World oil price today
World oil prices are on a sharp decline. At the end of yesterday's trading session (December 9), WTI oil and Brent oil decreased by 0.87% and 0.69%, respectively.
By this morning's session, both oil products traded around the closing price of yesterday's session. At 12:03 (Vietnam time), WTI crude oil price was at 58.33 USD/barrel, up slightly by 0.8 USD/barrel, equivalent to an increase of 0.14%. WTI oil closed the previous trading session at 58.25 USD/barrel and opened today's session at 58.37 USD/barrel.
Brent oil was at 62.01 USD/barrel, up 0.07 USD/barrel, equivalent to an increase of 0.11%. Brent oil closed the previous trading session at 61.94 USD/barrel and opened today's session at 62.12 USD/barrel.
Domestic gasoline prices today
On December 10, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 are as follows:
The above domestic retail price of gasoline and oil was adjusted by the Ministry of Industry and Trade - Ministry of Finance from 3:00 p.m. on December 4.
Accordingly, gasoline prices increased by 400-500 VND/liter; oil prices decreased by 52-580 VND/liter. Specifically, E5RON92 gasoline price increased by 534 VND/liter, RON95-III gasoline increased by 451 VND/liter, diesel decreased by 420 VND/liter, kerosene decreased by 580 VND/liter and mazut decreased by 52 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, December 10, at some domestic gasoline trading enterprises are as follows:
- Hoang Trong General Trading Company Limited:
+ Petec warehouse, Dinh Vu: Diesel 0.05S - II: 1,000 VND/liter; RON 95 - III gasoline: 1,150 VND/liter.
+ Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,000 VND/liter; RON 95 - III gasoline: 1,150 VND/liter.
+ Bac Ninh warehouse: Diesel 0.05S - II: 850 VND/liter; RON 95 - III gasoline: 1,000 VND/liter.
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel 0.05S - II: 1,000 VND/liter;
+ Diesel 0.001S-V: 1,700 VND/liter;
+ RON 95 - III gasoline: 1,200 VND/liter;
+ E5 gasoline: 1,200 VND/liter.
- MIPEC Petro Petroleum Trading Company Limited (applicable to the Northern region):
+ RON 95 - III gasoline: 1,100 VND/liter.
+ Diesel 0.05S-II: 900 VND/liter.
+ Diesel 0.05S: 1,100 VND/liter.
Forecast of domestic gasoline prices in the coming period
According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may decrease.
Of which, RON 95 - III gasoline price is forecast to decrease by about 290 VND/liter; E5 RON 92 - II gasoline decreases by about 80 VND/liter; Diesel oil decreases by about 50 VND/liter.
Today's gasoline and oil prices are for reference only and may change according to market developments.
Refer to more articles on gasoline prices HERE.
