Gasoline prices

Oil prices increase sharply, surpassing the mark of 80 USD/barrel

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In the trading session on July 13 (Vietnam time), oil prices increased after US inflation data. Notably, this is the first time since May this year that Brent oil prices have exceeded $80/barrel.

Oil prices hit a 10-week high

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The decrease in the USD, high demand expectations while supply decreased pushed oil prices up in the trading session on July 12 (Vietnam time).

Domestic oil prices will increase by 300 VND/liter

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In the trading session on July 11 (Vietnam time), world oil prices decreased due to concerns about the US increasing interest rates at the US Federal Reserve (Fed) meeting at the end of this month. Domestic gasoline prices are expected to increase by 200-300 VND/liter (kg).

Gasoline price this afternoon may decrease by 300 VND/liter

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In the trading session on July 3 (Vietnam time), world oil prices increased slightly. Domestic gasoline prices are expected to decrease by 100-300 VND/liter (kg).

Tight supply pushes up oil prices

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In the trading session on July 1 (Vietnam time), oil prices continued to increase in the context of tight supply.

Lower crude oil reserves boost oil prices

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In the trading session on June 29 (Vietnam time), the reversal of oil prices is due to the second consecutive decline in US crude oil reserves, signaling increased demand from the world's largest oil consumer.

Increased recession causes oil prices to turn down

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In the trading session on June 28 (Vietnam time), oil prices plummeted by more than 2% due to concerns that interest rates will continue to increase, while US gasoline and crude oil reserves decreased during the peak summer driving season.

Supply interruption causes oil prices to increase

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In the trading session on June 27 (Vietnam time), oil prices increased in the context of concerns about the political situation in Russia affecting oil supply.

Economic recession continues to weigh on oil prices

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In the trading session on June 24 (Vietnam time), oil prices continued to decrease due to concerns about increased recession after the decision to raise interest rates by central banks and the strengthening of the USD.

Increased interest rates cause oil prices to drop dramatically

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In the trading session on June 23 (Vietnam time), oil prices were affected by the UK Central Bank's higher-than-expected interest rate increase, raising concerns about the economy and fuel demand.

Oil prices soar to a one-week high

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On June 16 (Vietnam time), a weak USD and retail sales in this country surged, pushing oil prices up to a one-week high.

Oil prices drop after signal of continuing to increase Fed interest rates

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In the trading session on June 15 (Vietnam time), oil prices fell significantly after the US Federal Reserve (Fed) expected to increase interest rates more this year, causing the market to worry about demand, especially in the context of strong increases in US crude oil reserves.

Retail prices of gasoline may increase slightly next week

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In the trading session on June 10 (Vietnam time), oil prices fell more than 1 USD due to weak economic data from the US and China, increasing concerns about demand growth after Saudi Arabia's decision to cut production.

Concerns about slow economic growth pushing oil prices down

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In the trading session on June 7 (Vietnam time), oil prices decreased due to concerns that global economic growth could slow down energy demand. This concern overwhelmed Saudi Arabia's commitment to cut production further last weekend.

World oil price may reach 100 USD/barrel

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In the trading session on June 6 (Vietnam time), oil prices continued to increase after the world's leading oil exporter Saudi Arabia pledged to cut production by 1 million barrels/day from July.