Vietnamese fuel distributors reduced the retail prices of
gasoline for the seventh time this year, following an order by two
ministries. SEE MORE As of quarter three, the balance of the fuel price stabilization fund
had risen to nearly VND2.3 trillion, the highest since the use of the
fund was made known to the public. SEE MORE It’s Tuesday morning and about three dozen vehicles are waiting for the
fuel truck to arrive at a service station on the island of Belitung,
Indonesia. Soon, a steady stream of cars will buy all the subsidized
diesel and many of the drivers will then siphon their ration into jerry
cans to sell at a profit.
SEE MORE Oil prices bounced from multi- month lows in Asia today, lifted by an
equities rally and a weaker dollar as minutes from the US Federal
Reserve's latest policy meeting indicate it may keep interest rates at
record lows longer then expected. SEE MORE The National Financial Supervisory Commission (NFSC) forecasted that this year's inflation only stands around 3-4%. SEE MORE
