PetroChina achieved revenue of RMB 2,864.47 billion and profit of RMB 157.32 billion in 2025, maintaining high operating results despite lower oil prices.
China halts diesel and gasoline exports due to Middle East conflict, impacting global oil supply. Government orders refineries to stop new contracts and cancel existing ones.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.