PetroChina A-shares jump, but oil headlines and China CPI could decide the next move
PetroChina A-shares closed Friday up 2.3% at 10.77 yuan, trading near their 52-week high ahead of Monday’s open. The move followed volatile crude prices, with Brent settling at $68.05 and WTI at $63.55 as traders tracked U.S.-Iran tensions. About 198.5 million shares changed hands Friday. China’s CPI and PPI data are due Feb. 11.