According to the plan, the inter-Ministry of Industry and Trade and the Ministry of Finance will announce new retail gasoline and oil prices on January 15.
Import price movements from Singapore show that domestic gasoline and oil prices are likely to rebound.
On the international market, on January 13, oil prices increased by about 3%.
In today's trading session (January 14), world oil prices fluctuated in opposite directions. According to data from Oilprice, at 7:59 AM on January 14 (Vietnam time), Brent oil price was listed at 65.47 USD/barrel, up 2.51%. WTI oil price decreased by 0.1%, to 61.09 USD/barrel.
The reason for the fluctuation in world gasoline prices is concerns about disruption of Iran's crude oil exports, while the possibility of increased supply from Venezuela is not enough to compensate.
Faced with these fluctuations, many businesses predict that domestic gasoline and oil prices in tomorrow's adjustment session (January 15) are likely to be slightly adjusted upwards.
If the operating agency does not affect the gasoline and oil price stabilization fund, domestic gasoline prices will increase from 100-130 VND/liter tomorrow.
Diesel oil prices are likely to be adjusted upwards by about 80 VND/liter.
If as predicted, domestic gasoline prices will reverse to increase tomorrow after 5 consecutive reductions.
Previously, in the adjustment session on November 8, gasoline prices simultaneously decreased compared to the previous week's price adjustment period. In which, E5 RON 92 gasoline priced at 18,233 VND/liter (down 205 VND/liter). RON 95-III gasoline priced at 18,560 VND/liter (down 357 VND/liter).
Prices of oil products fluctuated in opposite directions. Diesel 0.05S priced at 17,061 VND/liter (down 194 VND/liter); kerosene had a new price of 17,559 VND/liter (down 135 VND/liter); mazut oil 180CST 3.5S priced at 13,403 VND/kg (up 58 VND/kg).
