Gasoline prices

Oil prices increase slightly ahead of the Fed meeting

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In the trading session on August 25 (Vietnam time), oil prices recovered in the context of investors cautiously waiting for information at the Jackson Hole Conference to predict interest rate trends in the coming time.

Continued decline, oil prices hit $80/barrel

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In the trading session on August 24 (Vietnam time), oil prices plummeted, fuel demand was relatively gloomy.

Oil prices continue to decrease as supply signals gradually improve

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In the trading session on August 23 (Vietnam time), oil prices decreased slightly, while the supply signal gradually improved.

Oil prices are affected by the world's two leading economies

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The first trading session of the week on August 21 (Vietnam time), oil prices were in the red. Domestic gasoline prices are expected to increase slightly by 100-700 VND/liter.

Retaining the upward momentum, oil prices may exceed $90/barrel

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In the trading session on August 18 (Vietnam time), oil prices turned to increase in the context of a weakening USD and the People's Bank of China is looking to boost the economy and the real estate market.

Oil prices continue to plummet despite tight supply

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In the trading session on August 15 (Vietnam time), oil prices decreased due to concerns about the stagnant economic recovery of China - the world's second largest oil consumer and especially the surge of the USD.

Oil prices start the new week in red

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In the trading session on August 14 (Vietnam time), world oil prices decreased after increasing for the 7th consecutive week - the longest increase since 2022.

Information from OPEC and IEA pushes oil prices up

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In the last trading session of the week on August 12 (Vietnam time), oil prices turned slightly higher in the context of record-high global demand and tight supply in the coming time.

Concerns about another US interest rate increase, world oil prices decreased by more than 1 USD/barrel

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In the trading session on August 11 (Vietnam time), oil prices fell by more than 1 USD in the context of concerns about another US interest rate increase gradually decreasing after inflation data. Domestic gasoline prices are expected to increase by 300 - 1,400 VND/liter.

Supply concerns cause oil prices to hit new highs

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In the trading session on August 10 (Vietnam time), oil prices continued to increase after data showed that global oil inventories were at an 8-month low.

Optimistic economic prospects cause oil prices to increase again

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In the trading session on August 9 (Vietnam time), oil prices increased by nearly 1 USD as the market received a more positive economic outlook forecast from the US.

Concerns about weak demand causing oil prices to reverse and decrease

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In the trading session on August 8 (Vietnam time), oil prices plummeted by more than 1% due to investors' concerns about weak demand from the world's two largest economies, China and the US.

Oil prices may increase to $90/barrel in the coming months

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In the trading session on August 7 (Vietnam time), concerns about supply shortages continue to be a factor supporting oil prices to climb.

Continuously increasing for 6 weeks, oil prices approach the 86 USD/barrel mark

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In the trading session on August 5 (Vietnam time), oil prices continued to increase after the world's leading oil producers, Saudi Arabia and Russia, extended supply cuts until September.

Oil prices may increase to 88 USD/barrel

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In the trading session on August 4 (Vietnam time), the increase in oil prices was maintained in the context of tight supply and a shocking decrease in US oil reserves.