Tags

oil price

Petrol and oil price stabilisation fund requires thorough appraisal

Petrol and oil price stabilisation fund requires thorough appraisal

Viet Nam is considering amending the Law on Price, which mentions several commodities under the Government’s price stabilisation scheme including petrol and oil.
Oil price fluctuation and measures to maintain stable growth discussed

Oil price fluctuation and measures to maintain stable growth discussed

Local and foreign experts attended a roundtable yesterday hosted by the Vietnam Investment Review (VIR) to discuss the impact of oil price fluctuations on Viet Nam''s economy and the various measures to maintain stable and sustainable growth.
Petrolimexs profit falls 40% despite soaring oil prices in Q1

Petrolimex's profit falls 40% despite soaring oil prices in Q1

Soaring crude oil prices could not help Petrolimex profit in the first quarter of 2022.
Rising oil prices make fishing trips unaffordable for boat owners

Rising oil prices make fishing trips unaffordable for boat owners

The rise in fuel prices to all-time highs has caused many fishing boats in the provinces of Binh Thuan and Quang Ngai and in the Mekong Delta to stop going out to sea since the longer they sail the more...
Oil price hike and the way it is managed concerning people

Oil price hike and the way it is managed concerning people

To stabilise the oil and gas prices and reduce the burden of rising input costs for enterprises, the Government should take into account the reduction of some kinds of taxes and fees imposed on the products.
Oil and gas companies recover strongly from last years losses in Q1

Oil and gas companies recover strongly from last year's losses in Q1

Surging international crude price on improving demand has helped many oil and gas companies record big profits in the first quarter of this year, after losing in 2020.
Historic low oil prices hardly impact Viet Nams economy at this time

Historic low oil prices hardly impact Viet Nam's economy at this time

According to forecasts by global firms and US analysts, crude oil prices would likely increase in June or July 2020.
VN stocks post biggest loss in three weeks as US crude plunges

VN stocks post biggest loss in three weeks as US crude plunges

Vietnamese shares posted the biggest daily loss in three weeks after US crude ped to near US$0 a barrel.
Dwindling oil prices a double-edged sword for Viet Nams economy

Dwindling oil prices a double-edged sword for Viet Nam's economy

Oil logged its worst week since 2008 after the oil price war, initiated by Saudi Arabia early last week, delivered a double blow to nervous investors already rattled by declines in world stocks due to the spread of the novel...
Gold prices climb in the market

Gold prices climb in the market

Global gold prices pushed above the US$1,700 per ounce level for the first time since late 2012 on Monday, when local gold prices also soared.
Viet Nam spent 3.6 million on petrol imports

Viet Nam spent $3.6 million on petrol imports

Viet Nam imported more than 5.56 million tonnes of oil and petroleum products worth nearly US$3.6 billion in the first five months of the year.
Petrol prices surge

Petrol prices surge

The retail price of biofuel E5 RON 92 rose VND500 to VND19,940 (US$0.87) per litre at 3 p.m. Wednesday, the Ministries of Industry and Trade and Finance announced.
Oil firms pile up losses, shares take beating

Oil firms pile up losses, shares take beating

The first quarter of this year saw the Petroleum Equipment Assembly & Metal Structure Joint Stock Company (PXS)’s revenues plummet to a mere VND18.5 billion (US$815,000), 94.4 per cent down year-on-year.
Oil drags markets for second day

Oil drags markets for second day

Vietnamese shares fell for a second day as energy firms suffered from lower oil prices and investors continued to seek profits in large-cap stocks.
Energy stocks lead VN markets up

Energy stocks lead VN markets up

Energy stocks led local markets up despite oil prices falling for a fourth trading day.