11-03-2015 10:35
A stronger dollar pushed oil prices sharply lower on Tuesday (Mar 10), adding to fierce pressure on the market from a global supply glut.
05-03-2015 11:00
US oil giant ExxonMobil said on Wednesday (Mar 4) it would reduce investment spending by nearly 12 per cent this year in response to lower crude-oil prices, but projected higher production.
04-03-2015 15:48
Although Viet Nam saw its consumer price index slip in February due to plunging oil prices, purchasing power surged during the Tet (Lunar New Year) holiday.
04-03-2015 10:51
Oil prices turned higher on Tuesday (Mar 3) on unrest in exporter Libya and as the market expected another rise in US inventories.
27-02-2015 10:56
World oil prices fell sharply on Thursday (Feb 26) as the market appeared to do a double-take on the US oil inventories report showing US crude stockpiles hit a fresh record.
25-02-2015 16:33
Viet Nam's consumer price index (CPI) fell by 0.05 per cent in February compared to January and 0.25 per cent from December 2014, according to the General Statistics Office (GSO).
24-02-2015 15:36
A stable economy is having a positive effect on consumer confidence and this together with lower oil prices and interest rates should cause spending to improve this year, Richard Leech, executive director of CBRE Viet Nam, has forecast.
24-02-2015 12:08
Oil prices fell on Monday (Feb 23), extending last week's slide as US crude supplies linger at historic levels.
13-02-2015 10:59
Many petroleum and gasoline firms had to reduce their Tet bonuses by half due to the decrease in oil prices, according to datviet.vn
11-02-2015 10:07
Viet Nam is likely to see a ‘barbell impact' from falling oil prices, ANZ Bank economists Eugenia Victorino and Glenn Maguire said in a recent report.
09-02-2015 16:36
As Vietnam is both an exporter of crude oil and an importer of refined products, the country should see an overall positive impact from the fall in prices. Eugenia F. Victorino, economist at the ANZ Banking Group in ASEAN and Pacific region, talks with VIR’s Ngoc Linh.
30-01-2015 14:29
US stocks pushed higher on Thursday (Jan 29), rallying after two down days on generally solid corporate earnings and a gain in oil prices.
19-01-2015 08:39
The Vietnam National Oil and Gas Group (PetroVietnam) is considering cutting oil production this year by around 450,000 tonnes in the context of constantly declining global oil prices.
17-01-2015 12:00
Many Vietnamese oil and gas enterprises on Friday bemoaned the challenges facing their business and called for support as oil prices show no sign of recovery.
16-01-2015 11:00
Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro discussed world oil prices at a meeting in Moscow on Thursday (Jan 15), Putin's spokesman said.