Market
Ensuring energy to promote double-digit growth in Ho Chi Minh City
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Ho Chi Minh City with the goal of double-digit growth is facing the requirement to ensure stable energy supply to maintain development momentum.
Gasoline and oil price forecast in the upcoming operating session
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According to current market developments, it is predicted that in the next price adjustment period, gasoline and oil prices may increase.
Vietnamese longan has a lot of room to enter the Chinese market
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Large market, still wide room... if invested methodically, Vietnamese longan becomes a major commodity in the Chinese market.
Gold prices struggle against oil price waves and interest rate concerns
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Gold prices edged up slightly in the last session of the week but still faced the risk of falling for the second week as strong oil prices weakened expectations of the Fed reducing interest rates.
Pepper prices today 13. 3: Domestic increase, international decrease
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Pepper prices today 13. 3: Domestic pepper prices rise, while international exchanges fall.
Supply concerns cause oil prices to hit new highs
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In the trading session on August 10 (Vietnam time), oil prices continued to increase after data showed that global oil inventories were at an 8-month low.
Concerns about weak demand causing oil prices to reverse and decrease
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In the trading session on August 8 (Vietnam time), oil prices plummeted by more than 1% due to investors' concerns about weak demand from the world's two largest economies, China and the US.
Reduced reserves push oil prices up
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In the trading session on August 2 (Vietnam time), US gasoline reserves fell sharply, "supporting" oil prices to increase. Domestically, yesterday afternoon, gasoline prices were adjusted to the highest increase of VND 1,171/liter.
World oil rises, domestic gasoline prices may reach 25,000 VND/liter
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In the first trading session of the week on July 31 (Vietnam time), Brent and WTI oil prices increased slightly. Domestic gasoline prices are expected to increase by about VND 1,000-1,400/liter (kg) in the operating period tomorrow afternoon (August 1).
Risk of recession decreases, oil prices exceed 84 USD/barrel
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trading session on July 29 (Vietnam time), concerns about a global recession eased after positive economic data pushed world oil prices to a 3-month high.
Increased interest rates cause oil prices to continue to decrease
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In the trading session on July 27 (Vietnam time), oil prices continued to plummet after the US Federal Reserve (Fed) increased interest rates by 25 percentage points.
Exceeding 82 USD/barrel, world oil prices will increase in the second half of the year
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In the trading session on July 25 (Vietnam time), oil prices increased to a nearly 3-month high due to tight supply, increased demand and expectations of China's stimulus measures.
Tight supply pushes oil prices above $80/barrel
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The trading session on July 22 (Vietnam time), due to the risk of a shortage of supply in the coming months, oil prices increased sharply.
Optimistic economic signals make oil prices continue to increase
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In the trading session on July 20 (Vietnam time), oil prices increased slightly in the context of tightening US crude oil supply and committing to restore China's economic growth.
USD increases, causing oil prices to slide to $80/barrel
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In the trading session on July 15 (Vietnam time), oil prices turned down due to the increase of the USD.
Oil prices hit a 10-week high
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The decrease in the USD, high demand expectations while supply decreased pushed oil prices up in the trading session on July 12 (Vietnam time).
World oil prices increase due to tight supply
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In the morning trading session on July 4 (Vietnam time), oil prices increased after leading exporters Saudi Arabia and Russia announced a supply cut in August.
Gasoline price this afternoon may decrease by 300 VND/liter
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In the trading session on July 3 (Vietnam time), world oil prices increased slightly. Domestic gasoline prices are expected to decrease by 100-300 VND/liter (kg).
Market sentiment still weighs on oil prices
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In the trading session on June 26 (Vietnam time), oil prices cut off the downward trend last week, turning around and increasing slightly. However, market sentiment is still an obstacle for oil prices.
Oil prices fell more than 3.5% last week
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Last week, Brent and WTI oil prices both fell more than 3.5% as many central banks around the world continued to raise interest rates, causing the market to worry about the increasing risk of recession.
