Oil price
World oil prices continue to increase
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In the trading session on December 27 (Vietnam time), world oil prices increased in the context of China's announcement of easing COVID-19 pandemic restrictions.
Oil prices increase after Russia reduces production
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In the weekend trading session on December 24 (Vietnam time), oil prices increased sharply after the announcement of the possibility of cutting Russia's output to deal with the price cap.
Germany buys oil from another country but transportes it via Russian pipeline
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Germany said it had ordered oil from neighboring Russia, not from Moscow, and was only transported via Russian pipelines.
US strengthens global energy supplier position in 2023
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The US has become a global crude oil exporter in recent years, but since World War II, US oil exports have not exceeded imports. That could change in 2023.
Surprised by India's market share in Russian oil exports
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India is expected to remain Russia's top Urals crude oil importer for December - the second consecutive month, Reuters quoted data from Refinitiv and traders.
World oil prices regain momentum
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The weakening of the USD and the tight supply pressure have supported oil prices today (November 23, Vietnam time) to increase.
World oil prices remain stable
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In the trading session on November 22 (Vietnam time), world oil prices tended to move sideways despite concerns about economic recession, reduced demand...
World oil prices continue to decrease
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Concerns about weak demand in China - the world's leading oil consumer and additional increases in US interest rates have pushed oil prices down by about 2% in the last trading session of the week on November 19 (Vietnam time).
World oil price drops below 90 USD/barrel
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World oil prices continued to decrease in the session on November 18 (Vietnam time) due to demand being tightened by the increase in COVID-19 cases in China and concerns about the US interest rate increase.
World oil prices regain momentum
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On November 16 (Vietnam time), oil prices increased again when the International Energy Agency (IEA) warned about the upcoming ban by the EU on Russian oil exports by sea.
World oil prices fall after OPEC+ lowers demand forecast
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After the Organization of the Petroleum Exporting Countries and its allies (OPEC+) lowered its forecast for global oil demand growth in 2022 and 2023, world oil prices fell significantly in the trading session on November 15 (Vietnam time).
EU to have new oil import route through Russia
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Kazakhstan has begun using a new oil export route as more than two-thirds of its oil is sent to the EU via Russia.
World oil price decrease week
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After two consecutive weeks of price increases, oil prices have turned around, experiencing a week of decline with Brent oil down 2.6%, WTI lost nearly 4%.
World oil prices continue to increase strongly
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US inflation, easing of COVID-19 epidemic restrictions in China and a decreasing USD have pushed world oil prices up sharply in the trading session on November 12 (Vietnam time).
World oil prices increase again
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In the trading session on November 11 (Vietnam time), world oil prices reversed and increased when the market received information that the US Consumer Price Index (CPI) had increased less than expected in October. Domestically, RON 95-III gasoline prices increased by more than VND1,000 per liter.