Market
Update on gasoline and oil prices on June 13: World oil prices fall by more than 6%
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Update on gasoline and oil prices on June 13: In the past week, WTI oil prices decreased by 6.25%, Brent oil prices decreased by 6.19%.
Update on gasoline and oil prices 13.6: Deep decrease thanks to expectations of US - Iran reaching an agreement on Hormuz
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Gasoline and oil prices on June 13: At the end of the last trading session of the week, world oil prices fell sharply. In which, WTI oil price decreased by 3.23%; Brent oil decreased by 3.37%.
Coffee price today 13. 6: Continues to rebound by 2,000 VND/kg
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Coffee prices today, June 13th, increased sharply in the domestic market, while Robusta and Arabica prices in the world both went up.
Retail gasoline and oil prices today 13. 6
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Retail gasoline and oil prices today, June 13, at the Military Petrochemical Joint Stock Company (MIPEC) system continue to be applied according to the adjustment level from the operating period on June 11.
Pepper price today 13. 6: Staying firm in the price range
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Pepper price today 13. 6: Domestic pepper market maintains the price range, while international exchanges adjust to increase.
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.
Increased interest rates cause oil prices to drop dramatically
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In the trading session on June 23 (Vietnam time), oil prices were affected by the UK Central Bank's higher-than-expected interest rate increase, raising concerns about the economy and fuel demand.
Oil prices continue to decline ahead of the Fed meeting
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On June 13 (Vietnam time), oil prices fell sharply ahead of the Federal Reserve's monetary policy meeting on June 13-14 to discuss whether to increase or keep interest rates unchanged.
Oil prices reverse to increase due to supply concerns
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In the trading session on June 8 (Vietnam time), oil prices increased by about 1% when news of Saudi Arabia's plans to cut production further compensated for difficulties in demand from US fuel reserves and weak export data from China.
Loss of optimism about the US debt ceiling agreement, oil prices continue to increase
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In the trading session on June 3 (Vietnam time), world oil prices continued to increase in the context of investors being optimistic after the US debt ceiling bill was passed.
Oil prices continue to increase as supply tightens
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In the trading session on May 25 (Vietnam time), oil prices continued to increase as the market received information about US crude oil reserves unexpectedly falling sharply and warnings from the Saudi Arabian Energy Minister increased the possibility of OPEC+ cutting production.