Frozen crude oil and petrochemical stocks dance event of the stimulus would have difficulty continui aizi

"Frozen" crude oil and petrochemical stocks dance event of the stimulus would have difficulty continuing Sina App: Live on-line blogger to guide the purchase of new shares: the stock market is the most simple way to pick up the money newspaper reporter Ann Li Fen Guangzhou reported in September 29th, the Shanghai and Shenzhen two City petrochemical sector collective pulled up sharply, boosting the market once again approaching 3000 points. At the close, SWS Petrochemical index rose 43.3 points to 2543.61 points. Among them, Chinese oil (601857.SH), Sinopec (600028.SH) respectively, up 0.56% and 1.68%, in addition to Rongsheng Petrochemical (002493.SZ), Xinhua Kam (600735.SZ), Huajin shares (000059.SZ) and other stocks intraday rose more than 5%. In the industry view, the petroleum and petrochemical industry is mainly stimulated by OPEC crude oil production reached an agreement frozen "accident" news, since the 2008 financial crisis for the first time agreed to cut production. However, historical data show that OPEC production cuts have little effect on oil prices. For oil prices, the key depends on whether the economy stabilized. Event stimulus in the oil and gas market supply and demand in the context of overall easing in recent years, international oil prices continued to decline, oil prices are also very difficult days. To two barrels of oil, for example, in the first half of this year, China Petroleum, Sinopec were net profit of $528 million and $19 billion 250 million, down by 98% and 21.3%, profit decline channel has lasted two and a half years. Downstream oil service company situation is more severe. The first half of this year, China Petrochemical Oil service (601808.SH), (600871.SH) the huge loss of 8 billion 400 million yuan and 4 billion 500 million yuan respectively. However, there are also part of the oil service company Enron through the winter, such as intercontinental oil and gas (600759.SH) in the first half profit of 16 million 727 thousand yuan, an increase of 19.2%. Oil service company with the interests of the oil company has been more closely bound, oil service companies are often the first victims of oil in winter. In order to cope with the crisis, oil service companies will reduce service prices, layoffs, reduce management costs, improve the level of oil service, etc.. Therefore, the decline in oil prices is a double-edged sword, on the one hand does affect the profits of a single barrel, on the other hand, in the long term to help them choose a better service company. History has proved that after each round of oil prices fell, the survival of the company, the future will survive well." September 29th, intercontinental oil and gas secretaries fan Hui told reporters on the economic report on twenty-first Century. OPEC cut production will give a deep loss of oil prices bring a ray of sunshine? The afternoon of September 29th, treasure island analyst Xi Jiarui on twenty-first Century crude oil information Economic Herald reporter said, "the news has not been confirmed by the official OPEC; in addition, although the OPEC decided to cut, but how much less? How many countries were reduced? It is unknown, so in the real implementation of the agreement before the country, there are still huge uncertainties; third, even if the final cut, but the limit is 3250-3300 million barrels per day相关的主题文章: