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PetroChina posts record interim profit, but fuel sales decline

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China’s largest oil and gas company PetroChina’s first-half net income hit a new high, up 3.9% compared with a year ago, the company said on Monday, as higher oil and gas prices outweighed the impact of reduced refining profits. Net income was 88.61 billion yuan ($12.44 billion) and total revenue was up 5% at 1.554 ...

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