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oil export
Oil Export Updates
Russia cuts oil exports: Could world oil prices rise?
A plan to cut crude oil exports from Russia's western ports by 6% in September risks tightening supplies, pushing up world oil prices.
Market
Europe's blocking of Russian oil exports would create a 'double shock'
If the EU and the US go one step further and block oil routes through the Baltic Sea, Russia will face a serious physical blow to its export capacity. But the world will also be hit by a “double shock”: both Hormuz and the Baltic – the two most important energy gateways – risk being blocked at the same time.
US 'strike' on the 'backbone' of Russia's economy
On January 10, the US announced the most comprehensive and powerful package of sanctions ever aimed at Russia's oil trade. This move is assessed to be more likely to disrupt Russia's oil exports than any measure previously applied by the West. What is the purpose of President Joe Biden's administration "striking" the "backbone" of the Russian economy at this time and how much damage will it cause?
Why is the US protecting Russian oil refineries from Ukrainian attacks?
(Baonghean.vn) - The US is standing by Russia and calling on Ukraine to stop attacks on Russia's energy infrastructure. However, Kiev has not responded to that call, making the White House increasingly frustrated.
The West Realizes Why It Can't Defeat President Putin
(Baonghean.vn) - UnHerd newspaper said that focusing on green energy has prevented the West from defeating Russia in the energy war. Meanwhile, President Vladimir Putin clearly understands the value of energy in geopolitics. Therefore, the West cannot defeat the Russian leader.
Historic OPEC+ deal: 'Painkiller' for oil market?
(Baonghean) - The decision of the OPEC+ group (inside and outside the Organization of the Petroleum Exporting Countries) to cut nearly 10 million barrels of oil per day in a step-by-step manner, starting from May 2020, is considered a historic step, saving the free-falling oil price, and at the same time helping to "reset" the OPEC+ alliance. However, this is probably just a "pain reliever" for the oil market because in the long run, to balance supply and demand, more efforts are needed.
Russia imposes oil export ban to Ukraine
Russian Prime Minister Dmitry Medvedev said that Russia imposed a ban on oil exports to Ukraine.
Russia Will Retaliate If US Withdraws From INF Treaty; France Considers Restoring “Rich People’s Tax”
December 6, 2018 06:05
(Baonghean.vn) - In the past 24 hours, there have been many outstanding news in the world such as: Russian President warns that he will be forced to retaliate if the US withdraws from the INF; French Government considers restoring the "Rich Tax"; Cuba provides 3G Internet for mobile phones for the first time; Türkiye proposes to arrest top Saudi Arabian official...
Ukrainian soldiers accused of violating Russian border; Protests in France become complicated
December 4, 2018 06:51
(Baonghean.vn) - In the past 24 hours, many events have taken place in the world such as: Ukrainian soldiers were accused of violating the Russian border; The wave of protests in France continues to develop complicatedly; US President Trump will lead trade negotiations with China; Qatar announced it will withdraw from OPEC next month...
Iran breaks US sanctions as it continues exporting oil
November 19, 2018 19:54
Iranian President Hassan Rouhani has affirmed that the country will continue to boost crude oil exports despite US sanctions.
Syria begins airstrikes on Idlib; France readies for 'scallop war' with UK
September 5, 2018 06:13
(Baonghean.vn) - The world in the past 24 hours has seen many events such as: The Syrian Air Force began airstrikes on the rebel stronghold of Idlib; The French Navy warned that it was ready for a 'Scalp War' with the UK; The South Korean special envoy will discuss denuclearization with North Korea; The US bought modern radar from Ukraine...
Trump asks NATO to increase military budget; Australia adds new Security Law
July 2, 2018 06:02
(Baonghean.vn) - The world in the past 24 hours has had many outstanding news such as: Finnish media announced the location where the Trump-Putin summit could be held; A large explosion in eastern Afghanistan caused many casualties; Australia's new Security Law added 38 new crimes; South Korea began applying a policy of working a maximum of 52 hours per week...
Imported gasoline down more than 30%, retail price cut in half
April 20, 2016 22:02
According to the General Department of Customs, the unit price of imported gasoline in the first quarter of 2016 decreased by about 31% compared to the same period, while domestic retail sales only decreased by 16.5%.
Bustling export at the beginning of the year
March 4, 2014 11:03
(Baonghean) - Exports are still a bright spot in the province's economy with an estimated turnover of 89.29 million USD in the first two months of the year, up 8.94% over the same period. Key products such as wood chips, garments, and seafood are continuing to make breakthroughs as businesses continuously receive many new orders...
Vietnam exports cooking oil to international market for the first time
August 9, 2012 17:47
For the first time in Vietnam, a type of cooking oil is exported to the international market. Initially, Vietnam will exclusively export this type of cooking oil to 6 countries: China, Korea, Myanmar, Laos, Bangladesh and Ghana.
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