Oil prices surge on fresh talk of OPEC meeting on glut

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Báo Đầu Tư English 3 day(s) ago 1 related news

Oil prices surge on fresh talk of OPEC meeting on glut

Oil prices surged on Wednesday on renewed speculation about a potential cut in global production that overshadowed another rise in US crude inventories.

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Oil prices climb despite jump in US stockpiles

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Báo Đầu Tư English 1 week(s) ago

Oil prices climb despite jump in US stockpiles

Oil prices ended choppy trade higher on Wednesday after US government data showed crude inventories climbed to a record level while crude production inched lower.

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Monster storm hits U.S. East Coast

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Báo Thanh Niên English 2 week(s) ago 4 related news

A major winter storm in the U.S. barrels down on the Middle Atlantic states, threatening to bury some cities like Washington, D.C. in snow and coastal areas in New York and New Jersey in floodwaters.

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Oil dives to fresh 12-year low under US$27

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Báo Đầu Tư English 2 week(s) ago

Oil dives to fresh 12-year low under US$27

Oil plunged to fresh 12-year lows under US$27 on Wednesday, slammed by gloomy economic forecasts, China's slowdown and abundant crude supplies.

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Oil prices rebound from new depths

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Báo Đầu Tư English 2 week(s) ago

Oil prices rebound from new depths

World oil prices rebounded on Monday from new 12-year depths struck after the West lifted sanctions on Iran, paving the way for higher crude exports from the Islamic Republic.

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Oil prices tumble 3 percent to just over $30; traders bet on more falls

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VietnamNet English 3 week(s) ago 1 related news

Oil prices tumble 3 percent to just over $30; traders bet on more falls

Crude oil fell 3 percent on Tuesday, heading toward $30 per barrel and levels not seen in over a decade, with analysts scrambling to cut their price forecasts and traders betting on further declines.

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Indonesian GDP growth misses target in 2015, ministry reports

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Báo Thanh Niên English 1 month(s) ago

Indonesian GDP growth misses target in 2015, ministry reports

Indonesia missed its target for economic growth in 2015 because of a global slowdown, according to the Finance Ministry, which reported initial estimates for a larger-than-expected budget deficit and an undershoot on inflation for the year.

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Oil ends 2015 in downbeat mood; hangover to be long, painful

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Báo Thanh Niên English 1 month(s) ago 1 related news

Oil ends 2015 in downbeat mood; hangover to be long, painful

Oil prices headed for a second year of steep losses in their last trading hours of 2015 as record OPEC supply created an unprecedented global glut that may take another year to clear.

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Oil tumbles 3% after unexpected US rise in stockpiles

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Báo Đầu Tư English 1 month(s) ago

Oil tumbles 3% after unexpected US rise in stockpiles

Oil prices tumbled on Wednesday after an unexpected rise in US commercial crude stockpiles reinforced worries about the prolonged global oversupply.

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Four more years of cheap oil: OPEC

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Báo Đầu Tư English 1 month(s) ago

Four more years of cheap oil: OPEC

The OPEC oil cartel sees only a gradual improvement in the global crude market, with prices recovering to above US$70 per barrel after four years, according to a report released on Wednesday.

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Dung Quat oil refinery not very attractive to investors

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VOV News English 1 month(s) ago

Dung Quat oil refinery not very attractive to investors

The shares of oil and gas companies have seen a price decrease of 49% by November compared with the same period last year, the sharpest so far.

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Dung Quat oil refinery not very attractive to investors

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VietnamNet English 1 month(s) ago 2 related news

Dung Quat oil refinery not very attractive to investors

VietNamNet Bridge - The shares of oil and gas companies have seen a price decrease of 49 percent by November compared with the same period last year, the sharpest so far.

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Experts claim plunging oil prices benefit economy

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Báo Dân Trí English 1 month(s) ago 1 related news

Experts claim plunging oil prices benefit economy

Global oil prices have fallen sharply over the last week to below USD 36 a barrel, while Brent crude in London fell to USD37.93 a barrel, which mean that prices have dropped a third compared with May 2015 and nearly two-thirds compared with their peak in June 2014.

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PetroVietnam celebrates first oil production in Algeria

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VOV News English 2 month(s) ago 1 related news

PetroVietnam celebrates first oil production in Algeria

(VOV) - On December 11, PetroVietnam celebrated a milestone in the company’s history with the first production of oil from its joint venture with Thai and Algerian companies in Bir Seba, Algeria.

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PetroVietnam welcomes first flow of oil in Algeria’s Bir Seba field

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VietnamNet English 2 month(s) ago 1 related news

PetroVietnam welcomes first flow of oil in Algeria’s Bir Seba field

The PetroVietnam Exploration Production Corporation (PVEP) welcomed the first flow of commercial oil from Bir Seba oil field, lot 433A and 416B during a ceremony in Algeria on December 11.

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