The following is a summary of the main news in the oil industry on March 24, 2025:
1. Domestic crude oil futures market dynamics
1. Domestic crude oil futures rose slightly
The main contract of Shanghai International Energy Exchange crude oil futures (2505) closed at 534.4 yuan/barrel, up 0.58%, with a trading volume of 105,000 lots and a decrease of 825 lots to 32,500 lots.
2. International oil prices rose synchronously
International oil prices rose overall on the 24th, but the specific increase was not disclosed in detail in public reports.
2. Corporate dynamics and market performance
1. Marathon crude oil transaction volume dropped sharply
The US stock Marathon crude oil (MPC) had a transaction volume of US$461 million on the day, a decrease of 54.78% from the previous trading day, with a transaction volume of 3.0873 million lots, ranking 200th on the US stock transaction list.
2. Sinopec Oilfield Services Repurchase of Shares
Sinopec Oilfield Services (01033) spent approximately RMB 2.3138 million to repurchase 1.1667 million A shares, showing the company's confidence in its own stock price.