oil price

Retail Asia08/02/2019

Oil price fell about 2 percent on Thursday as the market was weighed down by concerns that global demand growth would lag in the coming year. A rebound from late December lows seemed to stall amid worries that a trade war between the U.S. and China would continue, weighing on demand. The market also contended […]

Retail Asia05/02/2019

Crude oil prices edged lower on Monday after sharp gains during the previous session but were supported by expectations of shrinking supply and signs that China-US trade tensions could ease. International Brent crude oil futures on Monday were down 20 cents, or 0.32% at 0339 GMT to $62.54 a barrel, after closing up 3.14% in […]

Retail Asia31/01/2019

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry outweighed downward pressure from a darkening outlook for the global economy. U.S. West Texas Intermediate (WTI) crude futures were at $53.54 per barrel at 0455 GMT, up 23 cents, or 0.4 percent, above their last settlement. International Brent […]

Retail Asia25/01/2019

Oil prices declined on Thursday amid lingering concerns over slowing global economic growth that may limit fuel demand and after a surprise build in U.S. crude inventories. International Brent crude oil futures were at $60.89 a barrel at 0352 GMT, down 25 cents, or 0.4 percent, from their last settlement, having closed down 0.6 percent […]

Retail Asia26/06/2018

Indonesia’s trade deficit narrowed to $1.52 billion in May, but was worse than expected, due to higher oil prices, the country’s statistics agency said on Monday. That compared to a revised $1.63 billion deficit posted in April, which was the largest in four years. A poll by Reuters was for a deficit of $380 million […]

Retail Asia25/06/2018

PetroVietnam Gas Corporation, Vietnam’s biggest listed energy firm, posted first half net revenues of VND37.5 trillion ($1.65 billion), equal to 66 percent of its annual target. Its pre-tax profit jumped to VND6.6 trillion ($290 million), representing 82 percent of the year’s target. The booming results were driven by higher global oil prices which traded around […]

Tag: oil price

Oil price drops as global economic concerns grip market

Oil prices edge lower, tightening supply outlook supports

Oil rises as traders expect Venezuelan supply disruptions amid U.S. sanctions

Oil prices fall on worries fuel demand to stall amid slowing global growth

Indonesia Posts $1.52b Trade Deficit in May on Higher Oil Prices

Higher oil prices boost profits for Vietnam’s PV Gas