World oil prices
Tight supply in the long term pushes oil prices up
|
In the trading session on October 13 (Vietnam time), oil prices increased when supply was likely to tighten for a long time.
Oil prices continue to plummet after Saudi Arabia's commitment to stabilize the market
|
In the trading session on October 12 (Vietnam time), oil prices continued to plummet by about 2% after Saudi Arabia's commitment to help stabilize the market and increase US oil reserves.
Oil prices decrease due to less interrupted supply from the Middle East
|
In the trading session on October 11 (Vietnam time), oil prices decreased slightly due to concerns about the possibility of supply disruption from the conflict between Israel and the group Hamas.
Oil prices tend to recover
|
Despite an upward trend in the trading session on October 7 (Vietnam time), oil prices are heading for their strongest weekly decline since March 2023, due to concerns that interest rates will remain high, slowing down global growth and fuel demand.
Sharp decline, oil prices slide to $90/barrel
|
In the trading session on October 5 (Vietnam time), oil prices fell sharply after data showed that demand in the market was weakening due to high fuel prices.
Brent oil price will be at nearly 90 USD/barrel in the fourth quarter
|
In the trading session on October 4 (Vietnam time), oil prices increased slightly again in the context of Saudi Arabia increasing oil prices in October 2023 and Russia said that it will maintain the ban on gasoline exports indefinitely.
Oil prices drop as the USD rises
|
In the trading session on October 3 (Vietnam time), oil prices decreased by about 2%, down to a 3-week low due to the strengthening of the USD.
Oil prices regain momentum in the first session of the week
|
In the trading session on October 2 (Vietnam time), oil prices increased slightly again in the context that OPEC+ may continue to maintain its policy of tightening supply.
Oil prices cool down ahead of OPEC+ meeting
|
In the trading session on September 29 (Vietnam time), oil prices turned down in the context of many concerns that high interest rates could affect oil demand.
Reduced US oil inventories cause oil prices to skyrocket
|
In the trading session on September 28 (Vietnam time), oil prices increased after US crude oil inventories fell sharply, adding to concerns about tight global supply.
Oil prices surge due to concerns about tight supply
|
In the trading session on September 27 (Vietnam time), oil prices increased slightly due to tight supply.
Oil prices expected to surpass the 100 USD/barrel mark before the end of the year
|
In the trading session on September 25 (Vietnam time), oil prices were still supported by concerns about tight global supply as we entered the fourth quarter.
Oil prices fluctuate after the Fed's warning of increasing interest rates
|
In the trading session on September 23 (Vietnam time), oil prices fluctuated and recorded the first week of decline in the past 4 weeks, as tight supply overwhelmed concerns about reduced demand due to US interest rate increases.
Oil prices recover due to export ban from Russia
|
In the trading session on September 22 (Vietnam time), oil prices turned to increase due to concerns about tightening supply after Russia's ban on fuel exports.
Long-term increase in oil prices due to tight supply
|
In the trading session on September 20 (Vietnam time), oil prices continued to increase due to the forecast supply deficit increasing as US da production may reach the lowest level in the past 4 months.