{"id":659689,"date":"2026-03-30T10:35:31","date_gmt":"2026-03-30T05:05:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=659689"},"modified":"2026-03-30T10:35:31","modified_gmt":"2026-03-30T05:05:31","slug":"petrochina-profit-drops-on-lower-oil-cost-weak-fuel-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petrochina-profit-drops-on-lower-oil-cost-weak-fuel-demand\/","title":{"rendered":"PetroChina Profit Drops on Lower Oil Cost, Weak Fuel Demand"},"content":{"rendered":"<p>(Bloomberg) &#8212; PetroChina Co.\u2019s earnings fell last year, as softer crude oil prices and sluggish fuel demand weighed on profits.<\/p>\n<p>The country\u2019s largest oil and gas producer reported net income of 157.3 billion yuan ($22.8 billion), compared with 164.7 billion yuan in 2024, according to an exchange filing on Sunday. Brent crude averaged about $68 a barrel \u2014 15% lower than the previous year \u2014 as global supply outpaced demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; PetroChina Co.\u2019s earnings fell last year, as softer crude oil prices and sluggish fuel demand weighed on profits. The country\u2019s largest oil and gas producer reported net income of 157.3 billion yuan ($22.8 billion), compared with 164.7 billion yuan in 2024, according to an exchange filing on Sunday. Brent crude averaged about $68 a barrel \u2014 15% lower than the previous year \u2014 as global supply outpaced demand.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-659689","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/659689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=659689"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/659689\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=659689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=659689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=659689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}