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#oil price

Every story tagged #oil price on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

6 stories in this topic

oil drilling
Finance
2 min read

Oil price drops as global economic concerns grip market

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…

crude oil
Living
2 min read

Oil prices edge lower, tightening supply outlook supports

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,…

Indonesia Export
Finance
1 min read

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

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…

P1 cover page
General
1 min read

Higher oil prices boost profits for Vietnam’s PV Gas

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…