oil price today
World oil prices increase, domestic gasoline prices reach over VND23,000/liter
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In the trading session on August 11 (Vietnam time), world oil prices increased as US gasoline reserves decreased more strongly than expected.
World oil prices increased by nearly 2 USD
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In the trading session on August 9 (Vietnam time), world oil prices increased by nearly 2% as positive economic data from China and the US made investors optimistic about demand prospects despite concerns about economic recession.
Oil prices open in red, despite oil warehouse fire in Cuba
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On August 8 (Vietnam time), world oil prices opened in red due to concerns about the risk of a global economic recession that would negatively impact energy consumption prospects.
World oil price deep decline week
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In contrast to last week's "huge" increase, this week, Brent and WTI oil prices have fallen sharply with Brent oil prices "sliding" up to 11% and WTI down 8%.
World oil prices plummeted by nearly 11% during the week
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Last week, oil prices fell nearly 11%, to a six-month low, before Russia launched a special operation in Ukraine in February 2022.
World oil prices hit a 6-month low
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In the trading session on August 5 (Vietnam time), world oil prices continued to fall sharply, down to a 6-month low, even before Russia launched a special campaign in Ukraine in February 2022.
World oil prices drop to 6-month low
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Crude oil prices have fallen about 4% to their lowest level in nearly 6 months at the trading session on August 4 (Vietnam time) after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) decided to increase production by 100,000 barrels/day for September.
World oil prices drop sharply, below the 100 USD/barrel mark
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In the trading session on August 2 (Vietnam time), world oil prices decreased by about 4% when negative data on production activities in some countries "weighed heavily" on demand prospects.
World oil price ma week
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The recovery of the stock market and the continued weakness of the US dollar are still factors that pushed Brent and WTI oil prices through a week of "huge" increases.
Oil prices heat up due to concerns about supply shortage
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The shortage of supply along with the weakening of the greenback pushed oil prices up sharply in the trading session on July 30 (Vietnam time).
World oil prices increased by more than 2 USD
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In the trading session on July 28 (Vietnam time), world oil prices increased by more than 2 USD when the decline in US oil reserves and gas from Russia to Europe overwhelmed concerns about weak demand and a US interest rate hike.
World oil prices reverse upward momentum, plummet
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In the trading session on July 27 (Vietnam time), world oil prices plummeted after Russia cut off a large amount of gas to Europe.
World oil price increases by more than 4 USD
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In the trading session on July 26 (Vietnam time), world oil prices increased by more than 4 USD due to concerns about supply, a decrease in the US dollar and a slight increase in the stock market at the beginning of the session.
World oil prices fall as the USD depreciates
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In the trading session on July 25 (Vietnam time), world oil prices were red in the context of weakening demand and Libya's crude oil production resuming.
A series of factors cause world oil prices to fluctuate
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Last week, world oil prices fluctuated amid the possibility of the US Federal Reserve (Fed) only raising interest rates by 0.75% at the end of the month and the European Union (EU) adjusting sanctions against Russia, raising concerns about energy consumption prospects.