (02883.HK)'s net profit of 691 million yuan increased 51.3% year-on-year
Gelonghui, April 25, 丨 CNOOC Oilfield Service (02883.HK) announced that in the first quarter of 2024, the company will firmly grasp the active period of the oilfield service market, take active measures to coordinate global resource allocation, give full play to the advantages of the company's entire industry chain to promote the upgrading of service quality; use lean management to promote steady growth in profitability, continuously strengthen cost control and core competitiveness; and build the main technology cluster with cutting-edge technology in the industry to focus on transforming innovative advantages into industrial advantages. Operating revenue for the current period was RMB 10,148.0 million, a year-on-year increase of 20.0%; total profit was for the people
中海油田服務:2024年第一季度報告
CNOOC Oilfield Services (02883) provides performance guarantees for COSL Drilling Brasil Ltd.'s service contracts with Brazilian customers
CNOOC Oilfield Services (02883) issued an announcement to support COSL Drilli, a wholly-owned overseas subsidiary of the company...
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.
Zheshang Securities: High international oil prices fluctuated in 24 years, optimistic about deep-sea and unconventional oil and gas development sectors
Since the beginning of 2024, Brent oil prices have increased by a total of about 13%. The rise in oil prices may maintain the high capital expenditure intentions of oil and gas companies, and demand for oil service equipment continues to boom.
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.
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.
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