KUNLUN ENERGY COMP News

Shale oil giants are accused of manipulating oil prices! The US energy industry faces a series of class-action lawsuits

① The US shale oil industry is currently facing a series of lawsuits, accusing some of the biggest companies in the industry of colluding to limit production and maliciously raising oil prices; ② According to reports, companies such as ExxonMobil, Occidental Petroleum, and Diamondback Energy have been named in at least 10 class action lawsuits.

cls.cnMay 13 15:09

Iraq wants to expand crude oil reserves to 160 billion barrels and opposes continuing OPEC+ production cuts

① Beginning on Saturday, Iraq will hold its first oil and gas exploration project auction since 2018, with companies from China, Iraq, Arabia and Europe competing; ② Iraq hopes to drastically increase crude oil reserves and reduce its dependence on imported natural gas through this auction; ③ Iraq's Minister of Petroleum also made it clear that it will not continue to support extending production limits at the next OPEC+ meeting.

cls.cnMay 11 22:15

OPEC+ is “showing love” again, and there may be a change in the OPEC monthly report!

The new changes reflect long-standing cooperation between OPEC and its allies in collectively determining oil production.

Golden10 DataMay 10 17:35

KUNLUN ENERGY COMP To Go Ex-Dividend On June 4th, 2024 With 0.39265 USD Dividend Per Share

May 10th - $KUNLUN ENERGY COMP(KLYCY.US)$ is trading ex-dividend on June 4th, 2024. Shareholders of record on June 4th, 2024 will receive 0.39265 USD dividend per share on August 2nd, 2024. The ex

Futu NewsMay 10 07:40

Express News | Goldman Sachs expects OPEC+ to reduce supply over a longer period of time

BreakingsMay 9 10:21

[Crude oil market closing] The decline in US crude oil inventories far exceeded expectations for the rise in oil prices

Oil prices rose slightly on Wednesday (May 8), after US oil storage data showed that crude oil inventories declined more than expected as refineries increased production before the summer driving season arrived.

FX168May 9 04:32

WTI crude oil once fell below 77! KITU Macro: Some geo-risk premiums have been lifted

Economists at KITU Macro said that part of the risk premium for the Iran-Israel conflict has now been lifted, and OPEC+ may gradually eliminate production cuts starting in July.

Golden10 DataMay 8 20:32

Kunlun Energy (00135): Lu Jing appointed as non-executive director

Kunlun Energy (00135) issued an announcement. Zhou Yuanhong resigned as the company's executive director due to job changes, starting in 2024...

Zhitong FinanceMay 8 16:34

The US restarts the reserve replenishment program, and is Biden ready to deal with soaring oil prices at any time?

Biden restarts the SPR supplement plan when oil prices fall. If oil prices rise before the election, Biden may release SPR again.

Golden10 DataMay 8 08:10

Could OPEC+ “open the door” to increase production? Russia's words make the oil market uneasy!

Russian Deputy Prime Minister Novak said that the possibility of increasing oil production under the OPEC+ agreement is being analyzed.

Golden10 DataMay 7 22:53

Israel persists in its actions! How will “Operation Rafah” affect oil prices?

Analysts say everything depends on how the Houthis and other countries react to the Rafah incident.

Golden10 DataMay 7 14:32

Does Saudi Arabia have an “iron heart” to support oil prices? Raising the official price in June, sales in Asia increased more than expected

① Saudi Aramco's statement on Sunday showed that Saudi Arabia raised the official selling price (OSP) of Arabian light crude oil in June; ② the price increase for Asia was raised for the third month in a row; ③ industry insiders pointed out that Saudi Arabia's current price increase highlights that Saudi Arabia is still trying to keep the crude oil market tight at a time when the risk of conflict in the Middle East subsides.

cls.cnMay 6 15:12

Five consecutive drops! Oil prices fell 6% in a single week. Will the next two months be the key?

Standard Chartered Bank pointed out that May and June will be a critical period for whether petroleum fundamentals will be further tightened. At that time, inventories will decline at an accelerated pace, and global oil demand has reached a record high.

wallstreetcnMay 4 22:17

Express News | CICC: Copper and oil prices are expected to remain high in the medium to long term

BreakingsApr 25 07:52

Express News | Goldman Sachs raised Brent crude oil price estimates for the second half of 2024 and 2025 to $86 and $82 per barrel, respectively (previously estimated at $85 and $80, respectively).

BreakingsApr 25 06:22

The tense situation in the Middle East seems to have been brought under control. Gold prices and oil prices have been weak at the beginning of the week

① Analysts said that since Iran will not carry out further attacks on Israel, the tension in the Middle East has eased; ② investors are gradually withdrawing from safe-haven assets. As of press release, the prices of assets such as gold, oil, and silver have all declined slightly.

cls.cnApr 22 20:27

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.

Zhitong FinanceApr 22 19:25

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.

wallstreetcnApr 22 09:25

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.

wallstreetcnApr 22 07:05

Kunlun Energy (00135.HK): The share of industrial and commercial users continues to expand, and the dividend payout ratio still has room to rise

All business segments were fully profitable in 2023, and the expense ratio declined during the period. The company achieved revenue of 177.35 billion yuan in 2023, up 3.2% year on year; gross margin reached 12.0%, down 0.2 pct year on year; operating

海通國際Apr 22 00:00