Oil price

Oil prices increase sharply, approaching the mark of 87 USD/barrel

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In the trading session on March 19 (Vietnam time), oil prices increased sharply in the context of reduced supply and stronger demand prospects.

Oil prices continue to increase after a strong increase this week

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In the trading session on March 18 (Vietnam time), oil prices continued to increase to the highest price since November 2023 to date.

Oil prices turn to decrease after reaching a 4-month high

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In the trading session on March 16 (Vietnam time), oil prices decreased slightly due to the pressure of investors selling to take profits after two strong increases.

World oil prices skyrocket, domestic gasoline may decrease

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In the trading session on March 14 (Vietnam time), oil prices increased due to more than expected US crude oil inventories and the possibility of supply disruption after Russian refineries were continuously attacked.

Oil prices are unlikely to break out in the near future

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In the trading session on March 13 (Vietnam time), oil prices turned slightly higher due to geopolitical tensions in the Middle East, which continued to raise many concerns for investors.

Oil prices weaken due to concerns about high interest rates

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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.

Oil prices drop about 10% this year

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In the trading session on December 30 (Vietnam time), oil prices continued to decrease due to concerns about geopolitics and scarce supply.

Abundant supply causes oil prices to decline

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In the trading session on December 29 (Vietnam time), oil prices continued to decrease in the context of abundant supply as major shipping lines began to return to the Red Sea and diesel supply in Asia is expected to increase in 2024.

Mixed oil prices in the first session of the week

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In the trading session on December 25 (Vietnam time), oil prices were in contrast to Brent oil, which increased slightly, and US WTI oil decreased slightly.

Oil prices increase by 3% for the second consecutive week

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Last week, oil prices fluctuated continuously in each trading session, affected by the factor of the Houthi forces attacking ships in the Red Sea and Angola declaring to leave OPEC.

Oil prices continue to decline after Indonesia's decision to leave OPEC

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At the trading session on December 23 (Vietnam time), oil prices fell after Angola - the second largest oil producing country in Africa - announced it would leave the Organization of the Petroleum Exporting Countries (OPEC).

Oil prices drop as US reserves increase sharply

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In the trading session on December 22 (Vietnam time), oil prices fell due to concerns about reduced demand after US crude oil reserves unexpectedly increased sharply.

Maintaining the steep climb, oil prices approach the $80/barrel mark

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In the trading session on December 20 (Vietnam time), oil prices continued to increase due to concerns that global oil supply was interrupted by tensions in the Red Sea.

Intermittent supply pushes oil prices up steadily

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In the trading session on December 19 (Vietnam time), oil prices increased due to low exports from Russia and developments related to oil tankers in the Red Sea, raising concerns about supply disruption.

Oil prices improve in the new week

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In the first trading session of the week on December 18 (Vietnam time), oil prices maintained their upward momentum in the context of the IEA and OPEC having a more optimistic view of the demand outlook.