Oil price
World oil prices fell 1.5% this week due to concerns about recession
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Oil prices have had another volatile week with both Brent and WTI oil falling 1.5% as the US dollar strengthened and investors worried that an economic downturn will reduce crude oil demand.
World oil prices continue to climb
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Positive economic data and strong US fuel consumption contributed to the plummeting of world oil prices in the trading session on August 19 (Vietnam time).
World oil prices climbed due to reduced US crude oil reserves
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In the trading session on August 18 (Vietnam time), world oil prices increased by about 1.5% after reaching the lowest level in the past 6 months due to the sharper decrease in US crude oil reserves than expected, raising concerns about increased Russian production and exports.
World oil prices plummeted after China's economic data
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In the trading session on August 16 (Vietnam time), world oil prices plummeted after China's economic data was released lower than expected due to the prolonged Zero-COVID policy.
US "complains" to India about Russian-origin fuel
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The US expressed concern to India that it is exporting Russian crude oil fuel and transiting goods in international waters to New York, violating US sanctions.
World oil prices continue to decline
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Continuing the decline last weekend, world oil prices started the new week in red at the trading session on August 15 (Vietnam time).
World oil price increase week
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Despite a decrease of more than 2 USD in the last session of the week, both Brent and WTI oil experienced a week of price increase with Brent crude oil increasing by 3.4% and WTI oil increasing by 3.5%.
World oil prices decrease due to supply disruption
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In the trading session on August 13 (Vietnam time), world oil prices decreased by more than 2% due to supply disruption in the US Gulf of Mexico.
World oil prices increase, domestic gasoline prices reach over VND23,000/liter
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In the trading session on August 11 (Vietnam time), world oil prices increased as US gasoline reserves decreased more strongly than expected.
Russian oil stops flowing through a major pipeline to Central Europe
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Russian oil transported via the Druzhba pipeline to Central Europe has been stopped by Ukraine due to payment issues.
World oil prices increased by nearly 2 USD
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In the trading session on August 9 (Vietnam time), world oil prices increased by nearly 2% as positive economic data from China and the US made investors optimistic about demand prospects despite concerns about economic recession.
Oil prices open in red, despite oil warehouse fire in Cuba
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On August 8 (Vietnam time), world oil prices opened in red due to concerns about the risk of a global economic recession that would negatively impact energy consumption prospects.
World oil price deep decline week
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In contrast to last week's "huge" increase, this week, Brent and WTI oil prices have fallen sharply with Brent oil prices "sliding" up to 11% and WTI down 8%.
World oil prices plummeted by nearly 11% during the week
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Last week, oil prices fell nearly 11%, to a six-month low, before Russia launched a special operation in Ukraine in February 2022.
24h Economy: Gold prices increase sharply; Gasoline prices are about to decrease for the 5th time
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Gasoline prices will have a sharp decrease for the 5th consecutive time; Bringing lobsters, emperor crab in... moon cakes; Gold prices have increased strongly... are notable economic news in the past 24 hours.