28-03-2016 17:13
The nation's stock markets may decline this week as investor confidence remains low due to a possible rate hike by the US central bank and volatile oil prices, securities companies warned.
28-03-2016 09:45
After plunging to under $30 per barrel earlier this year, oil prices have since staged a smart recovery to hit $40 per barrel, which is seen as a psychological barrier of sorts. Some industry experts extrapolated this trend to suggest that oil prices would hit $50 per barrel halfway into 2016. Such predictions of a quick recovery and a return to oil’s heyday are now starting to sound increasingly hollow.
25-03-2016 16:51
Vietnamese shares declined on both local markets as energy stocks fell on lower oil prices.
25-03-2016 10:56
World oil prices finished modestly lower on Thursday as concerns about oversupply offset news of drop in the US rig count.
24-03-2016 16:24
Chinese oil giant PetroChina has posted its lowest profit since 1999 with the company citing a struggling global economy and slump in international oil prices last year.
24-03-2016 10:47
World oil prices tumbled on Wednesday on news that US crude inventories ballooned last week, worsening the stubborn global glut.
23-03-2016 17:05
Oil prices were barely changed on Tuesday with markets showing little impact from the bombing attacks in Brussels that killed around 35 people.
18-03-2016 10:20
Vietnamese shares extended gains for a second day on both local markets yesterday on improved investor confidence and higher oil prices.
17-03-2016 14:20
British finance minister George Osborne on Wednesday announced fresh tax cuts to support the North Sea oil and gas industry, which has been reeling from the plunge in oil prices since mid-2014.
17-03-2016 10:23
Oil prices rebounded on Wednesday as news of an April meeting of producers to limit petroleum output overshadowed a build in US oil inventories.
16-03-2016 09:56
Vietnamese shares fell on both local exchanges yesterday as energy stocks weighed on the markets and as oil prices continued to fall.
12-03-2016 12:00
US benchmark West Texas Intermediate (WTI) for delivery in April rose 66 cents to US$38.50 a barrel on the New York Mercantile Exchange. Brent North Sea crude for May delivery, the European benchmark, rose to US$40.39 a barrel, up 34 cents from Thursday's settlement.
11-03-2016 16:30
At the close in New York, West Texas Intermediate crude for delivery in April was down 45 cents from Wednesday at US$37.84 a barrel. Brent North Sea crude for May delivery lost US$1.02 at US$40.05 a barrel in London.
03-03-2016 14:08
Vietnamese shares rose slightly this morning to extend their rally, as higher crude prices on Wednesday boosted energy stocks.
02-03-2016 11:00
Oil prices rose on Tuesday on increasing optimism over a output freeze to shore up the market as Russia said domestic oil groups supported the proposal.