Business
Gasoline and oil prices today, August 12: Reaching the highest level in 1 week
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Gasoline and oil prices today, August 12: World gasoline and oil prices simultaneously increase. WTI oil price reaches 84 USD/barrel; Brent oil exceeds 89 USD/barrel.
Gold price today, August 12: World slightly decreases, domestic plummets
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Gold price today, August 12: World gold decreased by 24.3 USD/ounce, while domestic gold decreased by 1.7 million VND/tael.
Retail gasoline and oil prices on August 12 at MIPEC system
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Retail gasoline and oil prices today, August 12th, at MIPEC remain stable according to the adjustment from 3:00 PM on August 6th by the inter-Ministry of Industry and Trade - Finance.
Lao Cai establishes Steering Committee to combat tax revenue loss in tourism and digital business
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Lao Cai - The province will establish a Steering Committee to combat tax revenue loss in the fields of tourism, services, e-commerce and digital platform business.
Chieng Khuong gateway, Son La before the opportunity to become an international border gate
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Son La - Locality expected to invest 135 billion VND, aiming to upgrade Chieng Khuong Border Gate into an international border gate.
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.
World oil prices increase, domestic prices may be mixed
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In the trading session on November 30 (Vietnam time), oil prices continued to increase in the context that investors expected OPEC+ to cut supply. Domestic gasoline prices are expected to increase and decrease in different directions.
Oil prices increase ahead of OPEC+ meeting
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The possibility of OPEC+ extending or cutting supply further and the weak USD are factors that pushed oil prices up in the trading session on November 29 (Vietnam time).
Continued decline, oil prices slide to 80 USD/barrel
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In the trading session on November 28 (Vietnam time), oil prices continued to decline in the context of investors being cautious before the OPEC+ meeting on limiting supply until 2024.
Oil prices continue to decline ahead of OPEC+ meeting
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In the first trading session of the week on November 27 (Vietnam time), oil prices continued to plummet right before the OPEC+ meeting. Brent oil prices retreated to nearly 80 USD/barrel.
