World oil prices

| 19/10/2022 - 14:06

In the trading session on October 19 (Vietnam time), world oil prices decreased after a report from the US Government said that the release of crude oil from reserves will continue.

| 17/10/2022 - 14:30

After falling 8% last week, on October 17 (Vietnam time), oil prices turned slightly up nearly 1% in the context of the market worrying about tight crude oil supply.

| 16/10/2022 - 17:14

Concerns about a global economic downturn, fluctuations in the US dollar and low US diesel inventories as winter approaches are the main factors affecting oil prices this week.

| 15/10/2022 - 18:22

Concerns about economic recession or reduced fuel consumption demand in China overwhelmed OPEC+'s production cuts, pushing oil prices in the final trading session of the week on October 15 (Vietnam time) down sharply.

| 14/10/2022 - 14:40

In the trading session on October 14 (Vietnam time), world oil prices turned to increase as the US distillate fuel reserves decreased.

| 13/10/2022 - 14:24

In the trading session on October 13 (Vietnam time), oil prices continued to decrease as concerns about weaker demand and higher interest rates affected market sentiment.

| 12/10/2022 - 16:36

In the trading session on October 12 (Vietnam time), the decline in oil prices continued to be supported by concerns about increased recession and reduced demand.

| 11/10/2022 - 18:22

On October 11 (Vietnam time), world oil prices decreased after increasing for 5 consecutive sessions due to concerns about economic recession. Domestically, gasoline prices also increased by nearly 2,000 VND/liter.

| 10/10/2022 - 16:15

In the trading session on October 10 (Vietnam time), the increase in world oil prices slowed down, breaking the strong price increase streak last week.

| 09/10/2022 - 16:07

World oil prices have increased sharply for a week with Brent oil increasing by 11% and WTI oil climbing nearly 17%. Both types of oil recorded their strongest week of increase since March 2022.

| 08/10/2022 - 13:59

In the trading session on October 8 (Vietnam time), world oil prices increased by about 4% as the market recorded increasing pressure on supply shortages after the decision to cut production sharply by the Organization of the Petroleum Exporting Countries and its allies (OPEC +) from next November.

| 07/10/2022 - 14:38

In the trading session on October 7 (Vietnam time), world oil prices continued to remain high after OPEC+ agreed to tighten global supply with an agreement to cut the production target of 2 million barrels/day - the largest decrease since 2020.

| 06/10/2022 - 15:03

In the trading session on October 6 (Vietnam time), world oil prices increased sharply after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) reduced production by 2 million barrels/day.

| 04/10/2022 - 15:34

In the trading session on October 4 (Vietnam time), world oil prices increased by more than 4 USD due to market information that the price will decrease by 1 million barrels/day next month.

| 03/10/2022 - 15:29

In the trading session on October 3 (Vietnam time), world oil prices increased by more than 2 USD. Meanwhile, domestic gasoline prices have reached more than 20,000 VND/liter.