[Featured Stock] International Oil Price Surpasses $80 Again... SK Innovation Up 7%
The scene of SK Innovation's extraordinary general meeting of shareholders held on the 16th at the SK Seorin Building in Jongno-gu, Seoul. SK Innovation held the extraordinary general meeting of shareholders on this day and resolved the physical division plan of the battery and oil exploration and production (E&P) businesses. Photo by Hyunmin Kim kimhyun81@
View original image[Asia Economy Reporter Ji Yeon-jin] On the 12th, SK Innovation showed a surge of over 7% due to the sharp rise in international oil prices.
As of 10:32 AM on the same day, SK Innovation was trading at 258,500 KRW, up 7.04% (17,000 KRW) compared to the previous day.
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On the 11th (local time), West Texas Intermediate (WTI) crude oil on the New York Mercantile Exchange rose by $2.99 (3.82%) to $81.22 per barrel compared to the previous day, which is interpreted as increasing expectations for improved performance. This is the first time in about two months since November 16 last year that WTI has surpassed the $80 mark based on the closing price.
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