oil price drop

News update related to falling oil prices

President Trump will ask OPEC to lower oil prices for peace in Ukraine

US President Donald Trump will ask OPEC to lower oil prices to end the conflict in Ukraine.

International

Gasoline price today September 30, 2024: Oil price drops sharply at the beginning of the week

Oil prices today September 30, 2024: World oil prices fell sharply at the beginning of the week, with WTI oil down 0.01% and Brent oil down 0.17%.
Gasoline price today 9/8/2024: Oil price drops 20% in 12 months

Oil prices today September 8, 2024: World oil prices fell 20% in 12 months. During the week, Brent fell 10%, while WTI fell about 8%.

Gasoline price today August 29, 2024: Oil price decreased about 1%

Gasoline prices today August 29, 2024: Oil prices decreased by about 1%, Brent oil decreased by 90 cents, WTI oil decreased by 1.01 USD
Nghe An seafood output increases rapidly as oil prices drop sharply

(Baonghean.vn) - The sharp drop in oil prices over the past month has motivated Nghe An fishermen to stay at sea regularly, so seafood output has increased compared to previous months.
Nghe An fishermen rush to sea as oil prices drop

(Baonghean.vn) - Fishing ports in Nghe An are always bustling with fishing boats coming and going these days. According to fishermen, the fishing grounds are favorable at this time, so they should take advantage of going out to sea, especially when oil prices have cooled down.
Oil prices drop, Nghe An fishermen prepare to go back to sea

(Baonghean.vn) - After 7 consecutive price increases, oil prices have decreased from 560 - 1,670 VND/liter since March 21. Although the decrease is not significant, it is still a good sign for people living in coastal areas. Some fishermen have restarted their boats, refueled and returned to sea.

Oil prices down, Nghe An fishermen confident to go offshore, stick to the sea
DNUM_CGZAEZCACA 17:09

(Baonghean.vn)- Fuel prices have dropped sharply, so even though fish prices have dropped, fishermen are still actively going out to sea because the cost of each trip has decreased a lot, making fishermen profitable.
Oil price drops by one USD, Petro Vietnam loses 5,400 billion VND
DNUM_ADZABZCABG 22:32

Not only is there a loss in revenue, with every dollar decrease in oil prices, Petro Vietnam's state budget payment also decreases by 1,500 billion due to a decrease in consolidated profit after tax of 560 billion VND.
Oil prices drop sharply, Ministry of Finance proposes to "tighten" transportation fares
DNUM_CCZBCZCABF 11:05

The Ministry of Finance has sent an official dispatch to the Ministry of Transport on continuing to strengthen the management of transportation fares in the area. According to the Ministry of Finance, the sharp decline in gasoline prices is the main reason for implementing transportation fare management, contributing to stabilizing the general market price and harmonizing the interests of businesses and consumers.
Ministry of Finance: 'Importing gasoline and oil profits more than 2 billion USD thanks to price reduction'
DNUM_BEZBCZCABF 10:02

The leader of the Ministry of Finance affirmed that there is a scenario in case crude oil prices drop to 30 USD per barrel, while the budget revenue is now much less dependent on this source than 5-10 years ago.
Oil prices fall the most in 3 weeks after Fed decision
DNUM_BJZAJZCABF 19:19

Crude oil prices on the world market fell sharply, hitting a three-week low after the US Federal Reserve (FED) decided to keep interest rates unchanged.
Prime Minister Nguyen Tan Dung: Falling oil prices bring more benefits than harm
DNUM_DAZABZCABF 19:22

On January 30, at the Government Headquarters, under the chairmanship of Prime Minister Nguyen Tan Dung, the Government held its regular meeting for January 2015, listening to and discussing the Report on the socio-economic situation in January 2015 and the implementation of Resolution No. 01/NQ-CP of the Government.
Oil prices drop, budget deficit of 20,000 billion
DNUM_ACZBCZCABE 15:35

If oil prices fall by 1 USD, the budget will lose 1,000 billion and in 2015, if oil prices are at 80 USD/barrel, the budget will lose 20,000 billion.
Oil prices drop from 3pm on April 11, gasoline prices remain unchanged
DNUM_BBZAEZCABE 17:26

Vietnam National Petroleum Group (Petrolimex) and Vietnam Oil Corporation (PV Oil) said that starting from 3:00 p.m. on April 11, Petrolimex and PV Oil will adjust the price of diesel, fuel oil and kerosene down by 90-130 VND/liter while keeping gasoline prices unchanged according to the direction of the Ministry of Finance.

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