Top mover alert - PetroChina surges in PM session on Saudi energy sites attack; call warrant jumps 31%

Macquarie Warrants Singapore
09-08

$PETROCHINA(00857)$ shares are currently trading 3.8% higher on the day to HKD 10.34 as of 322PM as crude oil prices inch closer toward the USD100 mark following an attack on Saudi Arabia's energy facilities

🔝Consequently, trending PetroChina call warrant $PetroCH MBeCW270105(PLMW.SI)$ (https://warrants.com.sg/tools/livematrix/PLMW) is amongst today's top warrant gainers with a 30.7% gain to SGD 0.017

🛢Crude oil prices have rallied 13% over the past six days, driven by a sharp escalation in Middle East risk

Lending strength to crude oil's prices is the release of China's crude oil imports which rose 6.2% in Aug from the previous month

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