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Proposal to halt crude oil exports to meet domestic processing needs.
Petrovietnam continues to urge the Government to consider stronger measures in managing crude oil supply, including halting exports to prioritize domestic processing needs.
Fuel prices today, June 16th: World oil prices rose nearly 4% this week.
World oil prices ended the week up nearly 4%, marking their biggest weekly gain since April.
Russia's oil revenue increased by 50%.
In May, Russia's oil revenues increased by nearly 50% compared to a year earlier, driven by soaring crude oil prices.
Gasoline and diesel prices are forecast to continue rising tomorrow.
Domestic fuel prices are forecast to increase across the board in tomorrow's price adjustment on January 18th, with gasoline rising by approximately 400-500 VND/liter and diesel by 500 VND/liter/kg.
World oil prices continued their downward trend today.
World oil prices, updated on Oilprice early this morning, November 5th, continue to fluctuate downwards.
Crude oil prices remained stable at the end of the week.
On September 10th, WTI crude oil was trading at $87,51 per barrel, and Brent crude oil was trading at $90,65 per barrel, remaining stable compared to the previous session.
Why are gasoline prices still rising in Vietnam despite falling global oil prices?
Domestic gasoline prices were adjusted upwards on August 21st amidst a downward trend in global oil prices, leaving many people wondering why.
Oil prices rose following OPEC+ decision.
According to RT, the decision by Saudi Arabia and many other oil-exporting countries to cut production has directly impacted world oil prices.
World oil prices fell by 10% in just the first week of 2023.
World crude oil prices fell sharply in early trading sessions in 2023 amid concerns about a global economic recession and a reduction in oil imports by China.
Crude oil prices hit a 10-month low.
In morning trading on November 28 (GMT), Brent crude oil prices fell to $81,20 per barrel, the lowest level in the past 10 months.
Oil investors are 'buying the dip'.
World crude oil prices have recovered from near two-month lows, as concerns about lockdowns in China and proposed price caps on Russian oil have eased somewhat.
The largest oil and gas company will significantly increase its capacity.
Aramco plans to increase its production capacity starting in 2025, aiming to reach 13 million barrels per day by 2027, amidst declining global spare capacity.
Oil prices return to the $100/barrel mark.
World crude oil prices returned to the $100/barrel mark after the US president failed to secure oil and gas commitments during his visit to the Middle East.
World oil prices have reversed course and are rising.
Oil prices plunged this week amid concerns about the risk of a global economic recession, but supply shortages prevented the decline from lasting long.
Oil prices, inflation, and Vietnam
Fluctuations in global oil prices need to be given more attention in controlling inflation in some economies.
World's largest oil port attacked, prices exceed $70 per barrel.
World crude oil prices surged after Houthi forces (Yemen) launched airstrikes on the Ras Tanura oil port in Saudi Arabia.
Oil prices rose again, reaching a two-month high.
Oil prices in Asian markets rose to their highest level since September as investors anticipated the positive impact of COVID-19 vaccines.
US crude oil inventories have risen to unprecedented levels.
US crude oil inventories increased by 5,7 million barrels per week, reaching a historic record of 538,1 million barrels.
Oil prices unexpectedly surged.
The market unexpectedly reversed course following a series of positive news regarding economic recovery and reduced oil supply.
Oil prices rebounded after hitting historically negative levels.
After plummeting to -$40 per barrel on April 21st, the price of US WTI crude oil turned positive again today, April 22nd (Vietnam time).
Oil prices hit record lows: There's no such thing as free gasoline.
US crude oil futures for May delivery on the New York Stock Exchange plummeted to near $0 per barrel, but American consumers will not be able to buy gasoline for free.
Crude oil prices fell below $0 per barrel for the first time in history.
WTI crude oil futures for May delivery on the New York exchange closed last week at $18,27, but ended Monday's session plummeting to negative $37,63 a barrel.
Oil prices surged to a 'peak' after Trump tightened sanctions on Iran.
Oil prices in the US market rose at the start of the week after President Donald Trump imposed new sanctions on Iran.
World oil prices plunged for the fifth consecutive session.
Last week, world oil prices saw five consecutive days of declines, falling by more than 6%, amid concerns about oversupply which prompted investors to sell off to take profits.
Gasoline prices will not increase before the Lunar New Year.
The Ministry of Finance and the Ministry of Industry and Trade announced that, after the allocation and use of the Price Stabilization Fund, the prices of all petroleum products will remain unchanged.
Will gasoline prices increase during the Lunar New Year holiday of 2018?
Gasoline imported from Singapore has increased by $2 per barrel compared to the previous adjustment; however, it is highly likely that gasoline prices will not increase today (February 3rd).
Gasoline prices may rise sharply after the National Day holiday.
Gasoline prices in the US have risen to their highest level in two years, while oil prices in Asian markets are also trading at high levels.
Gasoline prices may increase this afternoon, August 19th.
The average price of refined petroleum products in the Singapore market has remained above $64 per barrel since the last price adjustment on August 4th.
Will gasoline prices increase tomorrow?
According to forecasts, the price of gasoline in Vietnam could increase by up to 600 VND/liter tomorrow (May 5th).
The VSP ship is sinking; the owner of Zalora decides to withdraw his investment from Vietnam.
Immediately after receiving a $399 million investment, the owner of Zalora decided to sell the business and withdraw from Vietnam; Also today, the price of light sweet crude oil in the US closed above $45 per barrel for the first time since November 2015...
