BP#CNOOCRC2706C

CNOOC Increases Forties Quote, WTI Midland Price Spread Up

Bernstein Maintains Buy Rating on CNOOC Limited

CNOOC Starts Production at Brazilian Oil Field BUZIOS6

China National Offshore Oil Corporation's Ring Hainan Island Offshore Gas Fields Cumulative Production Exceeds 10 Million Tons in 2025

Petroliam Nasional Reaches LNG Supply Agreement with China National Offshore Oil Corporation

CNOOC Discovers Major Oilfield in Bohai, Adding More Than 100 Million Tons of Reserves

CNOOC Starts Production in Pearl River Mouth Basin Oilfield

CNOOC Begins Production at Xijiang 24 Block Oilfield

CNOOC's Bohai Oilfield Achieves Record Oil and Gas Production of 40 Million Tons in 2025

CNOOC's Special General Meeting Approves Continuation of Non-Exempt Related Party Transactions

CNOOC Begins Production in the Beibu Gulf Basin in the South China Sea

Investigation Launched for Li Zhong, Vice President of CNOOC Research Institute Suspected of Serious Disciplinary Violations and Illegal Activities

CNOOC First Shipments of Guyana 'Golden Arrow' Crude to China

CNOOC Jiangsu Natural Gas Co., Ltd. Capital Increase and Management Changes

Dongxing Securities Report: CNOOC's Oil and Gas Output Growth Despite Revenue Decline

GJ Securities Gives China National Offshore Oil a Buy Rating, Valuation Advantage

Xin Changxing and Liu Xiaotao Meet CNOOC Chairman Zhang Chuanjiang to Discuss Cooperation

CSSC Signs Strategic Cooperation Agreement with CNOOC and Sinochem Group

CNOOC Sees Record Procurement Signings at CIIE

ALLEGRO CULTURE

FULLSHARE

YANCHENG PORT

SKYWORTH GROUP

P.B. GROUP

SINO SPLENDID

ALCO HOLDINGS

SHIFANG HLDG

BIOSINO BIO-TEC

LING YUI

00386

00857

00934

00883

516570

601857

600028

159731

600938

China's naphtha imports to rise ahead of tax revamp, traders say

marketscreener

SINOPEC CORP

COSL

CHINA OILFIELD

PETROCHINA

SINOPEC KANTONS

RSPC

CNOOC

Guotai CSI Oil & Gas Industry ETF

E Fund CSI Petrochemical Industry ETF

Sinopec Corp.

ChinaAMC CSI Petrochemical Industry ETF

Bosera CSI Oil & Gas Resources Index ETF

China Universal CSI Oil & Gas Resources ETF

China's naphtha imports to rise ahead of tax revamp, traders say

Bernstein released a strategy report for the Asia-Pacific region, listing its preferred stocks for the first half of 2023, including CNOOC, JD, SK Hynix, Samsung Electronics, Tokyo Electron, and several other companies

AASTOCKS

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

XI2CSOPSMSN

XL2CSOPSMSN

SPDR S&P Semicon

GTJA Allianz SSE STAR Chip Design Thematic ETF

Tokyo Electron Ltd.

Harvest SSE STAR Chip ETF

Invesco Semiconductors ETF

SAMSUNG SEMICON

Samsung Electronics 

JD HEALTH

ChinaAMC Guozheng Semiconductor Chip ETF

Guotai CES Semiconductor Chip Industry ETF

XI2CSOPSMSN-U

First Trust Nasdaq Food & Semicon

JD LOGISTICS

VanEck Semiconductor ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

Harvest CSI All Share Integrated Circuit ETF

JD-SW

iShares Semiconductor ETF

Tokyo Electron

"Big Banks" Bernstein lists top picks in the Asia-Pacific region for the first half of this year (Table)

00632

Asia's diesel market remains subdued, with timespreads easing slightly amid ongoing February refiner sales. Traders are monitoring China's expected diesel exports of 250,000-300,000 metric tons and jet fuel exports of 2.1 million tons. Refining margins have increased slightly to around $20 per barrel. Physical cargo activity is thin, with cash differentials stable at premiums of 15 cents per barrel. Indonesia's Pertamina is seeking jet fuel deliveries, while China's crude oil imports from Russia fell 0.7% year-on-year in December, despite reaching a high for 2025.

