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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.

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. 

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 | 05:02 pm GMT+7

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 | 03:04 pm GMT+7

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 | 06:42 pm GMT+7

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.
March 26, 2016 | 10:15 am GMT+7

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.
March 10, 2016 | 06:16 pm GMT+7
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