Gasoline
World oil price increases by more than 5 USD
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Tight supply has overcome concerns about economic recession, pushing world oil prices up more than 5 USD in the trading session on July 19 (Vietnam time).
World oil prices are red, below the 100 USD/barrel mark
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In contrast to the increase at the end of the previous trading session, world oil prices started the new week in red as concerns about a global economic recession and a decline in demand were still haunted.
World oil price fluctuations week
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World oil prices have experienced a week of continuous increases and decreases in trading sessions due to concerns about economic recession and the risk of supply decline.
World oil prices increase slightly again
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In the trading session on July 15 (Vietnam time), world oil prices increased slightly again in the context of the market expecting the US interest rate increase to prevent the escalation of inflation. However, this could limit oil demand.
World oil prices continue to decline
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In the trading session on July 14 (Vietnam time), world oil prices were still "anchored" below the 100 USD/barrel mark after information about oil reserves and inflation in the US increased sharply.
World oil prices drop sharply, below below 100 USD/barrel
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In the trading session on July 13 (Vietnam time), world oil prices plummeted due to the strong increase in the value of the USD and concerns about the prospect of weaker oil consumption demand.
World oil prices continue to decrease
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In the trading session on July 12 (Vietnam time), world oil prices continued to plummet in the context of a decrease in market demand due to the widespread COVID-19 pandemic in China and concerns about tight supply.
World oil prices continue to increase strongly
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In the trading session on July 9 (Vietnam time), world oil prices continued to increase by more than 2% in the context of the market worrying about a global economic recession.
World oil prices drop sharply, down to 12-week low
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In the trading session on July 7 (Vietnam time), world oil prices continued to decrease by about 4%, down to a 12-week low due to concerns about economic recession.
Worry about economic recession pushing world oil prices down
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In the trading session on July 6 (Vietnam time), world oil prices fell sharply due to growing concerns about the global recession and the COVID-19 blockade in China that could reduce demand.
World oil price increases by more than 2 USD
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In the trading session on July 5 (Vietnam time), Brent oil price increased by 2.1 USD to 112.7 USD/barrel. At the same time, WTI oil prices also increased by 2 USD to 108.4 USD.
World oil prices drop slightly
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In the trading session on July 4 (Vietnam time), world oil prices all decreased slightly in the context of market concerns about weakening consumption demand and the G7 countries may have to price Russian oil at 50% compared to the current level.
World oil price mixed week
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The risk of economic recession and tightening supply caused oil prices to increase and decrease in different directions last week. Of which, Brent oil has decreased by about 1.3%, while US WTI crude oil has increased by 0.8%.
World oil price increases by more than 2 USD/barrel at the end of the week
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In the trading session on July 2 (Vietnam time), world oil prices increased by more than 2 USD in the context of the market increasingly worried about supply.
World oil prices fall after OPEC+'s decision
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At the trading session on July 1 (Vietnam time), world oil prices decreased after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced that it would maintain the policy of increasing oil production planned for August.