Market

Update on gasoline and oil prices on August 4th: Continue to fall deeply

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Update on gasoline and oil prices on August 4th: World oil prices in today's trading session continued their deep decline.

Retail gas prices today 4.8

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Retail gas prices today, August 4th, of Petrolimex continue to be stable in many areas across the country.

Pepper price today 4.8: Market forecast continues to fluctuate

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Pepper prices today, August 4th: The domestic pepper market is trending in the same direction as the international exchange.

Coffee prices today 4. 8: World Arabica prices plummet

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Coffee price today August 4: Domestic average price is still 96,500 VND/kg. In the world, Arabica decreased sharply, while Robusta only increased very slightly.

Live hog price today 4.8: Continuously decreasing, highest only 63,000 VND/kg

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Live hog prices today continue to decrease in many provinces and cities, fluctuating from 60,000 - 63,000 VND/kg.

Red oil price in the first session of the week

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On October 16 (Vietnam time), oil prices decreased slightly in the context of investors being cautious about the possibility of the conflict between Hamas and Israel affecting oil supply from neighboring countries in the producing region.

Oil prices decrease due to less interrupted supply from the Middle East

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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.

Long-term increase in oil prices due to tight supply

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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.

Oil prices continue to increase due to tight supply

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In the trading session on September 16 (Vietnam time), oil prices continued to increase slightly due to tight supply, along with optimism about China's oil demand.

Oil prices increase, surpassing the mark of 92 USD/barrel

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In the trading session on September 13 (Vietnam time), oil prices increased by nearly 2%, to the highest level since November 2022 due to tight supply while global oil demand continued to grow strongly.

Oil prices continue to plummet in the first trading session of the week

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In the trading session on September 11 (Vietnam time), oil prices decreased as investors were more cautious in the context of the USD increasing rapidly. Domestic gasoline prices are forecast to increase for the 7th time in the range of 100-300 VND/liter (kg).

Oil prices hit highest level since the beginning of 2023, approaching the mark of 90 USD/barrel

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In the trading session on September 4 (Vietnam time), oil prices increased to the highest level since the beginning of the year, mainly due to the expectation of tighter supply.

Strong week of oil prices due to tight supply

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Concerns about tight supply, reduced US oil reserves, and a sluggish USD are the main factors pushing oil prices down this week. Overall, Brent oil prices increased by nearly 5%, WTI oil increased by 7.2%.

Oil prices increase to the highest increase of the week

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In the trading session on August 26 (Vietnam time), oil prices reached the highest level of the week after information about reduced oil and gas reserves in Europe overwhelmed concerns about supply.

Oil prices increase slightly ahead of the Fed meeting

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In the trading session on August 25 (Vietnam time), oil prices recovered in the context of investors cautiously waiting for information at the Jackson Hole Conference to predict interest rate trends in the coming time.

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.