|Bid||3.860 x 0|
|Ask||3.870 x 0|
|Day's range||3.820 - 3.930|
|52-week range||2.950 - 4.690|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||7.29|
|Forward dividend & yield||0.35 (8.97%)|
|Ex-dividend date||09 Sept 2021|
|1y target est||N/A|
SINGAPORE (Reuters) -China's oil consumption is likely to peak around 2026 at about 16 million barrels per day and that of natural gas by around 2040, according to a top executive of Sinopec Corp. Sinopec's oil peak forecast echoes a prediction by consultancy Rystad Energy in April that cited rapid adoption of electric vehicles as the main cause for global oil demand to peak over the next five years.
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China's top anti-graft watchdog said on Wednesday it was investigating ex-Sinopec Group vice president Cao Yaofeng, in the latest probe into a former executive at the energy giant. Chinese President Xi Jinping has waged a war on corruption since he came to power in 2012, locking up dozens of senior officials and executives. China's Central Commission for Discipline Inspection (CCDI) said Cao, who was a vice president at state-run Sinopec from 2005-14, was suspected of making "serious breaches of discipline and the law", which is how it refers to corruption.