Domestic retail price of gasoline

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 continue to slide ahead of OPEC+ meeting

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In the trading session on November 25 (Vietnam time), oil prices maintained their decline ahead of the OPEC+ meeting at the end of the month to make a decision to adjust production in 2024.

Oil prices stagnate waiting for new signals

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In the trading session on November 15 (Vietnam time), oil prices remained stable due to reduced signs of tension in the Middle East and uncertainty about US oil inventories.

Weak supply pushes oil prices up

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On November 11 (Vietnam time), oil prices increased after Iraq spoke in support of production cuts ahead of the OPEC+ meeting.

WTI oil and Brent oil prices below $80/barrel

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In the trading session on November 10 (Vietnam time), oil prices increased slightly due to signs of increased demand from China - the world's leading oil importer.

Weak demand causes oil prices to drop sharply

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In the trading session on November 8 (Vietnam time), oil prices decreased by more than 4% after China's economic data, the strengthening of the USD and increased US oil inventories.

World oil prices drop, domestic gasoline prices may increase for the 19th time

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In the trading session on October 31 (Vietnam time), oil prices continued to decrease in the context of investors becoming cautious before the Fed's meeting.

Oil prices will be at 95 USD/barrel in the first quarter of 2024

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At the end of the last trading session of the week on October 28 (Vietnam time), oil prices increased due to concerns about escalating tensions in the Middle East, affecting oil supply from this region.

Oil prices cool as the US tries to prevent conflict through diplomacy

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In the trading session on October 24 (Vietnam time), oil prices continued to decline as diplomatic efforts from Europe and the US were stepped up to curb conflicts in the Middle East.

World oil rises, domestic gasoline prices may reach 25,000 VND/liter

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In the first trading session of the week on July 31 (Vietnam time), Brent and WTI oil prices increased slightly. Domestic gasoline prices are expected to increase by about VND 1,000-1,400/liter (kg) in the operating period tomorrow afternoon (August 1).

Oil price increase is limited due to reduced demand

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Concerns about the possibility of interest rate increases in the US and Europe will reduce oil demand, limiting the increase in oil prices in the trading session on June 30 (Vietnam time).

Supply interruption causes oil prices to increase

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In the trading session on June 27 (Vietnam time), oil prices increased in the context of concerns about the political situation in Russia affecting oil supply.

Market sentiment still weighs on oil prices

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In the trading session on June 26 (Vietnam time), oil prices cut off the downward trend last week, turning around and increasing slightly. However, market sentiment is still an obstacle for oil prices.

Economic recession continues to weigh on oil prices

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In the trading session on June 24 (Vietnam time), oil prices continued to decrease due to concerns about increased recession after the decision to raise interest rates by central banks and the strengthening of the USD.

Oil prices may increase to 80 USD/barrel

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In the trading session on June 17 (Vietnam time), oil prices continued to increase, affected by increased demand from China and supply cuts by OPEC+.