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S&P Dow Jones Indices to take away oil large CNOOC because of sanctions By Reuters


© Reuters. FILE PHOTO: Logos of China Nationwide Offshore Oil Company (CNOOC) are displayed at a information convention in Hong Kong

(Reuters) – S&P Dow Jones Indices mentioned late on Wednesday it’s going to take away oil large China Nationwide Offshore Oil Corp’s (CNOOC (NYSE:)) securities because of U.S. sanctions.

“The securities ( CNOOC Ltd ADR and CNOOC Ltd H Shares) can be faraway from impacted indices on or earlier than February 1, 2021″, S&P Dow Jones Indices mentioned in an announcement.

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