US crude oil trading reminder: oil prices rose before the OPEC+ meeting and stood at a key position in the 200-day EMA
At the beginning of the Asian session on Wednesday (May 29), international oil prices fluctuated in a narrow range and maintained overnight gains. U.S. crude oil is currently trading around $80.20 per barrel.
China Oilfield Services AGM Concludes Successfully
China Oilfield Services Declares Final Dividend
CHINA OILFIELD: POLL RESULTS OF ANNUAL GENERAL MEETING AND H SHAREHOLDERS CLASS MEETING HELD ON 28 MAY 2024
CNOOC Oilfield Services (02883) will pay a final dividend of $0.21 per share on June 28
CNOOC Oilfield Services (02883) announced that the company will pay a final dividend per share on June 28, 2024...
Changes in Hong Kong stocks | CNOOC (00883) rose more than 3%, leading the way for petroleum stocks OPEC+ to switch online in June to “three barrels of oil” and expand overseas business smoothly
Petroleum stocks rose collectively. As of press release, CNOOC (00883) rose 3.47% to HK$20.3; CNOOC Services (02883) rose 3.1% to HK$8.64; and CNPC (00857) rose 2.74% to HK$7.88.
Changes in Hong Kong stocks | Petroleum stocks bucked the trend and the market focuses on OPEC+ conference bodies are optimistic that oil prices will stop falling and recovering
Petroleum stocks bucked the trend. As of press release, CNOOC (00883) rose 2.4% to HK$19.64; CNOOC (02883) rose 1.55% to HK$8.5; and CNPC (00857) rose 0.26% to HK$7.69.
The Fed's interest rate cut is expected to fall again, and international oil prices will rise first and then fall
This week (5.16-5.22), crude oil as a whole showed a trend of rising and then falling. WTI averaged 79.18 US dollars/barrel this week, up 0.53 US dollars/barrel, or 0.67% from the previous week.
The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Changes in Hong Kong stocks | CNOOC Services (02883) fell more than 5%, leading the decline in petroleum stocks, the IEA previously lowered its 2024 oil demand growth forecast
Petroleum stocks declined today. As of press release, CNOOC (02883) fell 5.54% to HK$8.69; CNOOC (00883) fell 1.42% to HK$19.38; Sinopec (00386) fell 1.35% to HK$5.11; and CNPC (00857) fell 0.52% to HK$7.68.
Oil Prices Rise After Iran's President Dies, Saudi King Falls Ill
By Callum Keown Oil prices climbed Monday after Iran's President Ebrahim Raisi died in a helicopter crash Sunday, according to state-run Press TV. But the oil move was fairly muted in early trading. I
CNOOC Oilfield Services (02883.HK): “16 Oil Service 02” will pay interest on May 27
Gelonghui, May 20, 丨 CNOOC Oilfield Services (02883.HK) announced that CNOOC Oilfield Services Co., Ltd.'s 2016 corporate bonds (first instalment) (type 2) (bond abbreviation: 16 Oil Service 02, bond code: 136450) will start paying interest for the period from May 27, 2023 to May 26, 2024. The coupon interest rate (interest-bearing annual interest rate) for current bonds is 4.10%, the face value of each current bond is $1.000, and the interest payment is $41.00 (tax included).
[Hong Kong Stock Connect] CNOOC (02883) self-developed “Xuanji” system successfully applied in Shengli Oilfield
Jinwu Financial News | According to CNOOC (02883), on May 20, the “Xuanji” system was successfully applied for the first time in Shengli Oilfield, breaking many records such as the length of the thin-layer carbonate level section and reservoir drilling rate at the Qinghe Oil Production Plant. This is another milestone in the “Xuanji” system's further development of terrestrial oil fields. According to information, this work well is the first well in this project. The target layer is the Sha 4-stage carbonate reservoir. The reservoir is extremely thin, and the carbonate rock lithology is complex, and the requirements for gamma logging quality and trajectory control capability during drilling are extremely high. Throughout the operation process, the “Xuanji” system entry instruments responded well underground, and the success rate of the rotary guidance command was 1
Iran State TV: "No Sign of Life" in President Raisi's Helicopter Wreck
By Laurence Norman, Benoit Faucon and Aresu Eqbali A helicopter carrying President Ebrahim Raisi of Iran crashed in the northwestern part of the country, the interior minister said Sunday, sparking a
CNOOC Oilfield Services (02883.HK) gains 3.92 million shares from BlackRock
Gelonghui, May 17丨According to the latest equity disclosure data from the Stock Exchange, on May 14, 2024, CNOOC Oilfield Services (02883.HK) received BlackRock, Inc. increased its holding of 3.92 million shares at an average price of HK$8.6642 per share on the market, involving approximately HK$339.64 million. After the increase in holdings, BlackRock, Inc.'s latest number of open positions was 146,318,379 shares, and the holding ratio increased from 7.86% to 8.08%.
UBS: OPEC+ is expected to extend the production reduction agreement for at least 3 months, and oil will rise to $91 in June
OPEC+ will hold its next meeting on June 1, and UBS expects that the organization will agree to extend the voluntary production reduction agreement to maintain the balance of the oil market.
[Broker Focus] Haitong International: High international oil price fluctuations suggest focusing on three barrels of oil and CNOOC (02883)
Jinwu Financial News | According to Haitong International Research, profits in the upstream oil and gas resources sector remained high, and three barrels of oil remained relatively profitable against the backdrop of falling international oil prices; revenue and net profit from the oil service equipment sector maintained positive year-on-year growth for nine consecutive quarters; profits in the petrochemical sector continued to recover, with significant improvements in private refining; and profits in the photovoltaic film sector in the downstream materials sector improved. According to the bank, according to the latest S&P Global (S&P Global) report quoted in CNOOC's (02883) 2023 report, the upstream capital expenditure of the global petroleum industry in 2023 was US$568.7 billion, year-on-year +
生意社:周期内原油走低 国内成品油零售价“二连跌”
本轮国内成品油调价窗口于5月15日24时开启,成品油零售价即将下调。2024年成品油零售价已经历五次上调两次下调两次搁浅,周期内原油市场行情走低,变化率负值拉大,2024年成品油零售价调整将遇第三次下调。
Crude Oil Prices Gain as US Crude Stocks Record Surprise Draw, ANZ Bank Says
Crude oil prices climbed after the U.S. Energy Information Administration's weekly report showed a draw in U.S. crude inventories, signaling a tight physical market, ANZ Bank said in a Thursday note.
Analysis of Hong Kong stock holdings of Haitong Securities 24Q1 Fund: increasing energy and materials holdings and reducing technological manufacturing
Hong Kong stocks led the increase in April. The increase was mainly due to positive signals in the domestic economy, the return of overseas capital, and the introduction of Hong Kong stock connectivity policies.
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