OPEC’s decision to cut production lifted crude oil to above US$47 per barrel. This led to rally of resources-related stocks worldwide. Santos gained almost 8% in Sydney Thursday (Sep 29) morning, while CNOOC advanced 4.4% in Hong Kong. Earlier on Wednesday, ConocoPhillips gained almost 7% in New York, while ExxonMobil edged up 4.4%.To subscribe please click here
