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China's oil and petrochemical stocks strong rally to increase prices tomorrow

Source: Internet
Author: User
Keywords Oil crude
Tags business enterprises high integration market operations recovery stocks
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By the international oil prices in the year new high prices of domestic products in the rumors of speculation, the Chinese oil and petrochemical stocks stocks this morning strong rise; Yizheng chemical Fiber (01033-HK) is now soaring 14%, Shanghai Petrochemical (00338-HK) and Sinopec (00386-HK) also rose 7.5% and 4%, PetroChina (　　00857-HK) and CNOOC (00883-HK) rose 5.22% and 4.93%. There are market comments that the rise in crude oil prices will enhance the upstream crude oil production operations, but for oil production, oil refining and downstream integration of enterprises, crude oil price increase to the overall performance of the contribution of the final oil prices to achieve, the current market is betting on the possibility of oil prices May 28.

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