Israel-Hamas conflict
Oil prices cool as the US tries to prevent conflict through diplomacy
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In the trading session on October 24 (Vietnam time), oil prices continued to decline as diplomatic efforts from Europe and the US were stepped up to curb conflicts in the Middle East.
US loosens embargo on Venezuela, causing oil prices to cool down
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In the trading session on October 17 (Vietnam time), oil prices continued to decline because they expected the US and Venezuela to soon reach an agreement to ease sanctions on Venezuela's crude oil exports.
Red oil price in the first session of the week
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On October 16 (Vietnam time), oil prices decreased slightly in the context of investors being cautious about the possibility of the conflict between Hamas and Israel affecting oil supply from neighboring countries in the producing region.
Conflict in the Middle East expands, pushing oil prices above $90/barrel
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In the trading session on October 14 (Vietnam time), oil prices increased by nearly 6% as investors worried that the conflict in the Middle East could expand when Israel began land attacks on the Gaza Strip.
