September 05, 2022 | 15:38
Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with some experts even forecasting a cut to support prices.
July 23, 2022 | 16:52
The recent cooling in the prices of some raw materials has alleviated pressure on construction companies.
July 07, 2022 | 12:13
The government is expected to apply a scheme to pare down taxes and fees for fuel products, as well as provide sufficient fuel for the economy, in a bid to offer support and ensure desired growth.
June 27, 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.
June 16, 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.
June 15, 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.
June 01, 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.
April 01, 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.
March 26, 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.
March 24, 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.
March 24, 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.
March 22, 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.
March 12, 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.
March 10, 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.
March 03, 2022 | 22:10
Rising fuel costs have forced companies in Vietnam to reconsider their business and production expenses.