Gasoline and oil prices today, January 11: Sharp increase

World gasoline prices today

At the end of a week of trading, WTI crude oil was at 57.32 USD/barrel last weekend, up to 59.12 USD/barrel this weekend. Overall last week, WTI oil increased by 1.8 USD/barrel, equivalent to an increase of 3.1% compared to the previous week.

Brent oil was at 60.75 USD/barrel last weekend, up to 63.34 USD/barrel this weekend. Overall last week, Brent oil increased by 2.59 USD/barrel, equivalent to an increase of 4.3% compared to the previous week.

Thus, in the past week, world gasoline and oil prices have recovered significantly.

Domestic gasoline prices today

On January 11, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:

The above-mentioned domestic retail gasoline and oil prices are adjusted by the inter-Ministry of Industry and Trade - Finance from 3 pm on January 8, 2025.

Accordingly, E5RON92 gasoline decreased by 278 VND/liter; RON95 gasoline decreased by 89 VND/liter; diesel oil decreased by 2 VND/liter; kerosene decreased by 15 VND/liter; mazut oil decreased by 37 VND/kg.

Gasoline discounts today

The discount rates for gasoline and oil products today, January 11, at some domestic gasoline and oil businesses are as follows:

- Hoang Trong General Trading Co., Ltd.:

+ Hai Linh warehouse, Hai Phong: Diesel oil 0.05S - II: 600 VND/liter; RON 95 - III gasoline: 700 VND/liter.

+ Bac Ninh warehouse: Diesel oil 0.05S - II: 450 VND/liter; gasoline RON 95 - III: 550 VND/liter.

+ Nghi Son Refinery: Diesel 0.05S - II: 650 VND/liter; RON 95 - III gasoline: 750 VND/liter

- Tu Luc Petroleum Joint Stock Company 1:

+ Diesel 0.05S - II: 600 VND/liter;

+ Diesel 0.001S-V: Out of stock

+ RON 95 - III gasoline: 700 VND/liter;

+ E5 gasoline: 700 VND/liter.

- MIPEC - MIPEC Petro Trading and Trading Co., Ltd. (applied to the Northern region):

+ RON 95 - III gasoline: 600 VND/liter.

+ Diesel 0.05S-II: 500 VND/liter.

+ Diesel 0.05S: 300 VND/liter.

Forecast of domestic gasoline and oil prices in the coming period

According to a representative of a gasoline and oil business, domestic gasoline and oil prices will fluctuate according to the world gasoline and oil situation. According to current market developments, it is predicted that in the next price adjustment period, retail gasoline and oil prices may increase slightly.