GLOBAL OIL & GAS UPDATES

• The supply increases slowly amid geopolitical tensions and recession risks
• Several factors affecting oil prices in the short and medium term
  • OPEC maintains its production cut plan
  • Conflict escalates in the Middle East
  • On the other hand, current oil prices remain low due to concerns over the risk of an economic recession in the United States, the world’s largest oil consumer, and limited purchasing power from China, the world’s largest crude oil imported

VIETNAM OIL & GAS INDUSTRY

• Overview of Vietnam’s Oil and Gas Industry
• The period from 2024 to 2030 will be a golden growth phase for Vietnamese oil and gas companies, closely following Vietnam’s energy development planning related to gas power and the plan to exploit oil and gas fields.
• Key Project: Block B – Ô Môn and its Progress

INVESTMENT STRATEGY

• Recommended Stocks: PVS, PVD, GAS, PLX.