Crude oil price today: Latest news in oil, energy, gas, petroleum, Analysis and Market
Crude Oil Prices today, oil Charts. Latest News on Oil, Energy and Petroleum Prices. Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy
Oil price fall impact on Vietnam budget revenue is not too great
The plummeting world crude oil prices will not have too great impact on Vietnam’s state budget revenue, said Vo Thanh Hung, head of the State Budget Department under the Ministry of Finance.
Oil price today: Cheaper than bottled water, below zero for first time in history
Oil Price Today, April 21: Stocks are slipping in afternoon trading on Wall Street, as the price of oil cratered to historic lows Monday, cheaper than bottled water. Signaling that there is no place to store all the crude the world is producing but not using.
World oil prices dropped to 15 USD/barrel, a record low in the past 20 years
US crude oil price has dropped to its lowest level in two decades in the first trading session of the week while world oversupply pressure and lack of demand continue to take place.
OPEC secures global oil record cuts in history
OPEC (The Organization of the Petroleum Exporting Countries) and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 million barrels per day, following multiple days of discussions and back-and-forth between the world’s largest energy producers. The cut is the single largest output cut in history.
OPEC and Russia agree on oil production cutting to boost prices
OPEC meeting and oil price: OPEC and Russia reached a tentative agreement Thursday evening for the deepest global cut ever in oil production by 10 million barrels a day - 10 percent from normal production levels - for May and June. Possible further trims could come from a meeting of the Group of 20 nations on Friday.
Oil price dropped to its lowest level since 2002
The oil industry is having a nightmare when oil prices have fallen to the lowest level since 2002.
A recoilless projectile safely removed from Quang Tri's residential area
The Norwegian People's Aid - Project RENEW (NPA-RENEW)’s Explosive Ordnance Disposal (EOD) team on March 19 removed an unexploded 82mm recoilless projectile from a residential area of An Don Ward, Quang Tri Town.
Vietnam’s oil and gas giant projected to loss billions of dollars
Vietnam's national oil and gas group Petrovietnam may incur a loss of up to US$3 billion in revenue if prices of crude oil can not reach a higher level of $30-35 per barrel as in recent days.
Scenarios for low oil prices?
On Wednesday, Việt Nam National Oil and Gas Group (PetroVietnam) issued a directive providing urgent tasks and solutions to cope with the double impacts of the COVID-19 pandemic and the decline in oil prices.
US asks EU to condemn Iran as its tanker shipped oil to Syria
On Wednesday (October 9), the US Secretary of State Mike Pompeo asked EU to condemn and hold Iran accountable as the Iranian oil tanker Adrian Darya 1 had been detected to transferring oil to Syria which broke the EU sanctions and Iran’s commitment with Gibraltar authority before the tanker was released.
Iran’s oil industry warned to be on alert after US threatens over cyber attacks
Iran’s oil minister on Sunday (September 29) warned the oil industry to put on alert to physical and cyber attacks following the threat from the US after the Saudi oil attacks.
E3 supports US to accuse Iran on Saudi Aramco’s oil plants attacks despite calling for nuclear talks
Britain, France and Germany (E3) agreed with the US on condemning Iran’s involvement on Saudi oil field attacks and called Iran for discussing the nuclear program and security issues in the Gulf.
Iran to prepare to set British oil tanker Stena Impero free
Iranian maritime official announced to release the British oil tanker Stena Impero in short time on Sunday (September 22) after over two months seizing in the Strait of Hormuz.
US wants to avoid war with Iran amid two countries’ tension on Saudi oil attacks
The US Secretary of State Mike Pompeo affirmed on Sunday (September 22) that the US wants to avoid war with Iran and its troops sent in the Gulf was for “deterrence and defense”.
Petro Vietnam Chairman Pham Xuan Son: The whole economy was benefiting from declining oil prices
At a meeting on December in Ha Noi, PetroVietnam chairman Pham Xuan Son said the whole economy was benefiting from declining oil prices. While revenue from oil exports could shrink, profits would increase in other sectors.
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