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Bloomberg

Cnooc First-Half Profit Rises After Iran War Boosted Oil Prices

Wednesday, August 26, 2026


China National Offshore Oil Corporation reported first-half 2026 profit increases following a rise in global oil prices. The company did not specify the percentage increase or provide detailed financial figures in its initial announcement. Oil prices rose during the first half of 2026 amid tensions in the Middle East.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-26/cnooc-first-half-profit-rises-after-iran-war-boosted-oil-prices

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