World oil price today
World oil prices turned down slightly after the previous strong increase. At the end of yesterday's trading session (December 10), WTI oil and Brent oil increased by 1.22% and 1.16%, respectively.
By this morning's session, both oil products had turned to decrease slightly. At 10:42 (Vietnam time), WTI crude oil price was at 58.44 USD/barrel, down slightly by 0.02 USD/barrel, equivalent to a decrease of 0.03%. WTI oil closed the previous trading session at 58.46 USD/barrel and opened today's session at 58.90 USD/barrel.
Brent oil was at 62.15 USD/barrel, down 0.06 USD/barrel, equivalent to a decrease of 0.10%. Brent oil closed the previous trading session at 62.21 USD/barrel and opened today's session at 62.66 USD/barrel.
Domestic gasoline prices today
On December 11, 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 11, at some domestic gasoline trading enterprises are as follows:
- Hoang Trong General Trading Company Limited:
+ Petec warehouse, Dinh Vu: Diesel 0.05S - II: 1,100 VND/liter; RON 95 - III gasoline: 1,200 VND/liter.
+ Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,150 VND/liter; RON 95 - III gasoline: 1,250 VND/liter.
+ Bac Ninh warehouse: Diesel 0.05S - II: 1,000 VND/liter; RON 95 - III gasoline: 1,100 VND/liter.
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel 0.05S - II: VND1,150/liter;
+ Diesel 0.001S-V: Out of stock
+ RON 95 - III gasoline: 1,300 VND/liter;
+ E5 gasoline: 1,250 VND/liter.
- MIPEC Petro Petroleum Trading Company Limited (applicable to the Northern region):
+ RON 95 - III gasoline: 1,300 VND/liter.
+ Diesel 0.05S-II: 1,000 VND/liter.
+ Diesel 0.05S: 1,150 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.
In particular, the price of RON 95 - III gasoline is forecast to decrease by about 370 VND/liter; E5 RON 92 - II gasoline decreases by about 210 VND/liter; Diesel oil decreases by about 220 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.
