Saudi Arabia, Russia deepen oil cuts

Saudi Arabia, Russia deepen oil cuts

(VOVWORLD) -Saudi Arabia said Monday it will increase its oil production cut by 1 million barrels a day, which means its production for this month and next month will be...
Government proposes value-added tax cut by 2% from July

Government proposes value-added tax cut by 2% from July

(VOVWORLD) -Minister of Finance Ho Duc Phoc on Wednesday presented to the National Assembly meeting a report on the continued reduction of value-added tax by 2%. The new tax policy will be applied to goods and services...
OPEC+ agrees to reduce oil production

OPEC+ agrees to reduce oil production

(VOVWORLD) - The OPEC+ alliance of oil-exporting countries agreed to cut oil production by 2 million barrels per day at their first face-to-face meeting since the start of the...
OPEC+ to consider cutting oil production

OPEC+ to consider cutting oil production

(VOVWORLD) - OPEC+ will discuss cutting its oil production by more than 1 million barrels a day, at a meeting in Vienna this week, more than than last week’s figure of...
EU countries agree to cut gas consumption

EU countries agree to cut gas consumption

(VOVWORLD) -European Union countries formally adopted the bloc's emergency plan to curb gas use on Friday, as they attempt to save fuel for a winter of uncertain Russian supplies
OPEC+ extend oil production cuts to end of July

OPEC+ extend oil production cuts to end of July

(VOVWORLD) - The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed to extend oil production cuts until the end of July that have helped bolster oil prices since...