Brent Crude Rises: Shares of Asia Pacific oil producers and refiners advanced as crude prices continued to jump, on the back of OPEC+ agreeing to maintain gradual production increases.
READ MORE: SPOT GOLD REPORTS : Gold Current Price $1741 Target PC
- Brent futures +0.5% to $81.68/barrel as of 3:28 p.m. Hong Kong Time, near 2018 high
- India: Oil & Natural Gas surges as much as 10% to highest since July 2019; Indian Oil climbs 3.4%
- Australia: Oil Search closes up 2.3%, Woodside Petroleum 4%, Santos 2.5%
- Japan: Inpex up 5.6% to highest since Feb. 2020; Japan Petroleum Exploration +5.5%, Idemitsu Kosan +3.7%
- Hong Kong: PetroChina gains 6.8%, CNOOC 2.5%, China Petroleum & Chemical 2.4%
- Southeast Asia: Philippines’ Petron rises 8%; Thailand’s Bangchak +2.7%, PTT Exploration & Production +1.7%