World oil price forecast

World oil prices rise sharply after US attack on Iran

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Middle East tensions flare up again pushing world oil prices to a two-week high.

Oil prices may maintain prices of more than 80 USD/barrel this year

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In the trading session on January 1 (Vietnam time), oil prices continued to decrease due to increased US crude oil production and expectations of a ceasefire between Israel and Hamas.

Oil prices may soon reach $90/barrel

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In the trading session on April 26 (Vietnam time), oil prices increased slightly due to concerns about supply disruption in the Middle East as Israel increased airstrikes on the city of Rafah in Gaza.

World oil prices may decrease by up to 10 USD per barrel

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In the trading session on April 25 (Vietnam time), world oil prices continued to weaken. Domestically, gasoline prices in the operating period this afternoon are expected to be adjusted down.

Oil prices cool down as Middle East tensions ease

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In the trading session on April 23 (Vietnam time), oil prices continued to plummet as traders realized that in the short term, the conflict in the Middle East would have little impact on supply.

Oil prices forecast to drop sharply in the new week

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In the trading session on April 22 (Vietnam time), world oil prices continued to plummet after Iran's decision not to retaliate, signaling the possibility of a reduction in the escalation of tensions in the Middle East.

Oil prices are heading for a sharp decline this week

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In the trading session on April 19 (Vietnam time), oil prices fluctuated in different directions as investors considered economic data, US sanctions on Venezuela and Iran, and tensions in the Middle East.

Oil prices under pressure due to increased US trade inventories

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In the trading session on April 18 (Vietnam time), oil prices continued to decrease, under pressure from increased US trade inventories and weaker economic data from China.

Gasoline prices may increase by 400 VND/liter this afternoon

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In the trading session on April 17 (Vietnam time), oil prices continued to slide as economic upturns put pressure on investors' psychology.

Domestic retail prices of gasoline may increase this afternoon

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In the trading session on April 11 (Vietnam time), world oil prices increased in the context of escalating tensions in the Middle East, raising concerns that ceasefire negotiations could stagnate.

US oil inventories increase, pushing oil prices further down

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In the trading session on April 10 (Vietnam time), oil prices continued to plummet due to increased US oil inventories, negotiations on a ceasefire in Gaza have not reached a breakthrough.

Oil prices continue to decline

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In the trading session on April 9 (Vietnam time), oil prices continued to slide as Israel reduced its troops in southern Gaza and began a new round of ceasefire negotiations with Hamas.

diplomatic efforts to cool down tensions in the Middle East cause oil prices to drop

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In the trading session on April 8 (Vietnam time), world oil prices started the new week in red while there were expectations of a ceasefire between Israel and Hamas.

Exceeding the 91 USD/barrel mark, oil prices hit a 7-month high

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In the trading session on April 5 (Vietnam time), oil prices continued to increase due to increased geopolitical tensions in the Middle East and potential supply risks.

Oil prices continue to increase, domestic gasoline prices may increase to 25,000 VND/liter

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In the trading session on April 4 (Vietnam time), oil prices maintained their upward momentum as investors worried about supply disruption in the context of increasingly severe geopolitical instability.