China Aviation Oil Could Benefit From Oil-Price Volatility in Near-Term -- Market Talk
Dow Jones
Mar 11
0224 GMT - China Aviation Oil (Singapore) could benefit from oil-price volatility in the near term, UOB Kay Hian analysts say in a report. Recent gains in oil prices amid the Middle East conflict could help the jet fuel supplier's short-term profitability, the analysts say. The company's business continues to benefit from ongoing recovery in Chinese air travel, the analysts say, citing data from Civil Aviation Administration of China. The brokerage raises its target price on the stock to S$2.63 from S$2.09 with an unchanged buy rating. Shares are 0.5% lower at S$1.90. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 10, 2026 22:24 ET (02:24 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.