Changes in Hong Kong stocks | International oil price shock falls back, CNOOC (02883) falls more than 4%, CNPC (00857) falls more than 3%

The Zhitong Finance App learned that petroleum stocks fell collectively. As of press release, CNOOC Oilfield Services (02883) fell 4.63% to HK$7.515; CNOOC (00883) fell 3.32% to HK$23.9; CNPC (00857) fell 3.19% to HK$10.01; and China Petroleum & Chemical (00386) fell 2.51% to HK$4.47.

According to the news, international oil prices fell from a high level, and Brent crude oil futures fell more than 1.5% to 104.4 US dollars/barrel during the day. According to CITIC Construction Investment Futures, although the crude oil trade volume exported through the Strait of Hormuz has recovered to 85% before the conflict in the past two weeks, the recent escalation of the Saudi-Houthi armed conflict and attacks on more oil tankers still cause the market to continue to worry about export recovery. An attack on Saudi Aramco's office building in the east of the country on the evening of the 13th caused a limited scale fire, and Iran also stepped up its crackdown on ships passing through the Strait of Hormuz. The oil price trend in October is still highly dependent on changes in the situation in the Middle East and strait flow.