KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) reported a 26% rise in half-year net profit to US$6.74bil (RM24.66bil), excluding minority interests, from a restated US$5.36bil a year ago, boosted by sharply higher crude oil prices and a production increase.
The average price of Tapis, a benchmark for Asian sweet crude, jumped 24.6% between the two periods.
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