Oil price increase petrochemical double-male impact trading

Source: Internet
Author: User
As the international oil prices to record new highs, the domestic oil price increase calls again. In the afternoon, under the leadership of PetroChina and Sinopec, the entire oil plate soared. As of 14:40, petrochemical double-hung has approached the trading board. The shares of Poly-energy and Donghua Energy rose more than 8%, Taishan oil and CNOOC also rose 7.83% and 7.79% respectively.  The entire plate did not fall, all rose, in addition to Shenyang chemical and Daqing Hua Ke, the rest of the increase in more than 2%. Crude oil futures on the New York Mercantile Exchange closed to a two-year high on 10th, as the U.S. Department of Energy report showed that oil and oil inventories continued to decline from 27 highs on November 5, as a result of declines in US crude inventories.  Nymex December crude oil futures settlement price rose 1.09 U.S. dollars, to 87.81 U.S. dollars per barrel, or 1.3%, the plate hit 88.10 U.S. dollars, the highest level since October 2008. With the recent rise in international oil prices, the current market has formed the end of the month domestic oil prices will rise again expectations. Analysts in the trade information industry said that November 8, the three crude oil weighted average rate of change has risen to 2.68%, late this month may usher in a new round of price adjustment. The analysts believe that at present, the two major oil companies to maintain low inventory operation, affected by "energy-saving emission reduction", the market should be completely loose, or to stay until the target of energy-saving emission reduction, that is, at the end of December, next January.

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