How Are Petroleum Businesses Performing?

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• 14 Fuel Wholesalers Cut Prices by 300–350 VND per Liter Below Administered Levels

  In the October 15, 2026 administered price period, domestic fuel prices fell across the board except fuel oil (mazut), with E10RON95-III gasoline dropping the most, by 1,225 VND per liter. On top of administered prices, 14 wholesalers voluntarily cut retail prices by a further 300–350 VND per liter: PVOIL, Long Hưng and Trường An by 350 VND, 11 others by 300 VND, while 12 others sold at administered prices. As of October 15, 2026, Vietnam's gasoline price was no higher than 27,029 VND per liter, below Thailand, Cambodia, China and Laos, though each country uses different price-management mechanisms. The article also highlights the “Quanh tôi” app from the Department of Domestic Market Management and Development (Ministry of Industry and Trade), launched June 1, 2026, for comparing station prices and reporting violations.

  CafeF·22/10, 07:50▼ BSR▼ PLXfuel pricesoil pricesBSR
• IEA: World Faces Risk of Diesel Shortage Until Mid-2027

  In its October oil market report, the IEA warns diesel supply will stay tight until mid-2027, after a sudden drop in third-quarter supply and unusually large prior inventory declines. Global diesel exports fell 700,000 barrels per day year on year last month, and supply gains elsewhere only partly offset shortfalls from Russia and the Middle East. Wholesale diesel in Singapore topped $200 per barrel in mid-September, while Europe and the US hit record levels near $220. Trump said he reached a deal with Putin to supply over 4 million tonnes of diesel, but the agreement faces opposition from both parties in the US and Europe. The IEA forecasts global oil demand to fall by an average of 2.6 million barrels per day this year, and warns that repeated attacks in the Gulf, especially Saudi Arabia, keep the recovery fragile.

  VnExpress·14/10, 17:00▲ BSR▼ PLX▲ PVDoil pricesfuel pricesIEA
• BSR estimates record 9-month profit, reveals plan to divest state capital

  BSR estimates 9-month revenue of VND164,500 billion, up 80% and 7% above its full-year plan; profit attributable to parent shareholders reached VND22,900 billion, 10.6 times the same period last year, driven by high crack spreads. In Q3 alone, revenue was VND59,900 billion, up 70%, and profit was VND6,900 billion, down 9% from the previous quarter but 7.7 times the year-earlier level. Management forecasts 2027 crack spreads of US$18-27 per barrel, lower than 2026 as shipping through the Strait of Hormuz gradually stabilises. For divestment, BSR aims to complete the state stake sale before 11 March 2027, with at least 2.13% of shares to be sold via public auction; Vietcap says progress is consistent with completion in the first half of 2027.

  CafeF·16/10, 02:25▲ BSRBSRoil pricesearnings
• Chevron beats earnings expectations as refining profits soar on high diesel fuel prices

  Chevron reported third-quarter net income up nearly 200% to $9.9 billion, or $5.06 a share, versus $3.5 billion, or $1.82 a share, a year earlier. Adjusted EPS of $5.28 beat the $4.89 Wall Street estimate, and revenue reached $67.8 billion versus $61.6 billion expected. Refining profit surged more than 300% to $4.9 billion from $1.1 billion as U.S. refineries ran at 98% capacity to take advantage of high diesel prices amid attacks on refineries in Russia and the Middle East. Upstream profit rose about 70% to $5.7 billion, but output slipped to 3.9 million bpd from about 4 million bpd, mainly in the international segment, partly due to the Middle East conflict.

  CNBC·30/10, 10:21Chevronearningsoil prices
• Valero Energy Corporation Q3 2026 Earnings Call SummaryYahoo Finance·22/10, 21:25earningsoil pricesfuel prices
• Iran says three oil tankers caught fire in the Strait of Hormuz

  The IRGC Navy said on 30/10 that three oil tankers attempting to transit the Strait of Hormuz via unauthorized routes suffered incidents and caught fire in separate events. According to the IRGC, two tankers operating east and west of the strait deliberately switched off their location systems and ignored radio warnings, and Iran claims they received support from the US military. A supertanker carrying more than 2 million barrels of oil struck a mine and exploded near the strait's entrance. The IRGC said shipowners would bear full responsibility for the consequences and warned that any provocation would be met with a firm, proportionate response. Since the conflict between the US, Israel and Iran erupted on 28/2, Tehran has required vessels to coordinate with its navy and seek permission before transiting.

  CafeF·31/10, 06:42▲ XAU/USD▼ SPY▼ PLX▲ PVDIranStrait of Hormuzoil prices

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• Binance Hack: Everything You Need to Know About the Biggest Crypto Heist in History

  Attackers drained about $6.4 billion from Binance on Thursday, according to Chainalysis and TRM Labs, more than four times the previous record, the $1.5 billion Bybit heist in February 2025. Funds were pulled from Binance hot wallets across roughly 10 blockchains, mostly within about 20 minutes; Binance says the attack targeted its own infrastructure rather than the blockchains, and it has found no evidence that private keys were leaked. TRM Labs and Chainalysis both attribute the attack to TraderTraitor, a North Korean state-linked group. Binance says it will cover all losses with company funds and its Secure Asset Fund for Users, having set aside more than $6.34 billion, and has paused withdrawals to rebuild and retest its systems, aiming to restore them by Sunday. Tether and Circle have frozen roughly $3 billion in related assets, while Elliptic estimates the attacker still controls around $3.3 billion.

