Asian stocks opened mostly higher Thursday (Dec 1st) morning on OPEC’s oil deal. Mining and energy stocks lifted Australia’s All Ordinaries as BHP Billiton and Rio Tinto gained 4.3% and 2% respectively. Santos Ltd and Woodside Petroleum, both are oil and gas producers, jumped 12.72% and 6.04% respectively in Sydney.
In Hong Kong, PetroChina and CNOOC Ltd, two of the world’s largest producers, gained 5.3% and 6.95%, while KrisEnergy advanced 3.43% in Singapore.To subscribe please click here