中国能源：市场所忽视的要点-China Energy-What the Market is Missing

March 22, 2026 08:28 PM GMT China Energy | Asia Pacific What the Market is Missing Markets remain hesitant on oil price normalization, drawing parallels with 2022 and underestimating potential post tension restocking demand. We see US$70-90/bbl Brent as PetroChina H's sweet spot, offering the best gas leverage, high dividend yield, and energy security exposure. Reiterate OW. Not just about high oil prices, but oil availability risk. Recent investor feedback points to concern that oil prices could correct sh ...