China National Offshore Oil Corporation (CNOOC) reported on Thursday an 18.7-percent rise in its net profit for the first half of 2019 on the back of increased sales of oil and gas that more than offset volatile commodity prices. CNOOC warned analysts at the briefing to present the results that oil prices could continue to be highly volatile amid the U.S.-China trade war and concerns about economies and global oil demand growth. “The lingering economic and trade disputes, as well as geopolitical instability, may result in further volatility…
