Oil price

World oil prices continue to decline

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US petroleum reserves increased sharply and China's continued implementation of the Zero COVID measure created pressure on oil prices to decrease sharply in the trading session on November 10 (Vietnam time).

World oil prices plummet

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Concerns about China's fuel demand as well as the results of the US midterm election have caused world oil prices to decrease by more than 2 USD in the trading session on November 9 (Vietnam time).

World oil prices increase slightly

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The weak USD along with the forecast of US refineries increasing capacity has supported oil prices in today's trading session on November 8 (Vietnam time).

World oil prices decrease in the first session of the week

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In the trading session on November 7 (Vietnam time), oil prices decreased by nearly 2% in the context of the market recording the possibility that Russian crude oil will still be guaranteed to trade with a number of conditions when the G7 embargoes and sanctions take effect.

World oil price increases for the second consecutive week

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World oil prices increased sharply last week due to concerns about lack of supply. For the whole week, Brent oil increased by 2.9% and WTI oil increased by 4.7%.

World oil prices increased by more than 5% at the end of the weekend

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In the trading session on November 5 (Vietnam time), oil prices increased by more than 5% in the context of uncertainty in the market about future interest rate increases by the US Federal Reserve (Fed).

World oil prices continue to plummet

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Concerns about weak oil demand in China and sharp interest rate increases in the US have pushed oil prices in the trading session on November 4 (Vietnam time) to continue to plummet.

World oil prices turn down after Fed's decision

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Worried that the US Federal Reserve's (Fed) decision will lead to a new interest rate increase by central banks, oil prices in the trading session on November 3 (Vietnam time) decreased.

World oil prices increase thanks to optimism

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In the trading session on November 2 (Vietnam time), world oil prices increased by more than 2% thanks to the optimistic that China - the world's second largest oil consumer - could reopen.

World oil prices regain momentum

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In the trading session on October 31 (Vietnam time), oil prices turned up due to tight supply pressure overwhelming concerns about global oil consumption, especially in the context of the upcoming impact of EU embargoes and sanctions on Russia.

World oil price increase week

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Brent and WTI oil prices both recorded a week of increase in the context of increased concerns about supply.

World oil prices continue to decrease

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In the trading session on October 29 (Vietnam time), world oil prices continued to decrease for both types of oil.

World oil prices suddenly decreased simultaneously

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In the trading session on October 28 (Vietnam time), world oil prices turned down simultaneously after increasing by more than 3% in the previous session.

China could help cool down global fuel crisis

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Chinese refineries have recently increased the proportion of crude oil processing and exports, suggesting that refined oil may leave China and target the Asian market by the end of this year and early next year.

World oil prices increase by nearly 3%

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In the trading session on October 27 (Vietnam time), world oil prices increased by nearly 3% thanks to US crude oil exports reaching a record high and refineries increasing operating capacity.