deputy pm asks petrol giant to up efficiency

Deputy PM asks petrol giant to up efficiency

Deputy Prime Minister Trinh Dinh Dung has asked the Viet Nam Oil and Gas Group (PetroVietnam) to tackle loss-making projects to improve operation efficiency, while keeping a close watch on global oil prices in order to develop appropriate solutions to fulfil 2017 targets.
banks energy firms push market up

Banks, energy firms push market up

Shares rose on both local bourses yesterday as bank stocks bounced back on expectations for positive 2016 earnings reports and energy firms recovered on upward moves in oil prices.
non opec supply to rise but end of glut in sight opec

Non-OPEC supply to rise but end of glut in sight: OPEC

PARIS: OPEC said on Wednesday (Dec 14) it expects some non-cartel producers to ramp up production next year, encouraged by oil prices which OPEC has fought to drive higher with a recent output cut deal.
oil prices surge as non opec producers agree on caps

Oil prices surge as non-OPEC producers agree on caps

LONDON: World oil prices jumped on Monday (Dec 12) after non-OPEC producers struck a deal to cut output, while Europe's main stock markets were subdued before a key Fed meeting this week.
opec boosts oil price with output cut

OPEC boosts oil price with output cut

VIENNA: The OPEC oil cartel defied expectations on Wednesday (Nov 30) and nailed down its first joint output cut since 2008 after tough talks in Vienna, sending oil prices soaring.
european stocks hit by tumbling italian banks shares

European stocks hit by tumbling Italian banks' shares

LONDON: Italian banks shares slumped on Monday (Nov 28) as risks linked to a crucial weekend referendum cast a shadow over markets across Europe, while oil prices fluctuated along with the chances for an OPEC deal.
market slide ends on oil recovery

Market slide ends on oil recovery

Shares bounced back on the two local exchanges yesterday from a five-day losing streak, driven by the energy sector following a rebound in oil prices.
oil drags stocks down for fifth consecutive day

Oil drags stocks down for fifth consecutive day

Shares dropped for a fifth day on the two local exchanges yesterday, driven by energy stocks following another drop in oil prices while investors remained cautious after a four-day losing streak.
shares down on lower investor confidence oil prices

Shares down on lower investor confidence, oil prices

Shares declined this morning on low investor confidence as large-cap stocks continued to suffer from profit-taking and a slight decrease in oil prices pulled energy stocks down.
volatile week ahead on earnings

Volatile week ahead on earnings

Stocks are forecast to have another upcoming volatile trading week as listed companies continue to report their earnings and global oil prices affect energy stocks.
shares advance on global oil price rise

Shares advance on global oil price rise

Shares advanced this morning in the two markets, led by energy stocks, which were driven by the rise in global oil prices.
oil prices rise despite doubts over opec output deal

Oil prices rise despite doubts over OPEC output deal

LONDON: Oil prices on Thursday (Sep 29) added to steep gains fuelled by OPEC's deal to cut crude output, but analysts doubted the cartel's ability to seriously tackle a supply glut.
oil helps extend gains on vn index

Oil helps extend gains on VN Index

Vietnamese shares extended gains yesterday, rescued by oil and gas firms during the end of the session after oil prices rebounded strongly on OPEC’s first eight-year output reduction.
global energy investment sank in 2015 iea

Global energy investment sank in 2015: IEA

PARIS: The International Energy Agency said on Wednesday (Sep 14) that global energy investment sank in 2015 on ultra-low oil prices but noted a shift towards spending on cleaner energy.
shares pull back strongly on investors cautiousness

Shares pull back strongly on investors' cautiousness

Vietnamese shares retreated in the early session as investors adopted a cautious stance to new trading regulations, while a slump in oil prices on Friday pulled energy stocks down.