Higher oil prices boost PetroChina’s earnings in H1 2024

China’s largest oil and gas company PetroChina Co. posted record operating profits for the the six months through June thanks to strong drilling output and higher oil prices, which allowed it to offset weak fuel demand domestically. Global benchmark Brent averaged more than $83 a barrel in the first half, compared with about $80 over the same period in 2023. In the

READ MORE