World oil prices
Pressure of the USD pushes world oil prices down
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Trading session on February 28 (Vietnam time), oil prices reversed and decreased due to the strengthening of the USD and concerns that the Fed will increase interest rates higher than expected
World oil prices start the new week in green
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In the trading session on February 27 (Vietnam time), oil prices continued to increase due to concerns about increased supply shortages. Brent oil price approached the 83 USD/barrel mark.
World oil prices are expected to sink below $70/barrel
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Last week, oil prices were supported by forecasts of falling Russian oil exports but were pressured by increased crude oil reserves in the US and concerns about global economic activities.
Economic growth pressure pushes oil prices continue to rise
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In the trading session on February 25 (Vietnam time), oil prices increased in the context of investors worrying that recent economic data will prompt central banks to increase interest rates more strongly, putting pressure on economic growth and fuel demand.
Oil prices reverse and increase due to concerns about supply shortages
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In the trading session on February 24 (Vietnam time), oil prices increased in the context of concerns about supply shortages that overwhelmed the strong increase of the US USD and oil reserves. Brent oil price increased to more than 82 USD/barrel.
Concerns about inflation, oil prices hit a two-week low
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In the trading session on February 23 (Vietnam time), oil prices fell sharply in the context of investors worrying that central banks around the world will increase interest rates strongly, putting pressure on economic growth and fuel demand.
World oil prices fall as the USD strengthens
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In the trading session on February 22 (Vietnam time), world oil prices decreased in the context of the USD index increasing beyond the 104 point mark.
Oil prices approach $84/barrel due to the risk of shortage
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In the trading session on February 21 (Vietnam time), oil prices tended to increase in the context of the market recording warnings about the risk of shortage of energy supply, especially gas in Europe as the hot summer is approaching.
World oil price hits weekly low
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In the trading session on the weekend of February 18 (Vietnam time), oil prices fluctuated strongly due to many information surrounding supply, reserves, demand prospects, etc. Brent oil prices accordingly fell to 82 USD/barrel.
Concerns about rising interest rates cause oil prices to continue to plummet
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In the trading session on February 17 (Vietnam time), oil prices continued to decline due to investors' concerns that high interest rates could slow down economic growth and fuel consumption demand also decreased.
Another factor causing oil prices to continue to plummet
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The stronger USD, the skyrocketing US gasoline reserves and investors' concerns about increasing interest rates will slow down the economy are the main factors that caused oil prices to continue to plummet in the trading session on February 16 (Vietnam time).
Extending the downward trend, Brent oil prices fell below $86
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In the trading session on February 15 (Vietnam time), information that the US will release crude oil from strategic reserves caused oil prices to plummet. Brent oil prices fell below $86/barrel.
World oil prices slide due to concerns about economic recession
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In the trading session on February 14 (Vietnam time), oil prices turned down as investors focused on concerns about short-term demand ahead of US inflation data.
Continuing the increase, oil prices remain green in the first session of the week
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In the trading session on February 13 (Vietnam time), world oil prices continued to increase due to Russia's decision to cut production. Domestic gasoline prices are expected to decrease slightly by about 300 VND/liter.
World oil prices regain momentum, Brent oil exceeds 86 USD/barrel
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Russia's oil production cuts have accelerated oil prices in the trading session on February 11 (Vietnam time).