On the morning of September 27, oil prices continued to increase, Brent crude oil increased by 0.71 USD, equivalent to 1.02%, to 70.13 USD/barrel; while WTI crude oil price also increased by 0.74 USD, equivalent to 1.14%, to 65.72 USD/barrel. Both types of oil recorded the strongest increase since mid-June.
Thus, for the whole week, the price of US WTI oil is estimated to increase by nearly 4%, and Brent oil increased by nearly 3.3%.
Analysts say one of the reasons for the rise in oil prices is Ukraine’s drone attacks on Russia’s energy infrastructure, which have disrupted its fuel exports. Meanwhile, Russia is also planning to impose a partial ban on diesel exports until the end of the year, while extending the current ban on gasoline exports.
World oil prices increased sharply this week (PHOTO: REUTERS)
The reduction in refining capacity has caused some regions of Russia to suffer from fuel shortages. In addition, the US is also pressuring its allies to reduce oil imports from Russia. In the immediate future, India and Türkiye will partially cut their oil imports from Russia. Analysts say that if oil supplies from Russia to China and India are disrupted, these two countries will also have to find alternative sources.
All of this is helping oil prices get back on track.
However, oil prices were held back by a possible increase in supply as Kurdistan said it would resume oil exports and US GDP in the third quarter rose more than expected.
In the Asian market, the increase in world oil prices has affected the price of finished products in this market. It is estimated that world oil prices are higher than domestic prices. It is forecasted that domestic prices may increase sharply next week, in which the increase in oil prices is higher than the increase in gasoline prices./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-xang-dau-hom-nay-2792025-tuan-tang-4-185250927084826673.htm
Source: https://baolongan.vn/gia-xang-dau-hom-nay-27-9-tuan-tang-4--a203283.html
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