Oil price

| 16/11/2023 - 08:04

US crude oil inventories increased more than expected, pushing oil prices down in the session on November 16 (Vietnam time).

| 13/11/2023 - 09:20

In the trading session on November 13 (Vietnam time), world oil prices were in the green after Iraq reaffirmed its compliance with reducing exploitation output. Domestically, gasoline prices are forecast to decrease by a maximum of VND 1,000/liter (kg) this afternoon.

| 12/11/2023 - 09:19

Oil price fluctuations this week were strongly affected by weak demand, tight supply and the decline of the USD.

| 11/11/2023 - 08:13

On November 11 (Vietnam time), oil prices increased after Iraq spoke in support of production cuts ahead of the OPEC+ meeting.

| 06/11/2023 - 07:03

In the trading session on November 6 (Vietnam time), oil prices turned to increase due to concerns about tightening supply after the decision to keep the cut output of Saudi Arabia and Russia unchanged.

| 27/10/2023 - 08:36

In the trading session on October 27 (Vietnam time), oil prices plummeted due to concerns about the Middle East conflict easing, while US demand showed signs of weakening and the USD increased.

| 18/10/2023 - 07:55

On October 18 (Vietnam time), oil prices increased sharply in the context of investors waiting for signals of US diplomatic efforts and President Joe Biden's trip to Israel to prevent the conflict in the Middle East from expanding.

| 17/10/2023 - 11:00

In the trading session on October 17 (Vietnam time), oil prices continued to decline because they expected the US and Venezuela to soon reach an agreement to ease sanctions on Venezuela's crude oil exports.

| 13/10/2023 - 07:36

In the trading session on October 13 (Vietnam time), oil prices increased when supply was likely to tighten for a long time.

| 09/10/2023 - 08:17

In the trading session on October 9 (Vietnam time), oil prices increased sharply in the context of escalating tensions in the Middle East.

| 07/10/2023 - 08:20

Despite an upward trend in the trading session on October 7 (Vietnam time), oil prices are heading for their strongest weekly decline since March 2023, due to concerns that interest rates will remain high, slowing down global growth and fuel demand.

| 06/10/2023 - 08:00

In the trading session on October 6 (Vietnam time), oil prices continued to decrease by about 2% after the information that US gasoline reserves increased compared to many analysts' expectations.

| 04/10/2023 - 08:12

In the trading session on October 4 (Vietnam time), oil prices increased slightly again in the context of Saudi Arabia increasing oil prices in October 2023 and Russia said that it will maintain the ban on gasoline exports indefinitely.

| 03/10/2023 - 08:43

In the trading session on October 3 (Vietnam time), oil prices decreased by about 2%, down to a 3-week low due to the strengthening of the USD.

| 30/09/2023 - 08:13

In the last trading session of the week, September 30 (Vietnam time), oil prices decreased slightly due to concerns about the macro economy and investors taking profits. However, in the third quarter, oil prices increased by about 30% due to production cuts.