#oil prices

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The retail prices of petrol rise slightly from 3pm on September 18. (Photo: VNA)
Market

Petrol prices edge up in September 18 adjustment

The retail prices of petrol rose slightly from 3pm on September 18 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance amidst fluctuations in international oil prices, exchange rate volatility, and existing regulatory frameworks.

Oil prices were mixed a day after the world's major oil producers announced moderate production cuts. (Photo: Reuters)
Commentary

Oil prices turn to volatility again

Oil prices were mixed a day after the world's major oil producers announced moderate production cuts. Oil-exporting countries declared their readiness to protect oil prices, while importers tried to restrain and impose a ceiling on the price of black gold.
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