World oil prices today
World gasoline and oil prices increased slightly. At the end of yesterday's trading session (April 9), WTI and Brent oil prices increased by 3.7% and 1.2% respectively.
By this morning's session, both oil commodities continued to increase. At 7:34 am (Vietnam time), WTI crude oil price was at 98.59 USD/barrel, up 0.72 USD/barrel, equivalent to an increase of 0.74%. WTI oil closed the previous trading session at 97.87 USD/barrel and opened today's session at 98.08 USD/barrel.
Brent oil price was at 96.77 USD/barrel, up 0.37 USD/barrel, equivalent to an increase of 0.38%. Brent oil price closed the previous trading session at 96.40 USD/barrel and opened today's session at 96.39 USD/barrel.
Developments in the Strait of Hormuz are causing world oil prices to fluctuate sharply.
According to analysts, the two-week ceasefire between the US and Iran still contains many risks. Doubts about the sustainability of this agreement increase concerns that energy flows through the Strait of Hormuz continue to be disrupted, thereby putting pressure to push oil prices up.
Previously, in the 8th session on April (Vietnam time), the prices of both oils fell below $100/barrel. WTI oil even recorded the strongest drop since April 2020, thanks to expectations that the ceasefire would help the Strait of Hormuz reopen.
However, the actual effectiveness of the ceasefire is still questionable. The flow of ships through the Strait of Hormuz on Wednesday fell below 10% of the normal level, after Iran affirmed control of the area and warned ships to move within its territorial waters.
Domestic gasoline prices today
On April 10, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:
The above domestic retail gasoline and oil prices are adjusted by the inter-Ministry of Industry and Trade - Finance from 3:30 PM on April 9, 2026.
Accordingly, the price of E5RON92 gasoline decreased by 2,393 VND/liter; RON95 gasoline decreased by 2,993 VND/liter; diesel oil 0.05S decreased by 9,872 VND/liter; mazut oil decreased by 1,658 VND/kg.
Gasoline and oil discount today
- Hoang Trong General Trading Co., Ltd.:
+ Hai Linh, Petec, Dinh Vu Warehouse: Diesel oil 0.05S: 700 VND/liter; RON 95 - III gasoline: 100 VND/liter.
+ Bac Ninh Warehouse: Diesel oil 0.05S: 550 VND/liter; Gasoline RON 95 - III: 0 VND/liter.
+ Nghi Son Warehouse: Diesel oil 0.05S: 700 VND/liter; Gasoline RON 95 - III: 100 VND/liter.
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel oil 0.05S - II: 800 VND/liter;
+ Diesel oil 0.001S-V: 800 VND/liter;
+ RON 95 - III gasoline: 750 VND/liter;
+ E5 gasoline: 750 VND/liter.
- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):
+ RON 95 - III gasoline: 200 VND/liter.
+ Diesel oil 0.05S-II: 1,050 VND/liter.
Proposal to reduce taxes on gasoline and oil to 0 until the end of June
The government proposes to reduce the environmental protection tax on gasoline (excluding ethanol), diesel oil, aviation fuel, kerosene and mazut to 0 VND.
Along with that, gasoline, diesel and aviation fuel are not subject to declaration and payment of value-added tax but are still eligible for input deduction. The special consumption tax rate for all types of gasoline is also proposed to be applied at 0%.
This was made by the Government in the context of the Middle East conflict causing the global energy market, including Vietnam, to be greatly affected, and fuel prices to skyrocket.
If approved by the National Assembly at the first session, this policy will be applied from April 16 to the end of June 30.
Today's gasoline and oil prices are for reference only and may change according to market developments.
Refer to more articles about gasoline and oil prices HERE.
