Oil price

Poland accuses Norway of "unfairly" making profits from oil and gas, demanding to share profits

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Polish Prime Minister Mateusz morawiecki accused Norway of making unfair profits from oil and gas thanks to the Ukrainian conflict.

World oil prices increase, can finished gasoline prices increase by 700 VND/liter?

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Over the past week, many signals that oil demand has begun to return have pushed the US WTI oil contract to record the fourth consecutive increase, Brent oil also increased by 1%.

World oil prices increase slightly

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In the trading session on May 21 (Vietnam time), Brent oil price climbed to 112.5 USD/barrel. Meanwhile, US WTI is trading at 110.5 USD/barrel.

China bottoms Russian oil prices to supplement strategic oil reserves

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China is seeking to capitalise on Russia's lowest oil prices to supplement its national strategic oil reserves.

Inflation is too hot, US stocks break out and fail, gold prices increase slightly

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Newly released data showed that the US CPI in April skyrocketed by 8.3%, higher than expected. The heating up inflation has caused US stocks to sink below the reference, gold prices and USD prices are trading at a fluctuating level.

World oil prices "plummet" due to tight supply

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Concerns about a shortage of supply have pushed Brent oil prices up nearly 4%, while WTI oil prices have increased by about 5% this week.

Will the Chinese oil and gas giant withdraw from the US, UK and Canada?

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The Chinese oil and gas giant may stop operating in the US, UK and Canada.

US increases imports of "banned" Russian oil

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US oil purchases from Russia increased by 43% despite President Biden's signing of a ban on Russian oil imports.

Gasoline prices plummet as Shanghai freezes

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Gasoline prices fell nearly 4% early in the trading session on March 28 after China's Shanghai City reported a partial lockdown to prevent COVID-19.

More damage to Russian oil and gas, oil prices are at risk of increasing sharply

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Experts warn of the risk of a sharp increase in oil prices after one of Russia's key oil pipelines broke down.

World's No. 1 oil seller says it is not responsible for high oil prices

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Saudi Arabia has said high oil prices and low supply are not its fault, following a series of attacks on Riyadh's oil facilities.

The world's third largest oil consumer increases its purchases of Russian oil

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India, the world's third-largest oil consumer, has increased its purchases of Russian oil, applying a " little-known- method" to ensure energy security.

Oil prices soar again due to Russia-Ukraine deadlock

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Oil prices surged back above $100 as concerns increased about the Russia-Ukraine war that could affect energy supplies.

Saudi Arabia considers selling oil to China in yuan

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Saudi Arabia is considering selling oil to China in yuan after positive negotiations between the two sides.

Why is gasoline prices soaring in the US despite almost no use of Russian oil?

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American drivers have a headache as gasoline prices in the country have increased to a record high.