Oil price

World oil prices continue to decrease

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In the trading session on October 26 (Vietnam time), world oil prices continued to decrease due to concerns that Saudi Arabia may release strategic oil reserves and committed to still ensuring supply to meet the world's consumption needs.

World oil prices turn to decrease

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In the trading session on October 25 (Vietnam time), world oil prices fell ahead of the increase of the USD and the data on China's consumption demand was not very positive.

World oil prices increase in the first session of the week

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World oil prices in the first session of the week on October 24 (Vietnam time) were supported by the possibility of recovering consumption demand in China and the shortage of oil supply from Russia in the upcoming embargo.

World oil prices stagnate, domestic gasoline prices increase

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In the trading session on October 21 (Vietnam time), world oil prices stagnated due to concerns that inflation would reduce demand for oil. Domestically, gasoline prices increased from 200 - 840 VND, depending on the type.

World oil price lost more than 3%

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In the trading session on October 19 (Vietnam time), world oil prices decreased after a report from the US Government said that the release of crude oil from reserves will continue.

World oil prices increased slightly after a deep decrease

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After falling 8% last week, on October 17 (Vietnam time), oil prices turned slightly up nearly 1% in the context of the market worrying about tight crude oil supply.

A week of sharp decline in world oil prices

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Concerns about a global economic downturn, fluctuations in the US dollar and low US diesel inventories as winter approaches are the main factors affecting oil prices this week.

World oil prices plummet

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Concerns about economic recession or reduced fuel consumption demand in China overwhelmed OPEC+'s production cuts, pushing oil prices in the final trading session of the week on October 15 (Vietnam time) down sharply.

World oil prices turn to increase after three sessions of decline

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In the trading session on October 14 (Vietnam time), world oil prices turned to increase as the US distillate fuel reserves decreased.

Gulf region ally strongly opposes US demand for oil

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Saudi Arabia said the US is looking to delay OPEC+ oil cuts by a month.

World oil prices decrease for the fourth consecutive session

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In the trading session on October 13 (Vietnam time), oil prices continued to decrease as concerns about weaker demand and higher interest rates affected market sentiment.

World oil prices continue to decrease

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In the trading session on October 12 (Vietnam time), the decline in oil prices continued to be supported by concerns about increased recession and reduced demand.

World oil prices decrease, domestic gasoline prices increase by nearly 2,000 VND/liter

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On October 11 (Vietnam time), world oil prices decreased after increasing for 5 consecutive sessions due to concerns about economic recession. Domestically, gasoline prices also increased by nearly 2,000 VND/liter.

The increase in world oil prices slows down

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In the trading session on October 10 (Vietnam time), the increase in world oil prices slowed down, breaking the strong price increase streak last week.

World oil price's strongest increase week since March

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World oil prices have increased sharply for a week with Brent oil increasing by 11% and WTI oil climbing nearly 17%. Both types of oil recorded their strongest week of increase since March 2022.