oil prices climb despite jump in us stockpiles

Oil prices climb despite jump in US stockpiles

Oil prices ended choppy trade higher on Wednesday after US government data showed crude inventories climbed to a record level while crude production inched lower.
local stocks retreat following falling oil prices

Local stocks retreat following falling oil prices

Vietnamese shares yesterday pulled back from a four-year jump early this week as a sharp fall in oil prices dragged down investor confidence on global markets.
oil prices rebound from new depths

Oil prices rebound from new depths

World oil prices rebounded on Monday from new 12-year depths struck after the West lifted sanctions on Iran, paving the way for higher crude exports from the Islamic Republic.
petrovietnam companies lower business targets due to falling oil price

PetroVietnam companies lower business targets due to falling oil price

PetroVietnam’s member companies set much lower revenue and profit targets than last year’s actual figures due to the continuous fall in oil prices.
vn shares lower amid oil plunge

VN shares lower amid oil plunge

Vietnamese shares yesterday pulled back sharply from Wednesday gains on both local bourses as energy stocks were hurt by oil prices hitting new 11-year lows.
govt strives for e5 bio fuel roadmap

Gov’t strives for E5 bio-fuel roadmap

Deputy PM Hoang Trung Hai highlighted the determination to realize the E5 bio-fuel roadmap amidst low oil prices and difficult distribution of the bio fuel.
billion dollar victory oil refinery remains uncertain

Billion-dollar Victory oil refinery remains uncertain

The fate of $22 billion Victory Oil Refinery project, invested by Thailand’s PTT Public Company Limited (PTT) and Saudi Arabian Oil Company (Saudi Aramco), remains uncertain in the face of a global slump in oil prices.
oil prices drop despite middle east tensions

Oil prices drop despite Middle East tensions

Oil prices extended losses on Tuesday as the crude supply glut overshadowed a diplomatic row between key producers Saudi Arabia and Iran.
vn shares close mixed while energy stocks rise

VN shares close mixed, while energy stocks rise

Vietnamese shares ended mixed this morning on the two local markets, while energy stocks made gains, riding on higher global oil prices.
oil prices fall on asian data saudi austerity plan

Oil prices fall on Asian data, Saudi austerity plan

Oil prices fell on Monday following downcast economic data from China and Japan and a Saudi budget plan that suggested the petroleum-exporting giant is planning for oil prices to stay low.
vn shares rise as crude rebounds

VN shares rise as crude rebounds

Vietnamese shares yesterday rose slightly on both local markets as energy stocks benefited from higher oil prices.
shares flat amid oil price jump

Shares flat amid oil price jump

Vietnamese shares fell slightly on both local bourses yesterday, led by plastics firms amid fear that their profitability will be hurt from an increase of global oil prices.
oil prices rally ahead of fed decision on rate hike

Oil prices rally ahead of Fed decision on rate hike

Oil prices climbed on Tuesday, extending a rebound from seven-year lows as cautious investors awaited the Federal Reserve decision on interest rates, expected to order the first hike since 2006.
oil prices drop as opec output rises brent below us 40

Oil prices drop as OPEC output rises; Brent below US$40

Oil prices continued to tumble on Thursday as OPEC reported its November output reached a three-and-a-half-year high, with the cartel seeking to drive out of the market higher cost producers.
oil prices end down despite lower us inventories

Oil prices end down despite lower US inventories

Oil prices fell to a fresh-multi year low on Wednesday as worries about a longstanding supply glut offset news of a surprise decline in US petroleum inventories.