Oil slumps as Iran talks deadline looms

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Báo Đầu Tư English 6 hour(s) ago

Oil slumps as Iran talks deadline looms

Oil prices fell on Tuesday as global powers and Iran raced to reach a deal on Tehran's nuclear program that could ease sanctions on the crude producer, adding to the global oversupply.

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Weaker dollar lifts oil prices

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Báo Đầu Tư English 1 week(s) ago

Weaker dollar lifts oil prices

Oil prices rose on Monday as the attractiveness of a weaker dollar offset news of higher crude production by Saudi Arabia.

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Oil prices give back Fed rally

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Báo Đầu Tư English 1 week(s) ago

Oil prices give back Fed rally

The crude oil market gave back much of its Federal Reserve-sparked rally on Thursday, with prices sinking back on the reality of continued high supplies and a strong dollar.

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Oil prices surge as Fed stays cautious on rates

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Báo Đầu Tư English 1 week(s) ago

Oil prices surge as Fed stays cautious on rates

World oil prices jumped on Wednesday as a cautious Federal Reserve statement offset data showing a big increase in US crude inventories.

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Oil mixed as US inventories hit fresh record high

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Báo Đầu Tư English 2 week(s) ago

Oil mixed as US inventories hit fresh record high

Oil prices finished mixed on Wednesday (Mar 11) after a key report showed US crude stockpiles had swollen to another record high, adding to an oversupplied global market.

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ExxonMobil cuts spending but predicts higher output

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Báo Đầu Tư English 3 week(s) ago

ExxonMobil cuts spending but predicts higher output

US oil giant ExxonMobil said on Wednesday (Mar 4) it would reduce investment spending by nearly 12 per cent this year in response to lower crude-oil prices, but projected higher production.

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Oil prices rise on Libya unrest

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Báo Đầu Tư English 1 month(s) ago

Oil prices rise on Libya unrest

Oil prices turned higher on Tuesday (Mar 3) on unrest in exporter Libya and as the market expected another rise in US inventories.

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Oil firm BSR sets 6.8m-tonne production goal

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VietNam News English 1 month(s) ago

The Binh Son Refining and Petrochemical Company (BSR) is targeting the production of 6.8 million tonnes of products this year, the deputy general director of the company, Nguyen Van Hoi, said.

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Oil prices tumble on revived oversupply worries

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Báo Đầu Tư English 1 month(s) ago

Oil prices tumble on revived oversupply worries

World oil prices fell sharply on Thursday (Feb 26) as the market appeared to do a double-take on the US oil inventories report showing US crude stockpiles hit a fresh record.

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Sliding oil prices to have ‘barbell impact': ANZ

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Báo Đầu Tư English 1 month(s) ago

Sliding oil prices to have ‘barbell impact': ANZ

Viet Nam is likely to see a ‘barbell impact' from falling oil prices, ANZ Bank economists Eugenia Victorino and Glenn Maguire said in a recent report.

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OPEC sees U.S. cuts in lower oil-supply forecast

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Báo Thanh Niên English 1 month(s) ago

David Woo of Bank of America Merrill Lynch discusses OPEC cutting its forecast for global oil-supply growth as it sees U.S. producers trimming output by 130,000 barrels per day. He speaks on "Bloomberg Surveillance."

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New refinery included in oil sector's plans

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VietnamPlus English 2 month(s) ago

Prime Minister Nguyen Tan Dung has decided to include the Victory-Nhon Hoi petrochemical and oil refinery project in the petrol sector’s plan.

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Hanoi painter grows vegetables with recycled products

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VietnamNet English 2 month(s) ago

Hanoi painter grows vegetables with recycled products

VietNamNet Bridge – Pham Trung Tuan, a freelance painter, has developed his vegetable garden at his home in a small alley of Cau Giay street in Hanoi. All the vegetables are grown with recycled waste products.

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Why OPEC is talking oil down, not up, after 48% selloff

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Báo Thanh Niên English 2 month(s) ago

Why OPEC is talking oil down, not up, after 48% selloff

If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest.

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Viet Nam, Algeria set $470m trade target for 2015

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VietNam News English 3 month(s) ago

Viet Nam and Algeria were aiming to reach US$470 million in two-way trade in 2015, up 20 per cent against last year, Commercial Counsellor Nguyen Van Mui said.

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