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oil
Latest news related to oil.
Ukraine deployed hundreds of UAVs to attack oil networks deep within Russian territory.
Ukraine's large-scale air campaign targeting oil refineries and pumping stations located up to 1,300 km from the border marks a new escalation in the conflict.
Technology
The IEA warns that the oil market will enter "red zone" from July 2026.
The International Energy Agency (IEA) forecasts that the global oil market faces a serious shortage risk in the third quarter of 2026 as strategic reserves gradually run out.
OPEC+ plans to increase production quotas by 188,000 barrels per day in July 2026.
The seven core OPEC+ nations are likely to agree on raising their production targets for the fourth consecutive month, despite supply disruptions in the Gulf region.
OPEC+ plans to increase oil production quotas by 188,000 barrels per day starting in July 2026.
Seven OPEC+ member countries are expected to raise their oil production targets for the fourth consecutive month, despite the risk of supply disruptions in the Middle East and the UAE's departure from the group.
Russia is significantly increasing its energy exports, contributing to a cooling global market in 2026.
Exports of LNG, crude oil, and coal from Russia reached record levels in the first half of 2026, offsetting supply shortages from the Middle East and driving down gas prices in Asia.
The Ministry of Interior has requested that the restructuring of public service units be completed in the third quarter.
The Ministry of Interior has requested that ministries, sectors, and localities complete the restructuring of public non-business units by the third quarter of 2026, ensuring streamlined organizational structures and improved operational efficiency.
The IEA forecasts a global oil market deficit of 1.78 million barrels per day in 2026.
The International Energy Agency (IEA) warns that global oil supplies will face a severe shortage in 2026 due to conflicts in the Middle East disrupting production and transportation...
Preparations are underway to merge 7 irrigation companies in Nghe An into a single entity.
May 13, 2026 17:15
Nghe An province is preparing to merge seven state-owned irrigation enterprises into a single entity, aiming to streamline the organizational structure and improve the efficiency of managing and operating the irrigation system.
Iran's strategy for controlling the Strait of Hormuz and its new geopolitical position.
May 12, 2026 10:32
Tehran asserts that the Strait of Hormuz is a tool of pressure equivalent to nuclear weapons, and proposes a new security mechanism as US influence in the Gulf declines.
President Trump warns that the US-Iran ceasefire is 'on the verge of collapse'.
May 12, 2026 08:40
The ceasefire in the Middle East is in danger of collapsing completely as the US and Iran repeatedly issue tough statements and reject each other's negotiation proposals.
Vietnamese celebrities buy new homes: From Tran Thanh's 60 billion VND apartment to People's Artist Viet Anh's 68th birthday milestone.
May 11, 2026 09:30
The real estate market at the beginning of 2026 witnessed a series of artists such as Tran Thanh, H'Hen Nie, and People's Artist Viet Anh moving to new properties after many years of saving and dedication.
Bloomberg: Global oil reserves are depleting at a record rate.
May 10, 2026 16:12
According to the latest report, global oil reserves are shrinking at a record rate due to ongoing conflicts in the Middle East. This situation not only directly threatens...
Global oil supply is tightening, with inventories projected to fall to a level equivalent to 98 days of consumption.
May 8, 2026 08:00
Goldman Sachs warns that global oil inventories could fall sharply by the end of May 2026, while the Asian region recorded its lowest import levels since 2015.
Opening ceremony for the Sepak Takraw, Archery, and Stick Push competitions within the framework of the 10th Nghe An Provincial Sports Festival 2026.
May 7, 2026 13:26
On the morning of May 7th, the Department of Culture, Sports and Tourism of Nghe An province, in coordination with the People's Committee of Que Phong commune, organized the opening ceremony for the Sepak Takraw, Archery, and Stick Pushing events within the framework of the 10th Nghe An Provincial Sports Festival.
OPEC+ will increase oil production quotas by 188,000 barrels per day in June 2026.
May 4, 2026 12:01
The OPEC+ alliance decided to raise its production target for the third consecutive month to stabilize the market amid oil prices exceeding $125 per barrel and supply disruptions from the Strait of Hormuz...
OPEC+ will increase oil production quotas by 188,000 barrels per day in June 2026.
May 4, 2026 11:30
The seven OPEC+ member countries agreed to raise their oil production targets in June 2026 to maintain market stability after the UAE left the alliance and the conflict with Iran disrupted oil supplies...
Hormuz in the geopolitical chessboard: Who wins – who loses?
April 25, 2026 15:28
At its narrowest point, the Strait of Hormuz is only 33 kilometers wide, but it holds the "heartbeat" of the global economy. In recent days, the world has held its breath, watching every development at this gateway...
Freight charges for Urals crude oil shipments to India have risen to $21 million per trip.
April 24, 2026 13:29
The cost of transporting Russian crude oil has seen a sharp increase as demand recovers, while also being impacted by the caution of international shipowners in the face of new sanctions.
US crude oil inventories rose to 465.7 million barrels, and energy exports reached a record high.
April 23, 2026 10:59
EIA data showed crude oil inventories increased contrary to forecasts, while gasoline reserves fell sharply by 4.6 million barrels. Brent crude oil prices maintained their upward momentum, surpassing the $101 per barrel mark.
US crude oil inventories rose by 1.9 million barrels, and energy exports reached a record high.
April 23, 2026 10:33
The EIA report showed that US crude oil inventories rose by 465.7 million barrels while gasoline reserves fell sharply by 4.6 million barrels. Energy exports reached a record high of 12.88 million barrels per day...
Citi forecasts a 900 million barrel drop in global oil inventories, reaching an eight-year low.
April 21, 2026 15:30
Despite the US-Iran ceasefire agreement, Citi Bank warns that global oil inventories will plummet to their lowest level in nearly a decade by the end of the second quarter of 2026.
Citi forecasts global crude oil inventories to fall by 900 million barrels by the end of June 2026.
April 21, 2026 15:01
Citi Bank warns that global oil inventories will hit an eight-year low due to supply disruptions in the Strait of Hormuz, with Brent crude prices potentially reaching $130 per barrel.
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