oil price today
World oil prices hit 3-week high
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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.
World oil price approaches the mark of 90 USD/barrel
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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.
World oil prices increase, domestic gasoline prices reach over 20,000 VND/liter
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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.
World oil price increase week
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Overall, Brent and WTI oil prices both increased by about 2% for the whole week. This is the first week of increase in oil prices after 4 consecutive weeks of decline. However, in the third quarter, Brent oil prices decreased by 23% and WTI oil decreased by 25%.
World oil prices red floor in the weekend session
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In the context that the Organization of the Petroleum Exporting Countries and its allies (OPEC+) may cut production at the meeting next week, oil prices at the end of the weekend decreased slightly.
World oil prices increase by more than 2%
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In the trading session on September 28 (Vietnam time), world oil prices increased by more than 2% as the market raised concerns about supply disruptions from the Gulf of Mexico due to the impact of the storm.
Continued decline, oil prices hit 9-month low
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In the trading session on September 27 (Vietnam time), world oil prices decreased in the context of major markets likely to fall into economic recession next year.
World oil prices increased slightly in the first session of the week
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In the trading session on September 26 (Vietnam time), world oil prices increased slightly again after plummeting last weekend in the context of concerns that energy supply from Russia could decrease sharply.
World oil prices drop sharply
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In the trading session on September 24 (Vietnam time), world oil prices fell sharply - to an 8-month low when the USD reached its highest level in more than two decades.
World oil prices increase sharply, surpassing the mark of 90 USD/barrel
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In the trading session on September 23 (Vietnam time), world oil prices increased by nearly 1% due to concerns about Russian supply and demand recovery in China.
World oil prices decrease after the Fed's decision to raise interest rates
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In the trading session on September 22 (Vietnam time), world oil prices decreased by more than 1% after the US Federal Reserve (Fed) announced an interest rate increase to 3 - 3.5% to curb inflation.
World oil prices decrease, domestic gasoline prices increase to more than VND21,000/liter
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In the trading session on September 21 (Vietnam time), world oil prices continued to decrease in the context of the USD price remaining high and investors waiting for the US Federal Reserve's decision to increase interest rates to curb inflation.
The increase in world oil prices slows down
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In the trading session on September 20 (Vietnam time), the increase in world oil prices slowed down waiting for the US Federal Reserve's decision to increase interest rates.
World oil prices increased slightly in the first session of the week
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In the trading session on September 19 (Vietnam time), world oil prices increased slightly with Brent crude oil delivered in November trading at 91.89 USD/barrel, up 0.54 USD. At the same time, US WTI crude oil prices were traded at 84.23 USD/barrel, up 0.55%.
World oil price decrease week
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Concerns about weak consumer demand amid the increasing risk of economic recession and supply pressure to cool down have caused world oil prices to continue to record a strong week of decline with Brent and WTI falling nearly 2%.