Bloomberg | Big Oil's Shrinking Act Has More to Go in China Bloomberg China's oil output slump shows no signs of abating as the country's state-run energy giants hold back spending to cope with the crash in prices. China's Big Three producers, led by PetroChina Co., have spent about half of their 2016 capital-expenditure ... Low Oil Prices Eat Into PetroChina, Profit Drops 77% |