News of Midas-touch investor Warren Buffet buying into PetroChina set off a rally in May, with the shares up by some 40% since then and the company continuing to outperform its international peers. PetroChina’s New York Stock Exchange listed American Depository Receipts (ADR) hit a record high of more than US$35 in recent trades. It…
CHINA: PetroChina up 50%, still looking good on high oil price
Posted on September 8, 2003 by EnergyAsia