Gasoline prices
Demand optimism causes oil prices to continue to increase
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In the trading session on July 24 (Vietnam time), oil prices increased slightly in the context of the market expecting the US Federal Reserve (Fed) to soon stop raising interest rates and increased concerns about supply shortages in the coming months.
Oil price increases for the fourth consecutive week
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During the week, Brent oil prices increased beyond the 80 USD/barrel mark, WTI oil reached 77.07 USD/barrel. For the whole week, Brent oil prices increased by about 1.2%, WTI oil increased by nearly 2%.
Tight supply pushes oil prices above $80/barrel
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The trading session on July 22 (Vietnam time), due to the risk of a shortage of supply in the coming months, oil prices increased sharply.
Domestic gasoline prices may increase by VND1,000/liter
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In the trading session on July 21 (Vietnam time), world oil prices continued to be supported by tight supply and increased crude oil imports from China. Domestic oil prices are expected to increase by about 400-1,000 VND/liter (kg).
Optimistic economic signals make oil prices continue to increase
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In the trading session on July 20 (Vietnam time), oil prices increased slightly in the context of tightening US crude oil supply and committing to restore China's economic growth.
Starting the trading week in red, oil prices slid to $80/barrel
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In the trading session on July 17 (Vietnam time), oil prices plummeted by nearly 1% due to increased concerns that the US Federal Reserve (Fed) will increase interest rates at its meeting later this month.
Oil prices hit a 3-month high
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On July 14 (Vietnam time), oil prices continued to increase after US inflation data showed that interest rates in the world's largest economy were close to bottom.
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.
