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China Petroleum's H1 2026 Oil and Gas Output Up 0.3%, Refined Oil Sales Fall 9.2%

2026-07-23 08:37:17

GAS1.09%

According to China National Petroleum Corporation, the company's combined oil and gas production reached 263.48 million barrels of oil equivalent in the first half of 2026, up 0.3% year-over-year. However, domestic refined oil sales fell to 79.00 million tons, down 9.2% compared to the same period last year. The company also reported declines in crude oil processing volume and gasoline and diesel output during the period.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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China Fuel Oil Imports Plummet 63.36% in Q2 2026 to 2.52M Tonnes

U.S. Crude Oil Production Falls 90,000 Barrels Per Day for Week Ending July 17

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