News · Vietstock

Brent crude climbs near USD 117 a barrel, highest in 6 months

Brent crude rose 3.1% to close at USD 116.72 a barrel on October 23, its highest close since April 29, while WTI gained 3.8% to USD 103.27. Investors increasingly believe the US could resume strikes on Iran in the coming weeks, after President Donald Trump said the US was not negotiating with Iran and that something would happen “fairly soon”. US officials told The New York Times that the US and Israel had planned new strikes after the midterm elections. For the week, Brent gained 6.2%, its third straight weekly rise, while WTI added 2%. Iran-backed Houthi forces continued attacks on Saudi Arabia, and the US State Department ordered non-essential staff to leave the country.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Giá dầu Brent lên gần 117 USD/thùng, cao nhất trong 6 tháng

Read the original on Vietstock ↗

Keywords

oil pricesIrangeopoliticsHouthiSaudi Arabia

Open a keyword to see other news on the same topic.

Related tickers and likely impact

PLX

▼ Likely negative

Petrolimex

Relevance: medium

MarketVietnam stocks
ExchangeHOSE
SectorOil & Gas
IndustryIntegrated Oil & Gas
Market cap45,551 bn VND
P/E14.2
P/B1.87
Close on 10/23/202635.45
Change that session-1.12%
PLX price, forecasts and signals →

PVD

▲ Likely positive

PetroVietNam

Relevance: medium

MarketVietnam stocks
ExchangeHOSE
SectorOil & Gas
IndustryOil Equipment & Services
Market cap17,534 bn VND
P/E15.8
P/B1.01
Close on 10/23/202618.70
Change that session-1.06%
PVD price, forecasts and signals →

PVT

▲ Likely positive

PVTrans

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorIndustrial Goods & Services
IndustryMarine Transportation
Market cap12,199 bn VND
P/E8.5
P/B1.29
Close on 10/23/202623.70
Change that session+0.42%
PVT price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Iran says Saudi Arabia and Houthis have yet to respond to mediation offer

    Iranian Foreign Minister Abbas Araqchi said Tehran has not received any response from Saudi Arabia or the Houthis to its offer to mediate talks aimed at ending the fighting. In a television interview broadcast on October 20, he warned that any outside intervention would further complicate the situation and said Egypt had told Iran it would not intervene directly in the Yemen conflict. Earlier, Egypt pledged to provide Saudi Arabia with the defense support it needs, and a vote in Egypt's parliament on possible military action against the Houthis was postponed to October 26. Saudi Arabia is also expected to deposit $5.3 billion, plus $267.39 million in interest, into Egypt's central bank this month, supporting Egypt's struggling economy.

    CafeF·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTIranSaudi ArabiaHouthi
  • Oil rebounds as Middle East supply fears persist

    Oil prices rebounded on October 21 as threats to Saudi energy facilities and Gulf shipping kept supply concerns alive, while gold edged lower. Brent rose 1.5% to $110.38 a barrel, and WTI for December delivery gained 1.4% to $99.18, after Brent hit $111.99, its highest in five months, before settling at $108.79. Houthis claimed attacks on a Saudi Aramco site in Yanbu, the Shaybah oilfield and airports, though Saudi authorities had not confirmed them. U.S. crude stocks fell 4.9 million barrels in the week to October 16, per API data. Spot gold slipped 0.1% to $4,118.64 an ounce, with higher energy prices keeping inflation and possible Fed rate hikes in focus.

    hurriyetdailynews.com·▲ PVD▼ PLX▲ PVToil pricesSaudi ArabiaHouthi
  • Brent Oil Hits 5-Month High

    On the evening of 20/10, Brent rose 1.5% to $111.7 a barrel, its highest since May, while WTI jumped 5.2% to $110. Prices rallied after the Iran-backed Houthis in Yemen claimed on 19/10 a series of attacks on energy infrastructure, airports and military sites in Saudi Arabia, though Saudi authorities have not confirmed the reports. Kpler counted at least 18 vessels reportedly attacked in the past two weeks, while a Houthi attack on a security training camp in Shabwa, Yemen, killed 58 people. ING said the risk premium could ease if oil flows continue, but there are no signs of that yet. In the US, the Strategic Petroleum Reserve still holds over 282 million barrels, the lowest since 1982.

