|Day's Range||117.31 - 117.94|
|52 Week Range||112.32 - 138.36|
|PE Ratio (TTM)||1,174.00|
|Dividend & Yield||5.92 (5.00%)|
|1y Target Est||147.83|
With President Donald J. Trump headed to Saudi Arabia before an expected OPEC oil production cut announcement on May 25, oil prices jumped more than 5% this week. The U.S. benchmark oil futures contract for June delivery rose 5.2% to $50.33 per barrel, while the international Brent price for July deliver increased 5.5% to $53.61. The United States Oil Fund (USO) rose 5% on the week, while the iShares MSCI Saudi Arabia Capped exchange-traded fund (KSA) was up fractionally on the week.
Malaysia’s Petronas is looking to entice global buyers with smaller, shorter, more flexible LNG contracts and to eventually supply trucks and ships with the fuel
Announcement: Moody's: Rise in China's oil refining capacity to show limited effect on refining giants, CNPC and Sinopec. Global Credit Research- 15 May 2017. Hong Kong, May 15, 2017-- Moody's Investors ...