China Petroleum & Chemical Corp Class A
600028: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !k | LOCK|YFN | LOCK|#sSd#> |
Upstream Strength, Downstream Pressure; Long‑Term Oil Price Outlook Intact
On Feb. 28, the US and Israel launched strikes on Iran, sending Brent crude prices above USD 80 per barrel. H-shares of CNOOC and PetroChina have surged more than 9% since then, while Sinopec has shown muted performance.
