SEHK:386Oil and Gas
How Investors Are Reacting To China Petroleum & Chemical (SEHK:386) Tilting Toward Petrochemicals Over Fuels
China Petroleum & Chemical Corporation recently reported its 2025 operating results, showing slightly higher crude oil and natural gas production but lower refinery throughput and reduced gasoline and diesel output compared with the prior year.
The company’s downstream mix shifted, with jet-fuel-related kerosene and light chemical feedstocks increasing alongside higher ethylene and synthetic resin production, highlighting a tilt toward petrochemicals.
We will now examine how this shift...