West Texas Intermediate fell for a second day as forecasts for a sixth
weekly gain in U.S. crude stockpiles bolstered speculation that rising
supply is outpacing demand. Brent slid in London. SEE MORE VietNamNet Bridge – While the Ministry of Industry and Trade (MOIT) is
considering possible measures to cope with sharp falls in oil prices on
the world market, the government does not plan to adjust the state
budget collection plan. SEE MORE Domestic petrol prices were cut yesterday for the ninth time this year, in the wake of falling global fuel prices. SEE MORE Crude oil prices are likely at the bottom of their recent slide,
Continental Resources CEO Harold Hamm said Thursday on an earnings call,
adding that prices will probably return to the mid-$80s to low $90s/b
in the near term. SEE MORE A gauge of the dollar headed for its biggest weekly gain in more than 16
months before a U.S. government report forecast to show employers added
more jobs in October than this year’s average. SEE MORE