World oil prices
World oil price decrease week
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World oil prices continued to decline for another week with Brent down about 0.2% and US WTI crude oil down 0.1%.
World oil price increases by more than 3 USD
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In the trading session on September 10 (Vietnam time), world oil prices increased by more than 3 USD due to the impact of actual supply cuts and the threat of supply continuing to be tightened in the future.
World oil prices continue to decrease
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In the trading session on September 9 (Vietnam time), world oil prices continued to decrease in the context that the US is considering releasing more crude oil from strategic reserves.
World oil prices drop sharply
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In the trading session on September 8 (Vietnam time), world oil prices fell sharply, lower than before the Russia-Ukraine conflict when data from the two major economies in the world, the US and China, showed signs of weakening, leading to concerns that oil consumption demand will decline.
World oil prices plummet
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In the trading session on September 7 (Vietnam time), world oil prices reversed their upward momentum, plummeting by about 3% as the market continued to worry about the prospect of central banks raising interest rates and the COVID-19 situation in China weakening fuel demand.
World oil prices increase by 3% after OPEC+ news cuts production
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In the trading session on September 6 (Vietnam time), oil prices increased by about 3% when OPEC+ member countries agreed to cut production by 100,000 barrels/day in October to support prices.
World oil prices continue to increase
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In the trading session on September 5 (Vietnam time), world oil prices continued to increase last week when the market learned about a supply shortage due to the G7 decision on Russian oil.
Oil prices plummeted by nearly 8% last week
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This week, Brent and WTI oil prices both fell sharply, with Brent falling by 7.9% and WTI falling by 6.7%.
World oil prices increase slightly
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In the final trading session of the week on September 3 (Vietnam time), world oil prices increased slightly with the expectation that the Organization of the Exporting Countries and its allies (OPEC+) will discuss cutting production at a meeting early next week.
World oil prices continue to fall sharply
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In the trading session on September 2 (Vietnam time), world oil prices continued to decrease by more than 3% as China applied blockade measures to curb the spread of COVID-19.
World oil prices drop sharply
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In the trading session on August 31 (Vietnam time), world oil prices fell nearly 6 USD - the strongest decrease in the past month, due to concerns about reduced fuel demand as major central banks in the world continue to increase interest rates to curb rising inflation.
Oil prices increase by more than 4% ahead of OPEC+'s prospect of cutting supply
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In the trading session on August 30 (Vietnam time), world oil prices increased by more than 4% due to the possibility of producers cutting production and conflicts in Libya.
Oil prices turn red in the first session of the week
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Worried about the global economic downturn causing weak demand, oil prices entered the trading week on August 29 (Vietnam time) and turned down again.
World oil price week increases sharply
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Faced with the possibility that major oil producers may cut production, world oil prices recorded a week of strong price increases with Brent oil increasing by 4.4%, WTI oil increasing by 2.5%.
World oil prices increase
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On August 27 (Vietnam time), world oil prices increased as new data on the US economic situation eased concerns about the risk of recession.