World oil prices today
At the end of a trading week, WTI crude oil was at 61.07 USD/barrel last weekend, increasing to 65.21 USD/barrel this weekend. Overall last week, WTI oil increased by 4.14 USD/barrel, equivalent to an increase of 6.8% compared to the previous week.
Brent oil was at 65.88 USD/barrel last weekend, up to 69.32 USD/barrel this weekend. Overall last week, Brent oil increased by 3.44 USD/barrel, equivalent to an increase of 5.2% compared to the previous week.
Thus, world gasoline and oil prices surged last week, reaching the highest level in about 5 months.
Domestic gasoline prices today
On February 1st, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:
The retail price of gasoline and oil in the country mentioned above will be adjusted by the inter-ministry of Industry and Trade - Finance from 3 pm on January 29, 2025.
Accordingly, E5RON92 gasoline increased by 56 VND/liter; RON95 gasoline increased by 214 VND/liter; diesel oil increased by 473 VND/liter; kerosene increased by 226 VND/liter; mazut oil increased by 761 VND/kg.
Gasoline and oil discount today
The discount rates for gasoline and oil products today, February 1st, 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: 200 VND/liter; Gasoline RON 95 - III: 400 VND/liter.
+ Bac Ninh Warehouse: Diesel oil 0.05S: 50 VND/liter; Gasoline RON 95 - III: 250 VND/liter.
+ Nghi Son Warehouse: Diesel oil 0.05S: 200 VND/liter; Gasoline RON 95 - III: 400 VND/liter.
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel oil 0.05S - II: 50 VND/liter;
+ Diesel oil 0.001S-V: 50 VND/liter;
+ RON 95 - III gasoline: 400 VND/liter;
+ E5 gasoline: 400 VND/liter.
- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):
+ RON 95 - III gasoline: 400 VND/liter.
+ Diesel oil 0.05S-II: 400 VND/liter.
+ Diesel oil 0.05S: 100 VND/liter.
Domestic gasoline and oil price forecast for the next 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.
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.
