PetroChina Profit Slips From Record After Oil Prices Tumble

Bloomberg.com · last updated August 26, 2025 – 3:54 AM

PetroChina Co.’s profit fell from a record in the first half as crude prices dropped and domestic oil demand flat-lined.

China’s biggest oil and gas producer reported 84 billion yuan ($12 billion) net profit for the first six months of the year, compared to 89 billion yuan in the same period in 2024, it said in an exchange filing. The company posted record half- and full-year profits last year.

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