By Justina LeeShares of Hong-Kong listed Chinese oil stocks are higher in Monday trade ahead of the monthly meeting of OPEC+, where the production outlook will be discussed. PetroChina Co. is the top gainer among the three Chinese oil majors, rising as much as 3.0% to 3.78 Hong Kong dollars (US$0.48) early in the session. The group of oil producers is expected to keep levels steady at the meeting, The Wall Street Journal reported earlier, citing unnamed sources. Citi names PetroChina and Cnooc as its preferred picks in the Chinese oil sector. Write to Justina Lee at justina.lee@wsj.com(END) Dow Jones NewswiresSeptember 05, 2022 00:32 ET (04:32 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal September 05, 2022 04:42 UTC