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Tag
oil price
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Oil prices extend gains in Asia
Singapore - Oil prices extended gains in Asia Monday boosted by strong US jobs growth data as a cut in US drilling activities sparked hopes of an easing in the global supply glut.
Dollar strengthens against major peers on Fed talk
The dollar strengthened against its major peers on Thursday as fresh signs emerged that the US Federal Reserve could raise key interest rates as early as next month.
Petrolimex to sell 8 pct stake to Japanese JX Nippon & Energy
Vietnam’s leading oil importer and retailer, Petrolimex, plans to sell 8 percent stake to its strategic partner, Japanese JX Nippon & Energy, Bui Ngoc Bao, chairman of Petrolimex’s Board of Managers, told a conference Wednesday.
March 30, 2016 | 03:42 am PT
Asian markets ease off pedal after rally
Asian stock markets ended a volatile first quarter on a cautious note Thursday, as upbeat sentiment fuelled by the prospect of lower US borrowing costs was offset by profit-taking after recent gains.
March 31, 2016 | 12:04 am PT
Petrolimex hikes price of diesel
Petrolimex Corporation, Vietnam’s top oil importer and distributor, pushed up retail prices of diesel by five percent on Wednesday afternoon, while holding prices of other products.
April 20, 2016 | 02:02 am PT
Oil and shipping markets on edge after 'South China Sea' ruling
Brent crude oil prices jump 2 percent after The Hague rules against China on one of the world's most important shipping lanes.
July 12, 2016 | 04:26 am PT
PetroVietnam projects falling Q2 oil output as low prices weigh on revenue
Crude oil output from April-June is expected to fall 10 percent from the first quarter.
March 22, 2017 | 11:47 pm PT
Oil breaks $100, havens rally, equities drop as Russia enters Ukraine
Oil prices broke past $100 and safe havens surged while equities tumbled Thursday after Russian President Vladimir Putin announced a "military operation" in Ukraine, accelerating fears of a major war.
February 23, 2022 | 09:14 pm PT
Japan plans $3 bn domestic relief package as oil prices surge
Japan plans to help residents and businesses facing difficulty due to a surge in oil prices fuelled by the Ukraine crisis with $3 billion in relief funds, Prime Minister Fumio Kishida said Thursday.
March 3, 2022 | 04:37 am PT
Vietnam oil industry braces for impact of Russia-Ukraine conflict
Surging crude oil prices may benefit the Vietnamese oil industry, but its exploration and exploitation activities are likely to be hit by the geopolitical situation.
March 12, 2022 | 08:30 pm PT
Oil gains as Russia-Ukraine talks stall
Oil prices extended their gains on Friday after slim progress in peace talks between Russia and Ukraine raised the spectre of tighter sanctions and a prolonged disruption to oil supply.
March 18, 2022 | 01:51 am PT
Oil extends rally on prospect of more Russia sanctions
Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over its attacks on Ukraine, raising concerns over tighter global supply, while Iran's nuclear talks with world powers stalled.
April 5, 2022 | 04:28 am PT
Oil falls as demand concerns weigh against tight supply
Oil prices dipped at the start of Asian trade on Friday as worries about an economic downturn that could dampen demand for crude vied with concerns over new sanctions from the European Union against Russia, including an embargo on crude oil.
May 5, 2022 | 06:40 pm PT
Oil slumps 6 pct to four-week low on recession worries, strong dollar
Oil prices tumbled about 6 percent to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.
June 17, 2022 | 04:46 pm PT
Yellen says US in talks with allies to cap Russian oil price
The United States is in talks with allies to further restrict Russia's oil revenues by capping the price it would get for its crude, US Treasury Secretary Janet Yellen said during a visit to Canada on Monday.
June 20, 2022 | 06:28 pm PT
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