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Search Results: 648 results for keyword "oil price".
Additional oil spike impacts cannot be ruled out
27-06-2022 19:30
The Russia-Ukraine conflict has increased global oil market volatility. The economic impact of another oil price shock, should it materialise, would be significant.
Uncertainty lingers on with global oil and gas investment
16-06-2022 11:42
With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.
Increasing oil prices setting back gas-related ventures
16-06-2022 11:09
Continuing global conflicts and price rises of various commodities are undermining the development and exploitation of oil and gas fields in Vietnam, and collaborations may continue to struggle if inflation pressures persist.
Reform needed to support oil and gas industry: experts
15-06-2022 13:51
Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.
Fuel price hike continues to worry leaders
01-06-2022 09:00
The government has been asked to control the continued rise in fuel prices, which is denting pockets and putting at risk the government’s efforts to curb inflation.
Soaring petrol price impacting multitude of industries
20-05-2022 10:00
A surge in the world’s oil price, which has resulted in another escalation in fuel price in the domestic market, is benefiting oil and gas businesses, but causing difficulties for other producers and pressurising the government’s efforts to rein in inflation.
Hints of mindset change in e-vehicles
01-04-2022 10:14
Rising oil prices could help speed climate action by accelerating the shift to electric vehicles, but in Vietnam that would depend much on the infrastructure.
Policies reinforced to ease inflation pressure
29-03-2022 14:17
With global oil price hikes staying at a very high level and domestic consumption gradually recovering, Vietnam’s inflation is expected not exceed the 4 per cent target by dint of tightened monetary policy and negative impacts from the health crisis on prospects.
Oil prices, stocks higher after EU snubs Russia ban
26-03-2022 18:13
Crude prices were higher Friday and stock markets made decent gains after European countries decided against a ban on Russian oil imports over its invasion of Ukraine -- but Germany said it would slash its energy purchases from Moscow.
High prices call for green transition acceleration
24-03-2022 15:52
With the military conflict in Ukraine, energy prices have surged to their highest levels in recent times. Brent oil prices surged to $120 per barrel in early March, sharply higher than one year earlier. Natural gas prices on spot markets spiked in tandem and reached a record level of $6 per MMBtu. Global prices of coal and wheat have also sharply increased. Although spot markets tend to overreact and energy prices have partially retreated, they have not returned to previous levels.
Workers scramble to evade fuel hike
24-03-2022 09:52
High fuel prices, coupled with a lack of monthly income increases, have pushed the lives of millions of workers into difficulty, with many forced to change their consumption habits, cut living costs, or switch to other jobs.
Oil prices soar on Saudi, Russian supply fears
22-03-2022 11:03
Oil prices soared Monday as a weekend attack on Saudi facilities and discussions among European Union members over banning Russian crude raised concerns about global supplies.
Higher oil prices temporarily supports Malaysia's economy: economist
12-03-2022 12:24
The Russia-Ukraine tension appears to benefit Malaysia's position as a net oil exporter and the sharp rise in oil prices will provide temporary support for the country's fiscal position, according to World Bank senior country economist Shakira Teh Sharifuddin.
Nation braces for global shifts in recovery journey
10-03-2022 18:30
A big rise in crude oil coupled with slow-paced manufacturing recovery is expected to dent economic growth at least for the next couple of months.
Provinces urged to diversify markets for tourism revival
07-03-2022 11:32
Events in Ukraine could have a knock-on effect on Vietnam’s tourism market, with the sharp increase in oil prices set to negatively affect the profit margin of airlines. The impacts are believed to be short-lived, however, as airlines are finding alternative options to avoid conflict areas and diversify offerings
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