World oil prices

| 12/12/2023 - 08:23

In the trading session on December 12 (Vietnam time), oil prices increased slightly before the information that the US Department of Energy will take advantage of lower oil prices to start adding strategic reserves.

| 11/12/2023 - 08:23

Oil prices started the new week in the session on December 11 (Vietnam time) with Brent and WTI oil both increasing slightly. However, both oil products are still quite far from the $80/barrel mark.

| 10/12/2023 - 07:34

Recorded for the 7th consecutive week of decline, oil prices this week marked the longest weekly decline in half a decade.

| 08/12/2023 - 08:26

The trading session on December 8 (Vietnam time), although slightly increased, oil prices are still heading for the 7th week of decline as they have always maintained a downward momentum since OPEC+ announced production cuts.

| 07/12/2023 - 07:51

In the trading session on December 7 (Vietnam time), oil prices fell sharply due to concerns about weak demand in major markets. Domestic gasoline prices are expected to decrease by about 300-500 VND/liter (kg) this afternoon.

| 06/12/2023 - 08:42

In the trading session on December 6 (Vietnam time), world oil prices continued to be under pressure to decrease as the market increasingly worried about increased supply, while demand remained low.

| 05/12/2023 - 07:34

In the trading session on December 5 (Vietnam time), oil prices decreased by more than 1% in the context of traders worried about OPEC+'s production cuts in the first quarter of 2024.

| 02/12/2023 - 08:11

In the trading session on December 2 (Vietnam time), oil prices continued to decrease by more than 2% due to market caution with the latest output cut by OPEC+ and stagnant production activities in the world.

| 01/12/2023 - 07:22

In the trading session on December 1 (Vietnam time), oil prices decreased by more than 2% after OPEC+ producers agreed to cut production in the first quarter of 2024. This cut will be announced by each member instead of the entire group.

| 30/11/2023 - 07:19

In the trading session on November 30 (Vietnam time), oil prices continued to increase in the context that investors expected OPEC+ to cut supply. Domestic gasoline prices are expected to increase and decrease in different directions.

| 29/11/2023 - 10:08

The possibility of OPEC+ extending or cutting supply further and the weak USD are factors that pushed oil prices up in the trading session on November 29 (Vietnam time).

| 28/11/2023 - 07:30

In the trading session on November 28 (Vietnam time), oil prices continued to decline in the context of investors being cautious before the OPEC+ meeting on limiting supply until 2024.

| 27/11/2023 - 07:17

In the first trading session of the week on November 27 (Vietnam time), oil prices continued to plummet right before the OPEC+ meeting. Brent oil prices retreated to nearly 80 USD/barrel.

| 25/11/2023 - 07:30

In the trading session on November 25 (Vietnam time), oil prices maintained their decline ahead of the OPEC+ meeting at the end of the month to make a decision to adjust production in 2024.

| 24/11/2023 - 07:28

In the trading session on November 24, oil prices fell by about 1% because they expect OPEC+ not to cut production further next year after the producer group postponed the policy meeting scheduled for this weekend.