Domestic retail price of gasoline
USD increases, oil prices plummet
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On May 19 (Vietnam time), oil prices plummeted after US economic data pushed the USD up to a 2-month high due to expectations that the US Federal Reserve (Fed) could raise interest rates.
Disillusioned with demand, oil prices reverse and increase
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In the trading session on May 18 (Vietnam time), oil prices increased by about 2 USD due to optimism about oil demand and negotiations on the US debt ceiling overwhelming concerns about supply.
Weak economic data pushes oil prices down
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In the trading session on May 17 (Vietnam time), oil prices turned down due to weaker-than-expected economic data in China and the US, despite the International Energy Agency (IEA)'s forecast of higher global demand.
Oil prices reverse to increase due to supply shortage
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In the trading session on May 16 (Vietnam time), the shortage of supply in Canada overwhelmed concerns about economic recession, pushing oil prices down. Brent oil price increased to more than 75 USD/barrel.
Oil prices continue to decline from last week
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In the trading session on May 15 (Vietnam time), oil prices continued to decrease due to growing concerns about the adverse impacts of the US economic downturn on goods according to the cycle and low economic data of China.
The plummeting oil price shows no signs of slowing down
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The strengthening of the USD and weak economic data from the US and China continued to push oil prices down in the session on May 13 (Vietnam time).
Weak economic data puts great pressure on world oil prices
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In the trading session on May 12 (Vietnam time), weak economic data from the US and China caused oil prices to continue to plummet.
Increased consumption demand and reserves fuel oil prices
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In the trading session on May 10 (Vietnam time), oil prices continued to increase in the context of higher seasonal demand.
Oil prices reverse to increase after a sharp decrease this week
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In the trading session on May 8 (Vietnam time), oil prices regained momentum after the US Energy Company cut down on oil and natural gas drilling rigs.
Oil prices turn to increase in the weekend session
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In the trading session on September 6 (Vietnam time), oil prices increased in the context of the US Federal Reserve (Fed) leaving open the possibility of temporarily suspending interest rate increases.
Oil prices close to 70 USD, gasoline prices may decrease by 1,000 VND
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In the trading session on January 4 (Vietnam time), oil prices fell sharply after the US Federal Reserve (Fed) increased interest rates.
Oil prices drop to 5-week low
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In the trading session on March 3 (Vietnam time), oil prices fell sharply in the context of concerns about bankruptcy and interest rate increases in the US.
Oil prices continue to plummet despite many supporting factors
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In the trading session on January 2 (Vietnam time), oil prices continued to plummet despite the increasing supporting factors from OPEC+'s supply cut effective from this month.
Oil prices drop ahead of Fed rate hike
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In the trading session on January 1 (Vietnam time), world oil prices decreased right before the US Federal Reserve (Fed) met to decide on the final interest rate increase. In which, Brent oil price decreased below the mark of 80 USD/barrel.
Oil prices reverse to increase slightly waiting for new signals
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In the trading session on April 28 (Vietnam time), oil prices turned slightly higher, reversing the effect of cutting OPEC+ production targets at the beginning of the month.