Oil price
Continuing to decline, oil prices lose the mark of 85 USD/barrel
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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.
Brent oil price will be at nearly 90 USD/barrel in the fourth quarter
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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.
Oil prices drop as the USD rises
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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.
Oil prices increased by nearly 30% in the third quarter
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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.
Reduced US oil inventories cause oil prices to skyrocket
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In the trading session on September 28 (Vietnam time), oil prices increased after US crude oil inventories fell sharply, adding to concerns about tight global supply.
Interest rates remain high, causing oil prices to decrease
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In the trading session on September 26 (Vietnam time), oil prices decreased in the context that investors were paying attention to the problem of high interest rates that could limit demand.
Oil prices recover due to export ban from Russia
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In the trading session on September 22 (Vietnam time), oil prices turned to increase due to concerns about tightening supply after Russia's ban on fuel exports.
Oil prices continue to increase due to tight supply
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In the trading session on September 16 (Vietnam time), oil prices continued to increase slightly due to tight supply, along with optimism about China's oil demand.
Oil prices remain above $90/barrel
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In the trading session on September 12 (Vietnam time), oil prices decreased slightly, waiting for new signals from reports and forecasts affecting prices to be announced this week.
Oil prices continue to plummet in the first trading session of the week
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In the trading session on September 11 (Vietnam time), oil prices decreased as investors were more cautious in the context of the USD increasing rapidly. Domestic gasoline prices are forecast to increase for the 7th time in the range of 100-300 VND/liter (kg).
Oil prices may increase to 107 USD/barrel
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In the trading session on September 9 (Vietnam time), oil prices turned to climb due to increased US futures on diesel and concerns about tight oil supply after Saudi Arabia and Russia extended supply cuts until the end of the year.
Oil prices skyrocket, Brent reaches $90/barrel
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The supply cuts from Saudi Arabia and Russia until the end of the year caused oil prices to increase sharply in the trading session on September 6 (Vietnam time).
Oil prices hit highest level since the beginning of 2023, approaching the mark of 90 USD/barrel
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In the trading session on September 4 (Vietnam time), oil prices increased to the highest level since the beginning of the year, mainly due to the expectation of tighter supply.
Oil prices hit a 7-month high
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In the trading session on September 2 (Vietnam time), oil prices continued to increase as investors expected that OPEC+'s oil production cuts would continue until the end of 2023.
Oil prices increase sharply, approaching the mark of 87 USD/barrel
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In the trading session on September 1 (Vietnam time), concerns about Typhoon Idalia in the Gulf of Mexico continuing to cover the market, the sharp decline in oil in US reserves is the reason for the sharp increase in world oil prices.