Oil Producers Shares Up on Greece Hopes in Asia

Jun. 28, 2011 08:00AM PST

Business Insider reports that shares in oil producer led gains today on the Asian markets.

The market news is quoted as saying,

In Hong Kong, shares in oil producers led gains as crude prices rebounded from a four-month low on the New York Mercantile Exchange. Shares in PetroChina jumped 1.55%, while shares in Sinopec rallied 2.5%. Shares in retailer Esprit Holdings, which receives most of its revenue from Europe, jumped 2.5%.