World oil prices

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.

Oil prices continue to be affected by tensions in the Middle East

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At the end of the last trading session of the week on April 6 (Vietnam time), oil prices continued to stay high as the market focused on monitoring the conflict between Israel and Iran to confirm that supply could tighten further in the future.

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.

Oil prices skyrocket, supply is expected to be narrower

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In the trading session on January 3 (Vietnam time), oil prices increased sharply in the context of increased drone attacks on Russian energy facilities and escalating conflict in the Middle East.

The boost could push oil prices skyrocket to $100/barrel

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In the trading session on February 2 (Vietnam time), oil prices increased due to improved demand in the context of supply being more likely to tighten.

Mixed oil prices in the first session of the new quarter

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Political tensions in Eastern Europe and the Middle East, along with the maintenance of voluntary production cuts, caused mixed oil prices in the trading session on April 1 (Vietnam time).

Oil prices have increased by more than 12% in the first quarter of 2024

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In the last trading session of the week (March 30, Vietnam time), oil prices continued to increase due to concerns about tight supply and increased demand.

Oil prices increase, approaching the mark of 87 USD/barrel

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In the trading session on March 29 (Vietnam time), oil prices increased sharply in the context of the US tightening the number of drilling rigs.

Oil prices cool down, domestic gasoline prices may increase by 600 VND/liter

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In the trading session on March 28 (Vietnam time), oil prices were affected by the stronger USD and the sudden increase in US crude oil and gasoline reserves.

Russia suddenly cuts production, oil prices start to fluctuate

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In the trading session on March 27 (Vietnam time), oil prices climbed after the Russian Government ordered companies to cut production in the second quarter to meet the target of 9 million barrels/day.

Oil prices increase as geopolitical tensions pose risks

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In the trading session on March 26 (Vietnam time), oil prices continued to increase in the context of the United Nations Security Council passed a resolution requesting Israel and Hamas to immediately stop fire.

Oil prices increase as no ceasefire agreement is reached in the Gaza Strip

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In the first trading session of the week on March 25 (Vietnam time), oil prices regained momentum in the context of not reaching any more ceasefire agreement in Gaza.

Oil prices fluctuate ahead of expectations of a ceasefire in Gaza

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In the trading session on March 23 (Vietnam time), oil prices fell as the market expected a ceasefire agreement between Israel and Hamas in Gaza to help boost supply.