    VnExpress·• VNINDEX• XAU/USDoil pricesgeopoliticsHouthi
  • UK to deploy fighter jets to defend Saudi cities from Houthi attacks

    The UK will deploy Royal Air Force Typhoon fighter jets to fly defensive missions protecting Saudi airspace from drones and missiles, as Houthi attacks on Saudi targets escalate. Those attacks include strikes on Riyadh airport that caused multiple fatalities and flight cancellations, and on Saudi Aramco facilities. The jets will operate only defensively and will not conduct offensive strikes, while the UK will also provide an Airbus A400M Atlas and military advisers. The UK Ministry of Defence warned that Gulf violence could raise the cost of living and disrupt energy supplies. Separately, Al Jazeera reported that at least 53 people were killed when Houthis fired three ballistic missiles at a military camp in southern Yemen, a claim CNBC could not independently verify.

    CNBC·▲ XAU/USDHouthigeopoliticsSaudi Arabia
  • Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom

    Saudi Arabia has postponed its major annual investor conference until 2027 as Iran-backed Houthi militants escalate missile and drone attacks on the kingdom. The Future Investment Initiative had been scheduled for Riyadh from October 26 to 29. The decision follows a Houthi attack on King Khalid International Airport in Riyadh on October 10, which left at least 12 people dead and more than 300 injured. Organizers said in an email that new dates will be announced soon.

    CNBC·▲ XAU/USDSaudi ArabiaHouthigeopolitics
  • Houthi Forces Claim Further Attacks on Saudi Airports and Oil Facilities

    Yemen's Houthi forces claimed on October 14 to have targeted King Khalid International Airport, the Saudi Aramco headquarters complex in Dhahran, and an Aramco refinery in Riyadh, according to Reuters. The Saudi-led coalition said it intercepted a ballistic missile aimed at Riyadh, while the Saudi Energy Ministry said the Aramco attack caused only a small fire and no casualties. A Reuters source said a ballistic missile hit the Aramco headquarters complex, damaging the top three floors of an office building. Tensions escalated after Saudi Arabia struck a fuel depot in Yemen on October 13, following an earlier attack on King Khalid airport that killed 13 people and injured more than 300. The attacks raise concerns about energy security, given Aramco's central role in Saudi Arabia's economy and global oil supply.

    CafeF·▲ XAU/USDgeopoliticsoil pricesHouthi

Related markets

Vietnam stocks →

Latest news

  • Bloom Energy Raised Its 2026 Forecast for the Third Time. Is the Stock a Buy More Than a Third Below Its Record?

    Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138% year over year, and raised its 2026 revenue forecast to $4.4 billion–$4.6 billion for the third time this year. Despite the results, shares fell about 9% to $217.77 on Oct. 22 and dropped to roughly $203 after hours, still about 37% below the June 22 record close of $345.85. The weak spot was cash: operations used $27 million in the third quarter, contract assets (revenue booked but not yet billed) rose to $793 million, and free cash flow was negative $181 million. The author says the stock now looks cheaper relative to the raised earnings forecast and could be considered for gradual investment, but wants to see contract assets convert to cash before increasing the position more aggressively.

    Yahoo Finance·Bloom Energyearningsvaluation
  • Apple Joins Nvidia in the $5 Trillion Club. Here's Which Stock I Think Can Get to $10 Trillion First.

