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Chinese oil stocks make good price expectations

Source: Internet
Author: User
Keywords Gains
Tags development development and reform commission high market national development national development and reform commission steam stocks
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The price of oil prices are expected to finally cash a boost, the Chinese-funded stocks trading earlier this morning, China Petroleum (00857-HK) and Sinopec (00386-HK) are respectively high 1.24% and 3.7%, CNOOC (00883-HK) rose 2.94%; Shanghai Petrochemical (00338-HK) Also open more than 3%. According to China's National Development and Reform Commission announced that since 0 o'clock June 1, the price of steam and diesel prices per ton increased by 400 yuan (up 7%-8%), but the increase was lower than the market forecast of 500 yuan, more significantly lower than the same period of up to 27% of crude oil gains; Because of the comprehensive consideration of relevant factors, the NDRC has appropriately narrowed the price adjustment.

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