Vietnam's Jan-Aug crude oil exports fall 25.7pc y/y

HANOI: Vietnam's crude oil exports in the first eight months of 2016 fell 25.7 percent from a year ago to an estimated 4.65 million tonnes, or 140,000 barrels per day (bpd), the government said on Friday.

Crude oil export revenues in the January-August period plunged 46.2 percent from the same period last year to $1.47 billion, the government's General Statistics Office said in its monthly report.

Oil product imports jumped 22.9 percent in the same period to an estimated 7.95 million tonnes, while the value fell 17.1 percent to $3.05 billion, the office said.

Vietnam's liquefied petroleum gas imports during the eight-month period rose 11.2 percent from a year ago to 798,000 tonnes, it said.