World oil prices
Supply concerns cause oil prices to hit new highs
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In the trading session on August 10 (Vietnam time), oil prices continued to increase after data showed that global oil inventories were at an 8-month low.
Optimistic economic prospects cause oil prices to increase again
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In the trading session on August 9 (Vietnam time), oil prices increased by nearly 1 USD as the market received a more positive economic outlook forecast from the US.
Concerns about weak demand causing oil prices to reverse and decrease
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In the trading session on August 8 (Vietnam time), oil prices plummeted by more than 1% due to investors' concerns about weak demand from the world's two largest economies, China and the US.
Oil prices may increase to $90/barrel in the coming months
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In the trading session on August 7 (Vietnam time), concerns about supply shortages continue to be a factor supporting oil prices to climb.
Continuously increasing for 6 weeks, oil prices approach the 86 USD/barrel mark
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In the trading session on August 5 (Vietnam time), oil prices continued to increase after the world's leading oil producers, Saudi Arabia and Russia, extended supply cuts until September.
Oil prices may increase to 88 USD/barrel
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In the trading session on August 4 (Vietnam time), the increase in oil prices was maintained in the context of tight supply and a shocking decrease in US oil reserves.
Oil prices plummet after reaching a 3-month high
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In the trading session on August 3 (Vietnam time), oil prices slid down as traders reduced risks after one of the three largest credit rating institutions in the US downgraded credit rating.
Reduced reserves push oil prices up
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In the trading session on August 2 (Vietnam time), US gasoline reserves fell sharply, "supporting" oil prices to increase. Domestically, yesterday afternoon, gasoline prices were adjusted to the highest increase of VND 1,171/liter.
Global supply tightens, oil prices exceed 85 USD/barrel
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The trading session on August 1 (Vietnam time), a sign of tightening supply, continued to push world oil prices up sharply, surpassing the mark of 85 USD/barrel. Domestic gasoline prices are expected to increase by a maximum of VND1,400/liter (kg).
World oil rises, domestic gasoline prices may reach 25,000 VND/liter
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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).
Supply shortage causes oil prices to reverse to increase by nearly 2%
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In the trading session on July 28 (Vietnam time), oil prices climbed, supported by scarce supply after OPEC+ cut production, new growth prospects for China's demand as well as global growth.
Increased interest rates cause oil prices to continue to decrease
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In the trading session on July 27 (Vietnam time), oil prices continued to plummet after the US Federal Reserve (Fed) increased interest rates by 25 percentage points.
Oil prices drop after hitting 3-month high
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In the trading session on July 26 (Vietnam time), world oil prices reversed and decreased after increasing to a 3-month high.
Exceeding 82 USD/barrel, world oil prices will increase in the second half of the year
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In the trading session on July 25 (Vietnam time), oil prices increased to a nearly 3-month high due to tight supply, increased demand and expectations of China's stimulus measures.
Demand optimism causes oil prices to continue to increase
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In the trading session on July 24 (Vietnam time), oil prices increased slightly in the context of the market expecting the US Federal Reserve (Fed) to soon stop raising interest rates and increased concerns about supply shortages in the coming months.