Business

Update on gasoline and oil prices on April 11: World oil prices reverse sharply

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Update on gasoline and oil prices on April 11: In today's trading session, world oil prices reversed to decrease.

Gold prices are gradually losing their shelter role, so it should be considered an investment asset

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JP Morgan believes that gold prices are not a hedging tool against geopolitical fluctuations, but should be viewed as a true investment asset.

Real estate stocks revive

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The stock market had its third consecutive week of gains with the highlight being the return of the real estate stock group.

Tax Department responds to 2026 personal income tax exemption regulations

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The Tax Department has just responded to citizens regarding the regulations on personal income tax exemption in 2026.

Gold prices plummet, stores no longer have long lines waiting to buy

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On April 11, gold prices cooled down, in Hanoi, the number of gold buyers on many streets decreased significantly, and the waiting time for transactions was significantly shortened.

Oil prices continue to increase thanks to demand prospects

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In the trading session on December 16 (Vietnam time), oil prices continued to increase slightly thanks to a positive forecast for global oil demand and a weaker USD.

The prospect of improved demand pushes oil prices up

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In the trading session on December 15 (Vietnam time), oil prices increased after the US Federal Reserve (Fed) signaled lower borrowing costs for 2024.

World oil prices increase, domestic prices are expected to decrease

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In the trading session on December 14 (Vietnam time), oil prices increased due to concerns about the security situation in the Middle East affecting oil supply. Domestic gasoline prices are expected to be adjusted down by around 300-800 VND/liter (kg) this afternoon.

Concerns about supply surplus pushing oil prices down

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Concerns about the supply situation and weak growth in fuel demand next year have pushed oil prices down more than 3% in the trading session on December 13 (Vietnam time).

Oil prices increase slightly, Brent oil exceeds 76 USD/barrel

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In the trading session on December 12 (Vietnam time), oil prices increased slightly before the information that the US Department of Energy will take advantage of lower oil prices to start adding strategic reserves.

Brent and WTI oil prices increased slightly in the first session of the week

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Oil prices started the new week in the session on December 11 (Vietnam time) with Brent and WTI oil both increasing slightly. However, both oil products are still quite far from the $80/barrel mark.

Oil prices record the longest weekly decline in 5 years

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Recorded for the 7th consecutive week of decline, oil prices this week marked the longest weekly decline in half a decade.

Oil prices accelerate, increase by more than 2% in the last session of the week

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In the trading session on December 9 (Vietnam time), oil prices continued to increase after US data supported demand growth expectations.

Oil prices recover after falling to 6-month low

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The trading session on December 8 (Vietnam time), although slightly increased, oil prices are still heading for the 7th week of decline as they have always maintained a downward momentum since OPEC+ announced production cuts.

Oil prices drop to new level, domestic gasoline prices may decrease further this afternoon

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In the trading session on December 7 (Vietnam time), oil prices fell sharply due to concerns about weak demand in major markets. Domestic gasoline prices are expected to decrease by about 300-500 VND/liter (kg) this afternoon.

World oil price drops to 5-month low

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In the trading session on December 6 (Vietnam time), world oil prices continued to be under pressure to decrease as the market increasingly worried about increased supply, while demand remained low.

Turning down, oil prices slide to $80/barrel

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In the trading session on December 5 (Vietnam time), oil prices decreased by more than 1% in the context of traders worried about OPEC+'s production cuts in the first quarter of 2024.

Brent oil price may reach 100 USD/barrel next year

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At the beginning of the trading session of the week on December 4 (Vietnam time), oil prices recovered after falling for 6 consecutive weeks.

Oil prices continue to plummet after OPEC+'s decision

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In the trading session on December 2 (Vietnam time), oil prices continued to decrease by more than 2% due to market caution with the latest output cut by OPEC+ and stagnant production activities in the world.

OPEC+ members' decision to reduce production causes oil prices to plummet

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In the trading session on December 1 (Vietnam time), oil prices decreased by more than 2% after OPEC+ producers agreed to cut production in the first quarter of 2024. This cut will be announced by each member instead of the entire group.