Low prices hit gains of PetroChina and Cnooc

  • Low prices hit gains of PetroChina and Cnooc

    Low prices hit gains of PetroChina and Cnooc

    Wednesday, 22nd August 2007
    Lower oil prices dented first-half earnings at oil giant PetroChina and offshore specialist Cnooc, but helped Asia's top refiner Sinopec, though rebounding crude prices may reverse their fortunes in the second half.