Covid crisis has driven oil price into negative territory for the first time in history last April, where oil futures’ sellers have to pay buyers to own the oil due to the lack of storage. Since then, WTI oil price has recovered to USD60-70 per barrel. In fact, Crude Oil price has hit a high of USD75 per barrel this year, even higher than the pre-covid 2019 high of USD66 per barrel. Following the recovery of oil prices, major players in Oil & Gas have also see their share prices recovered and continue to pay out attractive dividends. Above is a table showing the performance of 6 oil counters namely Exxon, Shell, Chevron listed in NYSE and Sinopec, CNOOC, PetroChina listed in HKSE. Note that the Chinese oil counters are also listed in NYSE under different codes of SNP, CEO and PTR, but in this comparison, the HKSE counters are