World oil price forecast

| 10/11/2023 - 07:10

In the trading session on November 10 (Vietnam time), oil prices increased slightly due to signs of increased demand from China - the world's leading oil importer.

| 09/11/2023 - 06:51

Concerns about weak demand in the US and China have pushed oil prices down by more than 2% in the trading session on November 9 (Vietnam time).

| 08/11/2023 - 07:31

In the trading session on November 8 (Vietnam time), oil prices decreased by more than 4% after China's economic data, the strengthening of the USD and increased US oil inventories.

| 30/10/2023 - 08:31

In the trading session on October 30 (Vietnam time), world oil prices cooled down in the context of the conflict in the Middle East being controlled.

| 28/10/2023 - 08:55

At the end of the last trading session of the week on October 28 (Vietnam time), oil prices increased due to concerns about escalating tensions in the Middle East, affecting oil supply from this region.

| 30/09/2023 - 08:13

In the last trading session of the week, September 30 (Vietnam time), oil prices decreased slightly due to concerns about the macro economy and investors taking profits. However, in the third quarter, oil prices increased by about 30% due to production cuts.

| 15/09/2023 - 08:35

In the trading session on September 15 (Vietnam time), oil prices increased sharply due to limited supply, the amount of oil produced decreased by 1.3 million barrels/day until the end of this year.

| 12/09/2023 - 08:48

In the trading session on September 12 (Vietnam time), oil prices decreased slightly, waiting for new signals from reports and forecasts affecting prices to be announced this week.

| 05/09/2023 - 09:00

In the trading session on September 5 (Vietnam time), oil prices were boosted by positive economic data from China and the US, as well as major producers expected to continue cutting oil production.

| 31/07/2023 - 07:49

In the first trading session of the week on July 31 (Vietnam time), Brent and WTI oil prices increased slightly. Domestic gasoline prices are expected to increase by about VND 1,000-1,400/liter (kg) in the operating period tomorrow afternoon (August 1).

| 18/07/2023 - 08:18

On July 18 (Vietnam time), oil prices continued to decline after data showed that China's economic growth was weaker than expected, raising doubts about demand in the world's second largest oil consumer.