Ge Long Hui·2025-11-04 02:40Group 1 - The three major oil companies in Hong Kong continue to experience an upward trend, with China Petroleum rising over 3%, reaching its highest price since April 2008 [1] - China National Offshore Oil Corporation and China Petroleum & Chemical Corporation both increased by over 1%, setting new stage highs [1] - A report from Credit Lyonnais indicates that China Petroleum's Q3 performance demonstrates the company's ability to deliver stable and resilient profits amid oil market fluctuations [1] Group 2 - The dividend outlook and stability of China Petroleum are considered the best among its peers [1] - Credit Lyonnais raised the target price for China Petroleum's H-shares from HKD 8.6 to HKD 8.8 and for A-shares from CNY 11.9 to CNY 12, maintaining an "outperform" rating and viewing it as the top choice among the three major oil companies [1] - A Reuters survey conducted in October shows that analysts' predictions for oil prices remain largely unchanged due to OPEC+ production targets and weak demand offsetting geopolitical supply risks [1] Group 3 - The survey of 36 economists and analysts predicts the average price of Brent crude oil to be USD 67.99 per barrel in 2025, an increase of approximately 38 cents from last month's estimate [1]