|Bid||0.9950 x 0|
|Ask||1.0100 x 0|
|Day's range||0.9950 - 1.0300|
|52-week range||0.8500 - 1.2000|
|Beta (5Y monthly)||1.22|
|PE ratio (TTM)||11.48|
|Earnings date||29 Jul 2021 - 07 Aug 2021|
|Forward dividend & yield||0.03 (2.55%)|
|Ex-dividend date||07 May 2021|
|1y target est||1.27|
China has issued its first batch of 2021 quotas for exports of refined fuel totalling 29.5 million tonnes to seven firms, including a private refiner, according to the blog of a state-run energy exchange and one of the recipient companies. The recipients are CNPC, Sinopec, CNOOC, Sinochem, China National Aviation Oil Company, defence conglomerate Norinco and private refiner Zhejiang Petrochemical Corp, the official blog of state-run Shanghai Petroleum and Natural Gas Exchange showed. Separately, an executive with one of the firms confirmed the quota issue.
Banque de Commerce et de Placements SA, DIFC Branch, has sued China Aviation Oil (Singapore) Corp Ltd over an alleged fraudulent deal as the Swiss bank seeks to reclaim the $19 million it paid to CAO for a cargo, a court document showed. In a writ of summons filed to the Singapore High Court, BCP said it issued a letter of credit in January on behalf of ZenRock Commodities Trading Pte Ltd to finance its purchase of about 260,000 barrels of gasoil from CAO.
Lim Oon Kuin, founder of troubled Singapore oil firm Hin Leong Trading (Pte) Ltd, was charged in Singapore court on Friday with abetment of forgery for the purpose of cheating, police said. Hin Leong, one of Asia's largest oil traders, was placed under so-called judicial management in April after banks demanded repayment of loans as oil prices crashed amid the coronavirus pandemic - a collapse that revealed earlier financial troubles. In the charges on Friday, Lim, known as O.K. Lim, was accused of instigating a Hin Leong employee to forge a document supposedly issued by UT Singapore Services Pte Ltd stating that Hin Leong had transferred more than one million barrels of gasoil to China Aviation Oil (Singapore) Corp, the Singapore Police Force said in a statement on its website.