Core Viewpoint - Hong Kong oil stocks experienced a collective rise at the beginning of trading, driven by an increase in international oil prices and geopolitical tensions affecting oil supply [1] Group 1: Market Performance - China Petroleum & Chemical Corporation (Sinopec) saw a price increase of over 2%, while China National Offshore Oil Corporation (CNOOC) rose by 1.2% [2] - China Petroleum (PetroChina) increased by 2.07% to a price of 8.380, and Sinopec rose by 1.63% to 5.000 [2] - China Oilfield Services and Shanghai Petrochemical also showed gains, with increases of 1.39% and 0.69% respectively [2] Group 2: Oil Price Influences - International oil prices rose by over 1.5% in the previous night’s trading [1] - Everbright Securities highlighted the impact of the Federal Reserve's potential interest rate cuts and ongoing global trade conflicts on oil demand expectations for 2026 [1] - The geopolitical risk premium for oil has increased due to heightened tensions in Iran, contributing to rising oil prices [1] Group 3: OPEC+ Decisions - OPEC+ has decided to pause production increases for Q1 2026, which may alleviate market concerns regarding oil supply [1] - Future production levels will be determined based on changes in the oil market [1]