The latest financial report shows that CNOOC has good cost control in the first three quarters, with a barrel of oil cost (full cost of barrel of oil) of US$28.37, a year-on-year decrease of 6.3%. Based on the results of the first half of this year’s financial report, the cost of barrel of oil was US$28.17, analysts pointed out that CNOOC is expected to control the cost of barrel of oil below US$30 again in 2023.
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