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PetroChina reports hike in profit
Aug. 31, 2018

PetroChina reports hike in profit

China-based PetroChina Co’s net profit in the recent quarter folded twice from a year earlier. The profit of second-quarter increased to $2.48 billion from the corresponding last year quarter. The revenue of the recent quarter has climbed up by 17.5% which is highest since the 2014 third quarter. The surge in the overall earnings was due to high crude oil prices, strong gas sales, and good refining margins.

   Read More About : China Crude Oil PetroChina Oil and Gas
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