--- title: "Penghua CNI Oil&Gas ETF rose over 1.6%, and replenishment demand may further catalyze the cyclical uptrend" type: "News" locale: "en" url: "https://longbridge.com/en/news/279737014.md" description: "The UAE Ministry of Foreign Affairs condemned the attacks on the Habshan gas facilities and the Bab oil field, stating that they have successfully intercepted the attacks without causing any casualties. CITIC Securities pointed out that changes in the capacity of the Strait of Hormuz may affect the supply chain, and the demand for restocking could become a catalyst for the upward cycle. The CNI Oil&Gas Index rose by 1.79%, and the Penghua Oil ETF increased by 1.67%" datetime: "2026-03-19T07:09:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279737014.md) - [en](https://longbridge.com/en/news/279737014.md) - [zh-HK](https://longbridge.com/zh-HK/news/279737014.md) --- # Penghua CNI Oil&Gas ETF rose over 1.6%, and replenishment demand may further catalyze the cyclical uptrend In terms of news, the Ministry of Foreign Affairs of the UAE issued a statement on March 19 local time, condemning the attacks on the country's Habshan gas facilities and Bab oil field. The statement indicated that the attack was successfully intercepted by the UAE's air defense system, and there were no casualties. CITIC Securities pointed out that attention should be paid to the marginal changes in the passage capacity of the Strait of Hormuz. Short-term adjustments in supply chain methods have led to longer transportation distances, and once the situation eases, the demand for replenishment is expected to become a catalyst for the cyclical upturn. By 2026, profits for leading oil transportation companies are expected to reach new highs. As of March 19, 2026, 14:39, the CNI Oil & Gas Index (399439) surged by 1.79%. Component stocks such as Tianhao Energy rose by 20.00%, Blue Flame Holdings by 9.98%, Intercontinental Oil & Gas by 7.22%, and stocks like Xin Natural Gas and China National Offshore Oil Corporation also followed suit. The oil ETF Penghua (159697) increased by 1.67%, with the latest price reported at 1.52 yuan. The oil ETF Penghua closely tracks the CNI Oil & Gas Index, which reflects the changes in the securities prices of listed companies related to the oil and gas industry on the Shanghai and Shenzhen North exchanges. Data shows that as of February 27, 2026, the top ten weighted stocks in the CNI Oil & Gas Index (399439) are China Petroleum, China National Offshore Oil Corporation, China Petroleum & Chemical Corporation, Jereh Group, China Merchants Energy Shipping, COSCO Shipping Energy, Guanghui Energy, Intercontinental Oil & Gas, Jiufeng Energy, and New Natural Gas. The top ten weighted stocks account for a total of 67.92% ### Related Stocks - [399439.CN](https://longbridge.com/en/quote/399439.CN.md) - [159588.CN](https://longbridge.com/en/quote/159588.CN.md) - [159181.CN](https://longbridge.com/en/quote/159181.CN.md) - [159199.CN](https://longbridge.com/en/quote/159199.CN.md) - [159697.CN](https://longbridge.com/en/quote/159697.CN.md) ## Related News & Research - [POLL-US natural gas stockpiles likely rose by 85 billion cubic feet last week](https://longbridge.com/en/news/286306102.md) - [Asia Distillates-Diesel margins climb back to two-week high; window activity thin](https://longbridge.com/en/news/286235228.md) - [Russian SMEs struggle as war, taxes, and oil losses mount](https://longbridge.com/en/news/286910355.md) - [Citgo Delivers Strong Refinery Performance In First Quarter 2026](https://longbridge.com/en/news/286414039.md) - [07:56 ETWellen Park marks 10 years among America's top-selling master-planned communities](https://longbridge.com/en/news/286766568.md)