Prices of bio-fuel E5RON92, RON95-III, diesel 0.05S, and FO 180CST 3.5S were left unchanged in the latest regular adjustment of prices on July 13.
VOV.VN - The retail price of petrol and oil increased at 3 pm on May 28 following a review of the latest prices by the Ministry of Industry and Trade along with the Ministry of Finance.
The price of petrol is kept unchanged on the latest regular adjustment of petrol and oil prices on August 28.
Real situation and outlook for Venezuela were provided at a forum jointly held by the Vietnam-Venezuela Friendship Association and Venezuelan Embassy in Hanoi on March 21.
Two giant State-owned corporations, Vietnam National Petroleum Group (Petrolimex) and Vietnam Steel Corporation (VNSTEEL), achieved record profits last year, according to a conference held by the Party Organisation of the Central Enterprises Bloc (CEB).
Russia and Vietnam’s oil and gas exploration joint venture Vietsovpetro has exploited five million tonnes of crude oil in 2016.
The Vietnam National Oil and Gas Group (PetroVietnam) has reported its completed production of oil 29 days ahead of schedule, with the 14.02 million tonnes target achieved on December 2.
The National Oil and Gas Group (PetroVietnam) garnered more than US$2.4 billion from selling 8.68 million tonnes of crude oil and condensate in the first half of this year, fulfilling 37.15% of the yearly target.
The consumer price index (CPI) this year would rise more than in 2015 due to a number of factors, statistics official have forecast.
The Ministry of Finance has developed different scenarios that consider future impacts of oil price slumps for a more flexible management of the state budget in 2016, said Minister Dinh Tien Dung on January 14.
The decline of the Chinese economy will have a negative impact on Vietnam, but the impacts will be insignificant in the short term. Vietnam’s import/export activities will suffer the most, according to a Ministry of Planning and Investment’s report.
US oil prices traded below US$40 a barrel for the first time since the 2009 financial crisis, ending 2 percent lower on August 21 on signs of US oversupply and weak Chinese manufacturing and notching the longest weekly losing streak in almost three decades.
The government will implement comprehensive measures to meet next year's annual state budget collection target of VND911.1 trillion (US$42.774 billion), notwithstanding the insignificant effect of the global oil price decline.
Total revenue of the Vietnam Oil and Gas Group (PetroVietnam) in the first seven months of the year is estimated to fall 4 percent year-on-year due to an oil price decrease of around US$8.8 per barrel.
Iran dismissed a new wave of sanctions on November 22, saying the West's attempts to isolate its economy would only serve to unite Iranians behind their government's nuclear program.
Crude oil prices have recovered after commodity market rout on May 5.
The Finance Ministry issued guidance on the implementation of preferential import tariffs for some petroleum products on February 23.
US crude oil futures turned positive to end the month higher on July 30, shrugging off earlier concerns about the pace of economic growth amid mixed data and lifted by a late rally in refined products futures as August contracts expired.
World oil prices have risen after investor confidence returned and hopes for an end to flight disruptions due to Icelandic volcanic ash were boosted.