AI Data Insight
In Q2 2026, the export delivery value of China's oil and natural gas extraction industry dropped to 2.7 hundred million RMB, shrinking slightly from the previous value of 2.8 hundred million in Q1, and continuing to hover at historic lows. Despite a significant surge in domestic extraction value-added and factory-gate prices during the same period, under the pressure of obstructed Middle East shipping and declining imports, officials have prioritized securing domestic energy supply, substantially suppressing the export momentum of the oil and gas industry.