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Search Results: 648 results for keyword "oil price".
Enterprises on edge with oil price hikes
03-03-2022 22:10
Rising fuel costs have forced companies in Vietnam to reconsider their business and production expenses.
Gas and oil hikes put strain on businesses
03-11-2021 14:00
The escalating petroleum and oil prices are exacerbating pressure on the consumer price index and economic growth, leaving many households and business with an unbearable burden on their balance sheets.
Vietnam's oil and gas laws in urgent need of readjustment to current-day realities
07-10-2021 14:11
The energy transition trend, volatile oil prices, and limited resources are forcing countries around the world and Vietnam to make oil and gas development more flexible and increase investment incentives in this field.
Rising trends likely to persist for 2021 consumer price data
02-07-2021 11:16
On the back of reopening global economies and a rising crude oil price, Vietnam’s inflation target for 2021 may be harder to achieve, with regulating government bodies attempting to manoeuvre through the year while keeping inflation pressure at bay.
PetroVietnam books robust growth for four-month period
12-05-2021 11:20
State-owned oil and gas giant PetroVietnam has outperformed most business targets in the year to date, leveraging drastic measures to boost production and management efficiency, backed by rising oil prices in the global market.
Asian stocks mixed after US jobs miss, oil up after cyber attack
10-05-2021 16:04
Markets were mixed in Asia on Monday following a record close on Wall Street as a well-below-forecast US jobs report eased inflation concerns, while oil prices rose after a crucial US pipeline was put out of action by a cyber attack.
Asian markets mixed as rally fizzles, oil hit by Suez ship news
29-03-2021 15:31
Asian markets were mixed Monday as traders struggled to maintain a morning rally following a record-breaking lead from Wall Street, while oil prices dropped on news of progress in shifting a cargo ship blocking the Suez Canal.
Curbed inflation eases concerns
12-11-2020 08:00
The big rise in public investment disbursement will not cause high inflation this year due to a decline in public and business demand and oil price, as well as government efforts to stabilise prices.
PetroVietnam strives to overcome difficulties and maintain stable business activities
09-11-2020 12:12
Despite a rocky first 10 months to the year, PetroVietnam was one of the few petroleum firms that managed to maintain stable business amid COVID-19 and the sharp decrease in oil prices.
Exxon Mobil to cut 1,900 US jobs as Covid-19 hits oil prices
02-11-2020 10:23
Exxon Mobil said Thursday it will eliminate 1,900 US jobs as part of a global cost-cutting drive that will shrink its global workforce by about 15 percent over the next two years.
Exxon Mobil, Chevron again report losses on low oil prices
01-11-2020 11:22
US oil giants ExxonMobil and Chevron reported another quarter of red ink Friday as uncertainty over oil demand dented by the coronavirus forced the petroleum sector to rein in spending.
Oil prices slide on demand worries as US stocks rebound from rout
30-10-2020 11:27
Oil prices dropped Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while global stocks mostly rose after the prior session's routs.
Virus-hit Shell says cutting up to 9,000 jobs by 2022
01-10-2020 16:00
Energy major Shell unleashed Wednesday a major restructuring to combat plunging oil prices driven by the coronavirus pandemic, warning it will also spark more asset writedowns in the third quarter.
PetroVietnam tireless amid adversity
21-09-2020 19:17
Consistent with a solution package for overcoming the double crisis of decreasing demand and falling oil prices, Vietnam Oil and Gas Group achieved 7.76 million tonnes of oil and gas in the first eight months of this year, exceeding its plan by 8.2 per cent.
IMF staff reaches agreement with Ecuador on $6.5 bn loan
29-08-2020 09:33
IMF staff reached an agreement with Ecuador on Friday on a $6.5 billion, 27-month loan program to help the country deal with the dual shock of Covid-19 and the plunge in oil prices.
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