World oil prices today
World oil prices increased sharply in today's trading session, September 10 (Vietnam time). WTI crude oil was at 68.67 USD/barrel, down 0.04 USD/barrel, equivalent to a decrease of 0.06%. WTI crude oil closed the previous trading session at 68.71 USD/barrel, opening today's session at 68.75 USD/barrel.
Brent crude oil was at $71.88 a barrel, up $0.04 a barrel, or 0.06 percent. Brent crude oil closed the previous session at $71.84 a barrel and opened today at $71.97 a barrel.
Thus, after consecutive sharp declines, world oil prices increased sharply in the first trading session of the week.
Oil and gas producers along the U.S. Gulf Coast have begun evacuating staff and limiting drilling operations in preparation for Tropical Storm Francine as it moves through the Gulf of Mexico, Reuters reported. The U.S. Energy Information Administration said the Gulf Coast accounts for about 50% of the country’s refining capacity.
Domestic gasoline prices today
On September 10, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 (46 provinces and cities currently applying) are as follows:
The above domestic retail prices of gasoline and oil were adjusted by the Ministry of Finance - Industry and Trade in the price management session on the afternoon of September 5. Accordingly, the price of E5 RON 92 gasoline decreased by 353 VND/liter, RON 95-III gasoline decreased by 282 VND/liter, diesel oil decreased by 385 VND/liter, kerosene decreased by 341 VND/liter. The price of fuel oil decreased the most, by 407 VND/kg.
Gasoline discount today
Discount prices of petroleum products today, September 10, at some domestic petroleum dealers are as follows:
PV Oil discounts on September 10 as follows: Oil discount: 1,850 VND/liter; RON 95 - III gasoline: 1,750 VND/liter; E5 gasoline: 1,450 VND/liter.
Tu Luc Petroleum discounts on September 10 as follows: Oil discount: 1,800 VND/liter; RON 95 - III gasoline: 1,700 VND/liter; E5 gasoline: 1,400 VND/liter.
MIPEC gasoline discount on September 10: RON 95 - III discount: 1,800 VND/liter; E5 gasoline: 1,500 VND/liter; oil: 2,050 VND/liter.
Forecast of domestic gasoline prices next 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, petroleum prices may decrease sharply. Of which, gasoline prices may decrease by 900 - 1,000 VND/liter; oil prices decrease by about 600 VND/liter.
Since the beginning of the year, since the price adjustment session on January 4, gasoline prices have increased 17 times and decreased 18 times. Oil prices have increased 16 times and decreased 19 times.
