Hong Kong stocks moved丨Petroleum stocks rose broadly, with CNOOC and PetroChina increasing by over 1%. International oil prices rose by more than 1.6% yesterday.
On March 21, according to Gelonghui, Hong Kong's Petroleum stocks generally rose, among which, CHINA OILFIELD rose nearly 3%, Shanghai Petrochemical rose 1.56%, Petrochina and CNOOC rose over 1%, and China Petroleum & Chemical Corporation rose 0.7%. In terms of news, WTI April Crude Oil Futures closed up $1.10 yesterday, an increase of nearly 1.64%, reported at $68.26 per barrel; Brent May Crude Oil Futures closed up $1.22, an increase of over 1.72%, reported at $72.00 per barrel. Due to the Drone attack on Russian energy infrastructure, although the energy ceasefire agreement mediated by the USA has taken effect, the Brent Crude Oil Futures price...
Midday Crude Oil Analysis: Russian Energy facilities were attacked, causing oil prices to rise! What is the market worried about?
Despite the USA-mediated Energy ceasefire agreement coming into effect, Russian Energy infrastructure continues to be attacked by Drones, and Brent Crude Oil Product Futures prices continue to rise during the early trading session in Asia.....
Weekly Crude Inventories Rise More Than Expected
Express News | Asia's first shore power co-construction platform has used green electricity exceeding 100 million.
Express News | China International Capital Corporation: Citic Offshore Helicopter is actively laying out low-altitude economic scenarios, raising the Target Price by 91% to 21 yuan.
The mainland will reduce the prices of refined oil at midnight tonight.
The National Development and Reform Commission stated that, based on recent fluctuations in international market oil prices and according to the current pricing mechanism for refined oil products, starting from midnight tonight (20th), the prices of gasoline and diesel in the mainland will be reduced by 280 yuan and 270 yuan per ton, respectively. PetroChina, Sinopec, CNOOC, and other crude oil processing enterprises must organize the production and transportation of refined oil to ensure stable market supply and strictly implement national pricing policies.
Midday Crude Oil Analysis: With the easing of geopolitical tensions, will Crude Oil Product futures see a turnaround?
After Russia agreed to suspend attacks on Ukraine's Energy sector, Brent Crude Oil Product Futures fell during the early trading session in Asia.
BOCOM INTL listed the top 10 stocks with the highest net Buy in the Hong Kong Stock Connect last week (table).
BOCOM INTL released a report listing the top 10 stocks with the highest net purchases in the Hong Kong Stock Connect last week: Stock │ Net Buy (HKD) │ Latest Position Percentage │ Change from Last Week Alibaba-W (09988.HK) │ 10.17 billion HKD │ 7.8% │ 0.5% Tencent (00700.HK) │ 7.71 billion HKD │ 11.6% │ 0.1% KUAISHOU-W (01024.HK) │ 2.95 billion HKD │ 14.4% │ 1.7% Xiaomi-W (01810.HK) │ 2.38 billion HKD │ 16.6% │ 0.3% China Mobile (00941.HK) │ 2.04 billion HKD │
A summary of what Trump and Putin talked about during their phone conversation? The Kremlin and the White House released a transcript of the discussion.
On the 18th local time, Russian President Putin had a phone call with US President Trump.
OPEC+ Could Pause Output Hike If Brent Falls to Mid-$60s -- Market Talk
Russia's Oil Output Projected to Hit 515-520 Million Tonnes by 2025
CICC: How much more Inflow is there for southbound investments?
The scale and speed of this round of southward inflow are considerable, possibly due to Block Orders; individuals and private placements are active, and Insurance public offerings continue to allocate; high dividend stocks are shifting towards Technology stocks.
Capital Trend Statistics for the Hong Kong Stock Connect (T+2) | March 18th
Capital Trend of the Hong Kong Stock Connect | March 18
Gas Prices Are Heading Below $3 a Gallon. Why That's Not Actually a Good Thing.
Trump once again pressures Iran through the Houthis' attacks, causing a short-term spike in international oil prices.
① The President of the USA, Trump, stated that any further attacks or reprisals by the Houthi armed group will be met with strong retaliation, and the USA will also hold Iran accountable for any future attacks by the Houthi armed group; ② As a result of this news, international oil prices surged in the short term, and Trump has reimposed "maximum pressure" on Iran, aiming to reduce Iran's oil exports.
Express News | The second phase of the Wenchang 19-1 oil field project has begun production.
Oil Isn't Going Anywhere. Here's Why.
CNOOC Limited Brings On-stream Two New Projects
Blame everything on Trump! Goldman Sachs lowers oil price expectations: The softening of the USA economy drags down Crude Oil Product demand.
Goldman Sachs expects this year's Brent crude oil prices to be between 65 and 80 dollars per barrel, possibly declining further to 68 dollars per barrel next year, and has revised down the economic outlook for the USA and the Global oil demand growth forecast.
The trade war has triggered a crisis in oil prices! Goldman Sachs has lowered its forecast, and oil giants are in a collective panic.
Goldman Sachs has lowered its oil price forecast due to Trump's trade war and the OPEC+ increase in production! Oil giants are worried, as Trump will meet with Industry executives this week to discuss how to balance Energy dominance with the impact of Low Stock Price.