Oil and Gas Stocks Trade Lower on Aug 12, 2026; Shandong Molong Down 5.47%
Oil and gas sector stocks declined broadly on August 12, 2026. Shandong Molong led the decline, falling 5.47%, followed by Shouhua Gas at 4.46% and Tongyuan Petroleum at 3.43%. *ST Zhunyou, Leshan Electric Power and Sinopec Oilfield Service were among other names that fell more than 2%. The decline was widespread across the sector's listed companies during the trading session.
Oil and gas sector stocks declined broadly on August 12, 2026. Shandong Molong fell 5.47%, Shouhua Gas dropped 4.46%, and Tongyuan Petroleum declined 3.43%. *ST Zhunyou, Leshan Electric Power, Sinopec Oilfield Service and other names fell more than 2%.