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.
Crude oil imports for Vietnam, up 18.83 percent month-on-month in September, Kuwait and Nigeria top suppliers
Vietnam’s crude oil imports rose 18.83 percent month on month to US$776.84 million in September 2025, according to the latest Data from Vietnam’s General Department of Customs. For the first nine months of the year, imports reached US$5.98 billion.
South Korea’s SK Earthon selling stake in Vietnam oil project valued at US$140 million
SK Earthon, a subsidiary of SK Innovation, is selling its stake in three oil blocks in Vietnam valued at about 200 billion won (US$140 million) as part of efforts to strengthen its balance sheet, The Korean Economic Daily (KED) has reported.
Crude oil production in Vietnam down 1.84 percent in September 2025
Crude oil production in Vietnam fell 1.84 percent month-on-month to 690,000 tonnes in September 2025, according to data from the National Statistics Office.
Energy: Vietnam crude oil imports up 18.27 percent in August, driven by Kuwait
Vietnam’s crude oil imports rose to US$653.74 million in August, up 18.27 percent from July, according to Vietnam’s General Department of Customs. Year-to-date imports reached US$5.20 billion.
Crude oil: Vietnam output down 1.6 percent in first eight months of 2025
Vietnam extracted an estimated 725,500 tons of crude oil in August 2025, slightly up from 708,400 tons in July, according to the latest data from Vietnam’s National Office of Statistics.
Crude oil: Vietnam’s July output rises but 7-month total dips
Vietnam extracted an estimated 688,500 tonnes of crude oil in July 2025, up from 663,400 tonnes in June, according to Vietnam’s National Office of Statistics.
Resources: Australia, Japan top export destinations for Vietnam crude oil in July
Vietnam’s crude oil exports reached $138,569,560 in July 2025, according to the latest data from Vietnam’s General Department of Customs. This represents a significant 93.32 percent increase compared to June.
Energy: Vietnam’s top import origins for crude oil (July 2025)
Vietnam’s imports of crude oil saw a slight decrease in July 2025, reaching $552,737,394, a -0.78 percent decrease compared to June 2025, according to the latest data from Vietnam’s General Department of Customs.
Energy: Vietnam’s main crude oil supply sources, June 2025
Vietnam’s imports of crude oil remained stable in June 2025, reaching $557,103,406, a 0.00 percent change compared to May 2025 according to data from Vietnam’s General Department of Customs.
Energy: Vietnam’s leading crude oil export markets, June 2025
Vietnam’s exports of crude oil saw a significant decline in June 2025, reaching $71,679,275, a -24.69 percent decrease compared to May 2025 according to data from Vietnam’s General Department of Customs.
Crude oil: Vietnam’s output mixed in first five months of 2025
Vietnam produced an estimated 0.70 million tonnes of crude oil in May 2025, up from 0.63 million tonnes in April, according to Vietnam’s National Statistics Office.
Crude oil: Vietnam exports plunge 38.36% in May
Vietnam’s exports of crude oil reached US$95.18 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This marks a significant decrease of 38.36 percent compared to April, bringing the year-to-date (YTD) export value to US$595.99 million.
Energy: Vietnam crude oil imports plunge by 20.19 percent in May
Vietnam’s imports of crude oil amounted to US$557.12 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 20.19 percent compared to April, bringing the year-to-date (YTD) import value to US$3.42 billion.
Crude oil: Vietnam exports surge 20.19 percent in April, Australia top destination
Vietnam’s exports of crude oil reached US$154.42 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a substantial increase of 20.19 percent compared to March, with a year-to-date (YTD) export value of US$512.43 million.
Crude oil: Vietnam extraction declines year-on-year in April and year-to-date
Vietnam’s crude oil extraction continued to soften in April 2025, with output down both month-on-month and compared to the same period last year, according to the latest data from the National Statistics Office.
Crude oil: Vietnam April imports down 6.88 percent over March, Kuwait lead supplier
Vietnam’s imports of crude oil reached US$698.05 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a 6.88 percent decrease compared to the import value in March, with a year-to-date import value of US$2.88 billion for this category.
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 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…
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