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PetroChina (NYSE: PTR) closed at $142.29 Thursday.
WTI Crude Futures are recently up 1.71% to $129.98 according to Bloomberg.
China's longest fuel pipeline, operated by PTR, is at risk of damage from an earthquake lake that's threatening to burst its banks, said PTR.
PTR overall option implied volatility of 41 is below its 26-week average of 50 according to Track Data, suggesting decreasing movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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