Domestic retail price of gasoline

Continuing the decline, oil prices slide below the 80 USD/barrel mark

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Concerns about an economic recession and a stronger US dollar have overwhelmed expectations of increased oil demand in China, causing oil prices to fall sharply in the trading session on April 27 (Vietnam time).

Oil prices hit a monthly low

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In the trading session on April 26 (Vietnam time), oil prices plummeted due to concerns about economic recession that overwhelmed China's hopes for higher demand.

The prospect of increased demand causes oil prices to climb

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In the trading session on April 25 (Vietnam time), oil prices turned to increase after investors were optimistic that fuel demand in China will be boosted during the upcoming holiday in this East Asian country.

Oil prices drop more than 5% due to pressure on USD strengthening

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The pressure from the US dollar has increased, investors considering the possibility of the US Federal Reserve (Fed) raising interest rates has caused oil prices to plummet this week. Overall, Brent oil prices fell 5.4% for the whole week, and WTI oil prices also fell by 5.6%.

Oil prices reverse and increase thanks to positive economic data

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In the trading session on April 22 (Vietnam time), oil prices reversed and increased thanks to positive economic data in the eurozone.

Pressure from the stronger US dollar pushes oil prices down

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In the trading session on April 20 (Vietnam time), oil prices plummeted due to the strengthening of the USD due to concerns that the interest rate increase of the US Federal Reserve (Fed) could limit energy demand in the world's leading oil consumer country.

Oil prices continue to increase after a strong increase

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The increase has not shown any signs of cooling down as oil prices started the new week on April 17 (Vietnam time) in green.

Tight supply drives oil prices up

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The IEA's warning about a shortage of oil supply pushed oil prices down in the trading session on April 15 (Vietnam time).

Traders take profits, oil prices turn to decrease

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On April 14 (Vietnam time), OPEC's warning of uncertainty in demand in the summer along with traders taking profits after two oil products increased to their highest level in many months in the previous session, pushing oil prices down.

The upward trend slowed down, oil prices fell below $85/barrel

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In the trading session on April 11 (Vietnam time), oil prices plummeted due to concerns that the US Federal Reserve (Fed) will continue to increase interest rates, which could limit demand in the context of a tighter market due to OPEC+ producers cutting supply.

Weak demand causes oil prices to reverse down

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The decline in production activities and tightening labor resources have led to a decrease in energy consumption demand and cured the increase in oil prices in the trading session on April 6 (Vietnam time).

World oil prices continue to increase due to reduced supply

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In the trading session on April 5 (Vietnam time), world oil prices continued to increase in the context of a shortage of supply.

US oil reserves drop, oil prices reverse to increase

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In the trading session on March 31 (Vietnam time), oil prices turned to increase due to reduced US crude oil reserves and the suspension of exports from the Kurdish region in Iraq, making the reduction in Russian supply less than expected.