World oil price forecast

| 09/03/2024 - 09:48

In the trading session on March 9 (Vietnam time), oil prices turned down sharply due to concerns that US interest rates will remain high for a long time, causing economic growth to slow down and possibly limiting oil demand.

| 08/03/2024 - 08:06

In the trading session on March 8 (Vietnam time), oil prices continued to increase due to import-export growth data of China - the world's second largest economy.

| 07/03/2024 - 06:46

In the trading session on March 7 (Vietnam time), oil prices suddenly turned to increase by about 1% due to US crude oil inventories increasing less than expected.

| 06/03/2024 - 07:14

In the trading session on March 6 (Vietnam time), oil prices turned to slide due to concerns about weak demand from the world's leading oil consuming countries.

| 05/03/2024 - 07:12

In the trading session on March 5 (Vietnam time), oil prices were supported by the decision to extend OPEC+'s voluntary production cuts to the second quarter.

| 04/03/2024 - 07:17

In the trading session on January 4 (Vietnam time), oil prices continued to increase last week due to concerns about continued tightening global supply.

| 28/12/2023 - 08:09

In the trading session on December 28 (Vietnam time), oil prices turned down in the context of large shipping companies resuming operations across the Red Sea. Domestically, gasoline prices are expected to increase and decrease in different directions this afternoon.

| 02/12/2023 - 08:11

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.

| 01/12/2023 - 07:22

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.

| 30/11/2023 - 07:19

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.

| 25/11/2023 - 07:30

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.

| 22/11/2023 - 07:16

In the trading session on November 22 (Vietnam time), oil prices increased slightly in the context of investors being cautious before the OPEC+ meeting and US gasoline inventories decreasing.

| 21/11/2023 - 07:01

In the trading session on November 21 (Vietnam time), oil prices increased due to concerns about continued tightening global supply.

| 20/11/2023 - 08:35

Reversing the decline of last week, in the first trading session of the week on November 20 (Vietnam time), Brent and WTI oil prices both increased slightly.

| 15/11/2023 - 07:38

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.