On December 31, Glonghui reported that the three major oil companies collectively surged, with Petrochina, China Petroleum & Chemical Corporation, and CNOOC each rising by 2%. In terms of news, overnight Henry Hub Natural Gas prices rose by more than 16%, driving Crude Oil Product prices higher. As the Global benchmark for Crude Oil Product prices, the February delivery Brent Crude Oil Futures on the Intercontinental Exchange (ICE) increased by $0.22, closing at $74.39 per barrel. Institutions analyzed that as traders focus on the oil market risks for 2025, including supply conditions and the unpredictability of the incoming Trump administration in the USA, oil price trends remain stable.
港股异动丨三桶油走高 美国天然气价格暴涨带动原油价格走强
Hong Kong stocks are moving with the three major oil companies rising as the surge in Henry Hub Natural Gas prices drives up Crude Oil Product prices.
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