Vietnam contemplates crude oil supply sources to cover long-term strategies

Vietnam contemplates crude oil supply sources to cover long-term strategies

Oil producers are actively expanding crude oil supply sources domestically and internationally to support the shrinking supply in Vietnam.
OPEC+ expected to slash oil output

OPEC+ expected to slash oil output

Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut of up to two million barrels per day in a bid to prop up slumping prices.
Oil majors to mull fresh cuts as trade war hits prices

Oil majors to mull fresh cuts as trade war hits prices

Top oil producers will consider fresh output cuts at a meeting this week, but analysts are doubtful they will succeed in bolstering crude prices dented by the US-China trade war.
Oil producers see oversupply, call for new strategies

Oil producers see oversupply, call for new strategies

Khalid al-Falih, Energy Minister of the world's top supplier Saudi Arabia, said the kingdom would cut its production by 500,000 barrels per day.