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.

Economic recession pressure pushes oil prices to 3-week low

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In the trading session on April 21 (Vietnam time), oil prices plummeted due to concerns about an economic downturn that could reduce fuel demand.

Expectations of reduced interest rates push up oil prices

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In the trading session on April 12 (Vietnam time), oil prices increased by about 2% in the hope that the US Federal Reserve (Fed) could loosen tightening policies after the US inflation report.

Continuing the increase, Brent oil price gradually approaches the 80 USD mark

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In the trading session on March 29 (Vietnam time), oil prices continued to climb in the context of increased demand in China and the crisis of the banking industry temporarily calmed down after many weeks of stress.

The prospect of increased demand drives up oil prices

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In the first trading session of the week on March 27 (Vietnam time), oil prices increased in the context of increased demand prospects, despite concerns about economic recession.

Concerns about economic recession causing oil prices to drop more than 3 USD in a week

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This week, oil prices fell more than 3 USD, affected by economic indicators in the context of traders waiting for clearer signals about China's demand trend.

The decline slows down, oil prices increase after US employment data

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In the trading session on March 11 (Vietnam time), oil prices turned to increase after the US employment data was better than expected. Brent oil prices are moving up to $82/barrel.

Oil prices plummeted due to the possibility of the Fed raising interest rates

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Concerns about the Fed raising interest rates after the Fed Chairman's comments pushed oil prices down in the session on March 8 (Vietnam time). Brent oil price dropped to 82 USD/barrel.

Oil prices maintain upward momentum thanks to optimism about demand

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China's economy recovered, inflation in major economies slowed down, causing oil prices in the trading session on March 6 (Vietnam time) to continue to maintain their upward momentum.

Oil prices regain momentum thanks to expectations of demand recovery

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In the trading session on January 1 (Vietnam time), oil prices regained their upward momentum thanks to the hope of a strong recovery of the Chinese economy. Domestic gasoline prices are expected to decrease slightly in this afternoon's adjustment period, around 300-600 VND/liter (kg).

Pressure of the USD pushes world oil prices down

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Trading session on February 28 (Vietnam time), oil prices reversed and decreased due to the strengthening of the USD and concerns that the Fed will increase interest rates higher than expected

World oil prices fall as the USD strengthens

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In the trading session on February 22 (Vietnam time), world oil prices decreased in the context of the USD index increasing beyond the 104 point mark.

World oil price hits weekly low

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In the trading session on the weekend of February 18 (Vietnam time), oil prices fluctuated strongly due to many information surrounding supply, reserves, demand prospects, etc. Brent oil prices accordingly fell to 82 USD/barrel.

Extending the downward trend, Brent oil prices fell below $86

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In the trading session on February 15 (Vietnam time), information that the US will release crude oil from strategic reserves caused oil prices to plummet. Brent oil prices fell below $86/barrel.

Many new factors cause oil prices to sink into red

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In the trading session on February 6 (Vietnam time), oil prices continued to decline due to concerns about higher interest rate increases by the US Federal Reserve (Fed) in its anti-inflation strategy.

World oil price slides long below the 80 USD/barrel mark

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In the trading session on February 4 (Vietnam time), oil prices plummeted after the US employment data. Brent oil price slides long below the 80 USD/barrel mark