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Oil down 5% as rising OPEC+, Iranian output weighs

Oil down 5% as rising OPEC+, Iranian output weighs
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Vietnam oil, gas firms expect good Q1 results on higher crude prices

| Publication date 06 April 2021 | 21:56 ICT Share Vietnam oil, gas firms expect good Q1 results on higher crude prices Tue, 6 April 2021 Many Vietnamese companies in the oil and gas field might post positive results in the first quarter of 2021 thanks to the strong rally of crude oil in the international market. As of March 31, crude prices rose more than 23.6 per cent. It even broke over $70 a barrel last month. The gain received support from lower global oil stocks. The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed to extend production curbs, and supply from the US was estimated to fall four million barrels a day.

VIETNAM BUSINESS NEWS APRIL 6

VIETNAM BUSINESS NEWS APRIL 6 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  06/04/2021    12:03 GMT+7 Vietnamese fruit and vegetable sector targets export revenue of $10 billion       The agricultural sector has determined to improve quality to meet import market standards and achieve the export target of US$10 billion by 2030. Dang Phuc Nguyen, general secretary of the Viet Nam Vegetables Association, said that new-generation free trade agreements (FTAs) such as the EU-Viet Nam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); or Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year.

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