Wednesday , November 6 2024

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PetroVietnam pumps 1.78 million tonnes of oil in 2 months

  An offshore project of PetroVietnam. —Photo PVN HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam) has reported that its oil output reached 1.78 million tonnes in the first two months of this year, surpassing the set target by 24 per cent. The group’s revenue in January and February …

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Oil falls towards $125 as investors weigh US import ban

Oil falls towards $125 as investors weigh US import ban

Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban of Russian oil imports and Russia announced a new ceasefire in Ukraine on Wednesday to let civilians flee. A view that the U.S. ban of Russian oil imports may not worsen shortages kept …

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