AI Data Insight
Latest data shows that in Q3 2026, the export delivery value of China's oil and natural gas extraction industry decreased by 5.2% year-on-year, a significant improvement from the previous value of -19.6%. Although the data remains in the contraction zone, driven by geopolitics pushing up international oil prices and the steady expansion of China's overall industrial exports, the decline has narrowed. It is expected that under the "15th Five-Year Plan" energy security planning and oil price fluctuations, short-term export value will maintain a weak recovery.