Business

Gold price update at the close of the session on August 11: World rebounds, domestic in opposite directions

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Gold price at the close of the session on August 11: While world gold increased by nearly 70 USD/ounce after one session, domestic gold was adjusted in opposite directions by business units.

Update on gasoline and oil prices on August 11th: Mixed fluctuations

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Update on gasoline and oil prices on August 11: World oil prices fluctuate in opposite directions, while domestic gasoline and oil prices are forecast to decrease in this week's operating period.

Agricultural product prices today, August 11: Coffee prices increase slightly

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Agricultural product prices today, August 11th: The average coffee price is at 97,800 VND/kg.

Gold prices cool down after surpassing 4,400 USD, Fed faces a new test

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World gold prices rose slightly after hitting a 2-month high, while investors are waiting for US CPI to assess the possibility of interest rate changes by the Fed.

World gold price today, August 11th: Turnaround after breaking through to a new peak

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World gold prices today, August 11, fluctuated sharply, when spot prices exceeded 4,400 USD/ounce in the morning session and quickly cooled down in the afternoon.

Sharp decline, oil prices slide to $90/barrel

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In the trading session on October 5 (Vietnam time), oil prices fell sharply after data showed that demand in the market was weakening due to high fuel prices.

Brent oil price will be at nearly 90 USD/barrel in the fourth quarter

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In the trading session on October 4 (Vietnam time), oil prices increased slightly again in the context of Saudi Arabia increasing oil prices in October 2023 and Russia said that it will maintain the ban on gasoline exports indefinitely.

Oil prices drop as the USD rises

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In the trading session on October 3 (Vietnam time), oil prices decreased by about 2%, down to a 3-week low due to the strengthening of the USD.

Oil prices regain momentum in the first session of the week

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In the trading session on October 2 (Vietnam time), oil prices increased slightly again in the context that OPEC+ may continue to maintain its policy of tightening supply.

Oil prices increased by nearly 30% in the third quarter

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In the last trading session of the week, September 30 (Vietnam time), oil prices decreased slightly due to concerns about the macro economy and investors taking profits. However, in the third quarter, oil prices increased by about 30% due to production cuts.

Oil prices cool down ahead of OPEC+ meeting

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In the trading session on September 29 (Vietnam time), oil prices turned down in the context of many concerns that high interest rates could affect oil demand.

Reduced US oil inventories cause oil prices to skyrocket

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In the trading session on September 28 (Vietnam time), oil prices increased after US crude oil inventories fell sharply, adding to concerns about tight global supply.

Oil prices surge due to concerns about tight supply

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In the trading session on September 27 (Vietnam time), oil prices increased slightly due to tight supply.

Interest rates remain high, causing oil prices to decrease

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In the trading session on September 26 (Vietnam time), oil prices decreased in the context that investors were paying attention to the problem of high interest rates that could limit demand.

Oil prices expected to surpass the 100 USD/barrel mark before the end of the year

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In the trading session on September 25 (Vietnam time), oil prices were still supported by concerns about tight global supply as we entered the fourth quarter.

Oil prices fluctuate after the Fed's warning of increasing interest rates

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In the trading session on September 23 (Vietnam time), oil prices fluctuated and recorded the first week of decline in the past 4 weeks, as tight supply overwhelmed concerns about reduced demand due to US interest rate increases.

Oil prices recover due to export ban from Russia

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In the trading session on September 22 (Vietnam time), oil prices turned to increase due to concerns about tightening supply after Russia's ban on fuel exports.

Long-term increase in oil prices due to tight supply

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In the trading session on September 20 (Vietnam time), oil prices continued to increase due to the forecast supply deficit increasing as US da production may reach the lowest level in the past 4 months.

Oil prices heading towards 95 USD/barrel

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In the trading session on September 19 (Vietnam time), oil prices continued to stay at their highest level in more than 10 months before warning that the global market could be short of up to 2 million barrels/day in the fourth quarter of 2023.

Oil prices remain green, remain at peak

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extending the increase of the previous 3 weeks, the trading session on September 18 (Vietnam time), oil prices continued to increase. This week, the Fed's decision to report US gasoline and oil reserves will affect oil prices.