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Vietnam Oct crude oil output seen down 15.9 pct y/y to 960,000 T

Vietnam Oct crude oil output seen down 15.9 pct y/y to 960,000 T

Tuesday, October 30, 2018, 08:55 GMT+7
Vietnam Oct crude oil output seen down 15.9 pct y/y to 960,000 T
A pump jack operates at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. Photo: Reuters

HANOI, Oct 29 - Vietnam's crude oil output in October is estimated at 960,000 tonnes, dropping 15.9 percent from a year ago, the government said on Monday.   

Crude oil output in the January-October period fell 12 percent from a year earlier to 10.01 million tonnes, the General Statistics Office said in a report. 

Vietnam's October crude oil exports totalled 303,000 tonnes, down 34.3 percent annually, the GSO said.

This brought crude oil exports in the first 10 months of this year to 3.22 million tonnes, plunging 45.4 percent from a year earlier.

Reuters

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