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Oct. 31, 2018
Source: Reuters

PetroChina scores big in Q3

Asia’s largest oil and gas producer, PetroChina registered its highest Q3 profit since 2014. In a regulatory filing, PetroChina yesterday reported $3.02 billion in net profits, ramping up 350% from 4.69 billion yuan in 3Q2017. Revenue for the state-owned firm rose by 24.8%, owing to higher global oil and gas prices.

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