3 Major Oil Stocks Decline in Early Session; PETROCHINA (00857.HK) Now Slumps 3%+

　　International oil prices have fallen for two days in a row, and the 3 major oil stocks came under pressure this morning. PETROCHINA (00857.HK) -0.240 (-3.473%) Short selling $87.29M; Ratio 16.366% opened 0.14% lower today and is now trading at HKHK$6.68, dropping 3.33%. This is currently a day low and a new low since March this year. The current volume is 11.0622 million shares, involving HK$74.757 million in turnover.

　　CNOOC (00883.HK) -0.550 (-2.670%) Short selling $414.90M; Ratio 19.698% opened 0.97% lower and bottomed at HK$19.96. It trades now at HK$20, diving 2.91%, with 22.2058 million shares traded, involving HK$446 million.

　　Related NewsCICC Expects HK Stocks to Keep Structural Mkt in Oscillating Pattern, May Stabilize after Significant Callback

　　SINOPEC CORP (00386.HK) -0.100 (-2.028%) Short selling $84.84M; Ratio 16.385% opened 0.61% lower and logged a low at HK$4.81. It is currently trading at HK$4.83, falling 2.03%, with a volume of 11.7036 million shares, involving HK$56.7643 million.

　　London Brent oil futures closed at US$79.78 per barrel on Monday, down US$1.35 or about 1.7%. New York oil futures closed at US$75.81 a barrel, down US$1.35 or more than 1.7%.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-29 16:25.)

　　AAStocks Financial News