China Petroleum & Chemical Corporation News
What Exactly Does OPEC Do That Affects Oil Prices?
The Organization of the Petroleum Exporting Countries usually stays silent on oil fluctuations, but its market influence is deeply rooted.
Energy Takes a Backseat as Crude Oil Stabilizes Under $50
Energy keeps pace with broader markets on Monday, Sept. 18 after days of leading them higher.
China Communist Party Has Just Become Besties With Hong Kong
More than 30 of the largest listings in Hong Kong have rewritten their own rules to make the Chinese Communist Party the ultimate authority on corporate decisions.
Dow Scores Ninth Straight Record Close With Tiny Gains
DJIA, S&P 500 and Nasdaq all rise slightly on the session.
Dow Is Back on Track to Close at a Record High as Consumer Staples Lead
The Dow has closed with a record for eight straight days. It's going for its ninth.
Energy Losses Put Dow's Record-Breaking Streak in Jeopardy
The Dow could close with its ninth day of records.
Here Are the Chinese Companies Most At Risk After Moody's Surprise Downgrade
Although it was the downgrade of China's creditworthiness as a nation that grabbed yesterday's headlines, three dozen companies are also finding it harder or more expensive to borrow.
Syrian Crisis and Jobs Disappointment Bombshells Make For a Rocky Day on Wall Street
Wall Street slumps as worries rise over the U.S.'s role in the Syrian conflict and a disappointing jobs number for March.
Illumina's Singapore Tax Holiday is About to Expire
The DNA sequencing giant generated over 10% of its diluted earnings per share in 2021 from a tax holiday.
Oil Volatility Returns, Pushing Gasoline Prices Higher
The 14-week decline in gasoline prices ended while two million people in Florida are still without power.
New Electric Vehicle Beats Tesla When it Comes to the Environment
A new EV would radically change how cars are made and that could be a threat to the market leader.
McDonald's Menu Adds a (Very) New Take on an Old Favorite
The fast-food giant has been hesitant to make changes like this, but Wendy's bold move may have forced it to.