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PetroChina H1 profit jumps 22%, fuel sales fall as China demand weakens
Source: reuters.com
Energy Markets & PricesCorporate EarningsCompany Fundamentals
PetroChina reported a 22% jump in first-half net profit, driven by higher oil prices and stronger fuel sales. The earnings beat on pricing and demand provides a modest positive read-through for the oil & gas complex, though it’s not explicitly tied to broader macro policy.
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