European stocks tread water before Fed minutes

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Báo Đầu Tư English 8 hour(s) ago

LONDON: European equities traded broadly flat on Wednesday (May 24), despite gains across most of Asia, as dealers waited on news from the Federal Reserve's most recent policy meeting.

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Trump's budget proposes deep cut to US oil stockpile

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Báo Đầu Tư English 1 day(s) ago

NEW YORK: President Donald Trump's budget released on Tuesday (May 23) proposed radically downsizing the US Strategic Petroleum Reserve, arguing that America's shale boom has lessened the need for an emergency stockpile.

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Iraq agrees to nine-month extension of OPEC production cut

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Báo Đầu Tư English 2 day(s) ago

BAGHDAD: Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude prices, the country's oil minister said on Monday (May 22).

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Start-up of Vietnam's Nghi Son oil refinery delayed to 2018

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Báo Tuổi Trẻ English 1 week(s) ago

SINGAPORE/HANOI, May 15 -- The commercial start-up of Vietnam's new $7.5 billion Nghi Son oil refinery will be delayed to 2018, from an initial expected start-up in the third quarter of this year, according to a notice on a government website.

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New virtual 'bilur' currency, tied to oil, takes aim at bitcoin

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Báo Đầu Tư English 3 week(s) ago

GENEVA: A new virtual currency launched on Tuesday (May 2) aims to rival industry leader bitcoin by pegging its value to hard oil assets, a first in the rapidly growing digital money sector.

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Asia Distillates-Vietnam spot demand to boost gasoil prices

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Spot demand from Vietnam amid tighter availability of gasoil is expected to boost prices and margins for the fuel, traders said on Monday.

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China imports half of Vietnam’s crude oil in first quarter

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

China imported up to half of Vietnam’s exported crude oil in the first quarter of this year, according to the Vietnam General Customs Department.

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World oil market 'close to balance' despite OPEC cuts: IEA

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Báo Đầu Tư English 1 month(s) ago

PARIS: Supply and demand in the oil market are close to matching up, the IEA said on Thursday (Apr 13), as landmark OPEC-led production cuts are mitigated by rising US supply and slipping worldwide demand growth.

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Impact of OPEC oil cuts will take time to be felt: IEA

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Báo Đầu Tư English 2 month(s) ago

PARIS: OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but it will take some time yet before the oil market feels the full impact of the reduction in output and prices stabilise, the International Energy Agency said on Wednesday (Mar 15).

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OPEC detects 'high compliance' with oil cut deal

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Báo Đầu Tư English 2 month(s) ago

PARIS: OPEC said on Tuesday (Mar 14) oil producers have kept their promise to cut output in accordance with a landmark deal designed to lift petroleum prices.

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Trump barrels ahead with plan to gut 'Obamacare'

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Báo Đầu Tư English 2 month(s) ago

WASHINGTON: President Donald Trump vowed on Saturday (Mar 11) to press ahead with a controversial plan, slowed by bickering within his Republican party, to repeal Barack Obama's signature healthcare law.

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Oman expects further non-OPEC output cuts

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Báo Đầu Tư English 3 month(s) ago

KUWAIT CITY: Non-OPEC oil producers are expected to cut output further this month under a landmark deal with the cartel aimed at curbing a global supply glut, Oman's oil minister said on Wednesday (Feb 15).

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Vietnam demand supports gasoil differentials

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Báo Tuổi Trẻ English 3 month(s) ago

SINGAPORE - Spot demand from Vietnam lent support to gasoil differentials despite ample supply of the fuel, trade sources said.

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Oil rebound pulls equities in its wake

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Báo Đầu Tư English 3 month(s) ago

LONDON: Oil prices held equity markets in their sway on Wednesday (Feb 8), with stocks perking up as prices for crude rebounded despite data showing abundant US production.

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Lunar New Year celebrations abroad

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Báo Đầu Tư English 4 month(s) ago

Overseas Vietnamese across the globe have hosted a wide range of activities to celebrate the traditional Lunar New Year (Tet) festival.

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