PetroChina A-share stock heads into Monday: oil near $70, OPEC+ decision, and a Dalian refinery restart report
PetroChina’s Class A shares closed at 11.02 yuan in Shanghai Friday, up 1.2% after reaching a 52-week high of 11.15 yuan. Crude prices hovered near six-month peaks as OPEC+ kept March output steady, citing Iran tensions. PetroChina’s parent plans to restart a 200,000 bpd Dalian refinery unit by mid-2026 to process discounted Russian crude, pending regulatory approval.