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Tag: crude oil
The Crude Oil category covers industry trends, production data, and trade dynamics in the oil extraction and refining sector. It explores supply chain issues, price fluctuations, geopolitical factors, and government policies, providing insights into export markets, refining capacity, and energy sector developments. This section is essential for stakeholders monitoring the evolving crude oil industry.
Vietnam’s crude oil exports edge up 4.01 percent in March
Vietnam’s crude oil exports rose by 4.01 percent in March compared to February, reaching US$128.48 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s Crude Oil Industry: Overview 2025
Vietnam’s crude oil industry remains a key part of the country’s energy sector and economic landscape, contributing to both domestic energy security and export revenues. In recent years, production levels have faced challenges, prompting efforts to revitalise the sector through new exploration and production projects.
Vietnam’s crude oil extraction estimated to reach 8.1 million tons in 2024
In November 2024, the country produced 652,800 tons of crude oil, which is a strong showing despite a slight dip in December.
Vietnam’s crude oil imports rise by 32.05 percent in December
Kuwait remained Vietnam’s largest crude oil supplier, contributing US$578.56 million in December, a 28.81 percent increase from the previous month. Imports from other sources collectively rose by an impressive 75.88 percent, reaching US$58.40 million.
Vietnam’s crude oil exports rise by 22.86 percent in December
Vietnam’s exports of crude oil total US$1.73 billion for 2024…
Vietnam’s crude oil exports surge 27.4 percent in November
Thailand remained the leading importer, receiving US$47.24 million in November, a slight increase of 0.31 percent from the previous month, and contributing to a year-to-date total of US$669.20 million.