StocksMediumUpdated•Originally published 16 October 2026•Updated 16 October 2026•
1 min read
PetroChina Expects Record Trading Profits Amid Energy Market Volatility
Key Facts
1PetroChina is expected to achieve record trading profits as global energy markets are upended by war.
PetroChina's trading arm is expected to achieve record profits exceeding $3 billion (20 billion yuan) in 2026. Reuters reported that the surge is driven by rising crude oil prices and global market disruptions caused by ongoing conflict.
PCCYF closed at $1.13 on October 15, 2026, having reached a session high of $1.36. The company is successfully capitalizing on arbitrage opportunities and shifts in traditional supply chains that have emerged amid extreme volatility in global energy flows.