  Decrypt·31/10, 15:01▼ BNB/USDTBinancecryptocybersecurity
• Proposal to raise maximum fine to 1.5 billion VND to ensure deterrence

  The government has submitted to the National Assembly a draft amendment to the Law on Handling of Administrative Violations, proposing to extend the statute of limitations to 2 or 3 years in some fields and raise maximum fines to 1.5 billion dong for individuals and 3 billion dong for organizations. Deputy Vu Van Tien says higher fines are needed to punish deliberate, illegally profitable or high-impact violations, but must be proportionate, especially for household businesses and small enterprises. Lawyer Pham Ngoc Thanh supports stronger enforcement but argues increases should not be applied across the board, since deterrence also depends on detection, timely handling and enforceability. He says the legal maximum should be distinguished from the fine applied to each specific violation, and that actual financial capacity must be considered, as a fine that is minor for a large company may exceed what a small operator can pay. In areas such as food safety, environmental protection and counterfeit goods, fines must be high enough that violators do not treat them as a business cost when the gains from violations are larger.

  CafeF·31/10, 14:55regulationVietnambusinesses
• The Nasdaq 100 Briefly Fell Into a Correction as the AI Trade Cracks

  The Nasdaq-100 briefly fell below the correction line (10% below its October 6 record close of 31,224.47) during the October 30, 2026 session as chip stocks slumped, but climbed back above it before the close and finished down 3.46% at 28,384.85. Intel fell 28.6% after guiding fourth-quarter revenue to $15–16 billion, below the $16.5 billion just reported, and the Philadelphia Semiconductor Index dropped 7.2%. NVIDIA fell 4.2% to $204.64 and Invesco QQQ lost 3.47%, while the VIX closed at 19.41 after touching 23.93, suggesting selling eased by the close. Investors are questioning whether hundreds of billions of dollars in AI data center spending will pay off, though Amazon still expects roughly $220 billion in 2026 capex. It is the third time in 2026 the index has fallen more than 10% below a record; the two earlier breaks reversed into new records, and the key level to watch is a close below 28,093.24.

  Yahoo Finance·31/10, 14:54▼ NVDA▼ QQQ▼ AMZN▼ GOOGLNasdaqsemiconductorsAI investment
• Oklo Is 86% Below Its All-Time High. Should You Buy at $27 or Wait?

  Oklo shares trade at $27, down 86% from an all-time high of roughly $194, after surging in 2025 on enthusiasm for nuclear power to meet AI demand. The company is developing the small modular Aurora reactor but is still awaiting regulatory approval, a process that has been ongoing since 2016, and it has generated little revenue. The author argues that at $27 the company is in much the same position it was at $194, with no approval and no operating plant, though the price is lower. With a market valuation of roughly $5 billion, the author does not consider it a bargain and suggests investors may prefer to wait for the story to play out, since meaningful revenue is probably years away.

  Yahoo Finance·31/10, 14:46Oklonuclear energyvaluation
• Is AbbVie a Buy After Its Latest Earnings Report?

  AbbVie reported third-quarter revenue of $17.4 billion, up 10.3% year over year, and adjusted EPS of $3.82, beating the midpoint of its guidance by about $0.07. Excluding costs tied to acquiring experimental drugs, adjusted EPS rose about 17%, from $3.36 to $3.93. Skyrizi and Rinvoq grew 22.7% and 23.9% and together made up 48.7% of revenue, while Humira sales fell to $683 million from $993 million. The company modestly raised full-year adjusted EPS guidance to $13.95 to $13.99 and increased its quarterly dividend 5.2% to $1.82, starting in February. The author remains bullish on AbbVie's long-term prospects but says its current valuation makes the 2027 guidance, due with fourth-quarter results, especially important.

  Yahoo Finance·31/10, 14:37AbbViepharmaceuticalsearnings
• If a Bear Market Is Coming, History Says These Stocks Could Be the Smartest to Own

  The article argues that bear markets are a normal part of investing and that preparing before a downturn is key. It highlights Johnson & Johnson, Medtronic, Coca-Cola and Procter & Gamble as stocks to consider because they operate in economically resilient industries and have long dividend records. Yields cited are about 2% for J&J, 3% for Medtronic, 2.2% for Coca-Cola and 2.7% for P&G, with Coca-Cola's organic sales up 6% in Q2 2026 and P&G's up 4% in fiscal Q1 2027. A chart in the article shows that during the Great Recession, consumer staples and healthcare fell less than the broader market and recovered more strongly afterward. The article notes that past performance does not guarantee future results.

  Yahoo Finance·31/10, 14:35• QQQ• SPYbear markethealthcareconsumer goods