Soochow: Crude Oil Product demand continues to grow in the short term, focusing on the allocation value of the three major oil companies.

The penetration rate of Electric Vehicles in China exceeds expectations, with the peak time for refined oil products in China being advanced to 2025, and the peak time for Crude Oil Product demand moving from 2030 to 2027.

Zhitong Finance21minutes ago

Oil Stabilises After 4-Year Lows Amid OPEC+ Supply Surge

Business Today21:16 ET

Zhongyin International: SINOPEC CORP (00386) first quarter earnings meet expectations, maintaining the rating 'Buy'.

According to Bank of China International, after adjusting for performance, the company's earnings forecast for 2025 to 2027 has been adjusted down by 1.3% to an increase of 3.2%, maintaining the rating of "Buy" with a Target Price of HKD 4.58.

Zhitong FinanceMay 6 05:41 ET

Saudi Arabia is waging a price war, and two major US Shale Oil giants have announced cuts in capital expenditures. Has the production of Shale Oil in the USA reached its peak?

The major USA shale oil companies Diamondback Energy and Coterra Energy have both stated that they will reduce their capital budgets for 2025 and decrease the number of drilling rigs. Diamondback Energy CEO Travis Stice warned: "Due to the reduction in drilling rigs, the USA onshore oil production is likely to have peaked and will begin to decline this quarter."

wallstreetcnMay 5 21:09 ET

Oil Prices Slide Over US$2 As OPEC+ Accelerates Output Hikes

Business TodayMay 5 19:46 ET

OPEC Just Created The Income Trade Of The Decade

BenzingaMay 5 15:36 ET