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China Petroleum & Chemical Closes Higher On Rise In Commodity Prices

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Reacting to climbing crude oil prices and a general upward momentum in the markets, China Petroleum & Chemical Corp. (SNP) gapped open higher on Monday and drifted upward for most of the day.

The stock ended the session at $75.35 up $12.85 from Friday's close.

The advance returned recent losses and took the stock to its highest level in over a week.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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