HK Stock Market Move | "Three oil giants" active in the early session, CNOOC (00883) rises more than 3%, PetroChina (00857) rises nearly 2%.

The three major oil companies showed strong activity in the morning session. As of the time of publication, CNOOC (00883) rose by 3.08% to 20.1 Hong Kong dollars; PetroChina (00857) rose by 1.77% to 8.03 Hong Kong dollars; Sinopec (00386) rose by 1.21% to 4.18 Hong Kong dollars. On the news front, overnight oil prices increased significantly. International crude oil futures settlement prices rose by more than 2%. WTI crude oil futures rose by 2.20% to $58.50 per barrel; Brent crude oil futures rose by 2.07% to $62.59 per barrel. According to CCTV News, on the 22nd local time, the US Treasury announced sanctions on two large Russian oil companies, including Rosneft and Lukoil. EB SECURITIES recently pointed out that under the premise of remaining uncertainties in geopolitics, the medium to long-term supply and demand situation of crude oil still has a strong foundation. From a long-term perspective, it continues to be optimistic about the "three barrels of oil" and oilfield service sectors.