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Every Economic Daily AI Express, Tianfeng Securities released a research report on May 1, giving China Oil (600938.SH) a buy rating. The main reasons for the rating include: 1) China Oil's net profit attributable to its parent company in the first quarter of 2025 was 36.6 billion; 2) Domestic production growth is faster, benefiting from contributions such as the Bohai Bay 19-6 oil and gas field; 3) Barrel oil costs have decreased slightly due to falling oil prices; 4) The discount on oil prices compared to the same period in previous years has narrowed slightly. (Daily Economic News)
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