Reuters

CHK OIL

Yinhua CSI Oil & Gas Resources ETF

Asia Distillates-Diesel timespreads ease slightly despite thin trade; Feb refiner sales ongoing

The National Development and Reform Commission announced that starting from midnight tonight, the domestic prices of gasoline and diesel will increase by 85 yuan per ton due to fluctuations in international oil prices. Companies such as PetroChina, Sinopec, and CNOOC must ensure stable production and supply of refined oil, and relevant departments will strengthen market supervision to maintain normal market order

Mainland China will raise the prices of refined oil starting at midnight tonight

00017

STECH

36Kr learned that the Hang Seng Index fell 0.55% during the midday break, and the Hang Seng TECH Index dropped 1.83%; the retail, media, and healthcare sectors led the decline, with Trip.com Group falling over 19%, Huajian Medical dropping over 12%, and Lehua Entertainment decreasing over 6%; the chemical, oil and petrochemical, and real estate sectors saw the largest gains, with NEW WORLD DEV rising over 12%, Zhongwei New Materials increasing over 5%, and CNOOC up over 2%; southbound funds had a net outflow of HKD 13.1663 million

36Kr

NEW WORLD DEV

Hang Seng TECH Index

The Hang Seng Index fell 0.55% at midday, and the Hang Seng TECH Index dropped 1.83%

EQNR

U.S. WTI Midland, North Sea Forties, and Ekofisk crude differentials increased on Monday. WTI Midland saw Equinor sell to Gunvor for February 4-8 at dated Brent plus $2.45 CIF Rotterdam, up from Friday's deal. Forties cargo was sold by CNOOC to Gunvor for February 8-10 at dated Brent plus $1.20. Exxon bid for Ekofisk at dated Brent plus $1.85 for February 9-11, reflecting an upward trend in crude prices.

- U.S. WTI Midland, North Sea Forties, and Ekofisk crude differentials experienced an increase on Monday.  
- WTI Midland's selling price rose to dated Brent plus $2.45 CIF Rotterdam, while Forties was sold at dated Brent plus $1.20.  
- Ekofisk saw a bid at dated Brent plus $1.85, indicating a general upward trend in crude differentials.

Exxon Mobil

Equinor Asa

Forties, Ekofisk and WTI rise

Investment Ratings and Target Prices for Oil Stocks by Citigroup in "Big Banks" (Table)

U.S. WTI Midland crude differentials increased on Friday following a deal, while CNOOC raised its offer for Forties. Equinor sold WTI Midland to Exxon at dated Brent plus $2.35 CIF Rotterdam, reflecting a rise from previous indications. CNOOC offered Forties at dated Brent plus $1.25 for February 8-10, also up from recent indications.

 WTI trades higher, CNOOC offers Forties

BABA

09988

TCEHY

TCTZF

00700

The Hang Seng Index opened 108 points lower this morning and continued to decline, dropping as much as 302 points, currently reported at 26,439 points, down 270 points or 1.01%. Major blue-chip stocks "ATM" led the decline, with Alibaba down 4%, Tencent down 2%, and Meituan down 2.2%. International oil prices fell, with PetroChina and CNOOC down 3.2% and 2.8% respectively. Precious metal stocks performed strongly, with Luoyang Molybdenum up 5.7% and Rusal up 5.5%. The three major U.S. stock indices continued to rise, with the Dow Jones reaching a new closing high, while gold and silver prices increased and oil prices fell

- The Hang Seng Index opened down 108 points, continuing its decline with a low of 26,408 points before recovering to 26,439 points by noon, down 270 points or 1.01%.  
- Major tech stocks like Alibaba and Tencent led the drop amid new regulations on live commerce in Mainland China, which aim to protect consumer rights and ensure fair market competition.  
- In contrast, precious metal-related stocks performed well, with several companies seeing significant gains amidst rising gold and silver prices driven by geopolitical tension.

Stheadline

Alibaba

BABA-W

Tencent

Tencent Holdings Limited

TENCENT

The Hang Seng Index fell 270 points in the half-day session, with ATM leading the decline. The three major oil companies dropped, while precious metal stocks rose against the trend | Hong Kong stock market opening

In a report released today, from Bernstein maintained a Buy rating on CNOOC Limited, with a price target of HK$24.82.Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential The word on The Street in general, suggests a Strong Buy analyst consensus rating for CNOOC Limited with a €2.67 average price target.

Tip Ranks

Bernstein Keeps Their Buy Rating on CNOOC Limited (NC2B)

The National Development and Reform Commission announced that due to slight fluctuations in international oil prices, there will be no adjustment to domestic refined oil prices today. According to the current pricing mechanism, the adjustment amount is less than 50 RMB, and the unadjusted amount will be accumulated for the next price adjustment. Companies such as PetroChina, Sinopec, and CNOOC must ensure stable production and supply of refined oil, and relevant departments will strengthen market supervision to maintain normal market order

Mainland refined oil prices will not be adjusted today according to the mechanism

$CNOOC(00883.HK) has performed well these days.

CNOOC-R

BP#CNOOCRC2706C(69656.HK)

China's naphtha imports to rise ahead of tax revamp, traders say

"Big Banks" Bernstein lists top picks in the Asia-Pacific region for the first half of this year (Table)

Asia Distillates-Diesel timespreads ease slightly despite thin trade; Feb refiner sales ongoing

Mainland China will raise the prices of refined oil starting at midnight tonight

The Hang Seng Index fell 0.55% at midday, and the Hang Seng TECH Index dropped 1.83%