Tuesday, October 29, 2013

PetroChina Profit Rises In Q3, Refining Losses Narrowed

PetroChina Co, China's largest oil company, reported a 19 percent increase in third quarter profit, as retail fuel pricing reforms reduced refining losses. Moreover, PetroChina's net income climbed to 29.8 billion yuan ($4.89 billion), or 0.16 yuan per share, in the quarter ended September, compared with 24.9 billion yuan or



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