    Apple has joined the $5 trillion market-cap club after recent stock gains, while Nvidia remains slightly larger at $5.13 trillion. The author expects Apple to reach $10 trillion first, arguing it is a lifestyle brand with strong customer loyalty: iPhone owners account for about half of Apple's sales, 87% of current iPhone owners say their next smartphone will also be an iPhone, and Apple-made devices in use reached a record 2.5 billion. Nvidia trades at about 14 times next year's expected profit of $15.91 per share, which may reflect a headwind in its AI business, since data centers account for roughly 90% of its revenue and competitors such as AMD and Qualcomm are rising. The article notes that either company could reach the milestone first and that both can perform well.

    Yahoo Finance·▲ AAPLAAPLNvidiavaluation
  • Inflation Is Running Hotter Than Expected. That Could Be Bullish for Bitcoin.

    Consumer prices rose 3.7% in the 12 months through September 2026, and Bitcoin fell about $1,000 after the hotter-than-expected October 14 report, as higher inflation raises the odds of Federal Reserve rate hikes. The article argues Bitcoin is not necessarily well suited to hedge rising costs: producer prices jumped 6.3% over 12 months, and squeezed consumers may invest less in riskier assets like Bitcoin. However, J.P. Morgan Asset Management views Bitcoin as a bet that governments will keep creating money, and U.S. M2 money supply grew 5.7% in the year through August 2026. If the Fed cuts rates while prices keep climbing, Bitcoin's fixed supply could serve as an inflation refuge, and the author says the next few quarters will test this thesis.

    Yahoo Finance·▲ BTC/USDT▲ XAU/USDinflationbitcoininterest rates
  • AI bear slams Nvidia's GPU pitch: 'There's not scarcity other than that which is created by Jensen Huang'

    Ed Zitron, CEO of PR firm EZPR and a critic of the AI spending boom, says Nvidia (NVDA) is creating the scarcity it sells against. He pointed to a concentrated customer base, with five companies accounting for about 70% of Nvidia's accounts receivable in the first half, and accused Jensen Huang of channel stuffing by pushing GPUs into the channel. He questioned what more data centers deliver, citing a Bloomberg report that Microsoft (MSFT) has about 2 gigawatts of AI compute online out of 12 gigawatts reported. He said OpenAI and Anthropic have become 'load-bearing' for several large companies and, asked what should happen if they falter, replied 'Let them die.' He argued that a rescue would not hold up the market, since it depends on GPU sales continuing to rise at higher prices.

    Yahoo Finance·▼ NVDANVDAartificial intelligencedata centers
  • Vertiv (VRT) Stock Looks Below Fair Value After A Huge Run

    The article says Vertiv (VRT) shares have risen strongly on the data center and AI infrastructure wave, with a five-year return of about 660%. A discounted cash flow (DCF) model estimates latest twelve-month free cash flow at about $3.0 billion and an intrinsic value meaningfully above the $194.32 share price. New AI factory partnerships with NVIDIA and Dassault Systèmes, plus a sizeable order backlog tied to AI data center projects, are cited as factors that could affect how fast cash arrives and how much investment is needed. The piece also notes a P/E of 43.2x and asks whether the current price is fully supported by the cash flows implied in the DCF estimate.

    Yahoo Finance·data centersvaluationartificial intelligence
  • Ex-dividend calendar for Oct 26–30: One bank's 50% rights issue ratio stands out

    This week, 10 companies will pay cash dividends, ranging from nearly 3.5% to 20%. MSR set Nov 2 as the last registration date for its 20% advance dividend of the 2/2026 round, with an ex-date of Oct 30 and an estimated payout of about 2,210 billion VND on Nov 6. MSR's shareholders approved an advance of 50% for this round, about 5,500 billion VND, which together with the 10% advance from round 1/2026 brings its total 2026 dividend to 60%, roughly 6,600 billion VND. Techcombank (TCB) set Oct 30, 2026 as its last registration date, with an expected ex-rights date of Oct 29, to issue 3,543,120,207 shares at a 50% ratio, so holders of 100 shares receive 50 new ones. The issue, worth over 35,431 billion VND at par value, is funded by undistributed retained earnings from the audited 2025 financial statements.

    CafeF·dividendsbanksTCB

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.