Gasoline and oil prices today, January 12: Continue to increase

World gasoline prices today

World gasoline and oil prices continue to trend upwards. At 11:23 AM (Vietnam time), WTI crude oil was at 59.21 USD/barrel, up 0.28 USD/barrel, equivalent to an increase of 0.48%. WTI oil closed the previous trading session at 58.94 USD/barrel; and opened today's session at 59.15 USD/barrel.

Brent oil was at 63.41 USD/barrel, up 0.07 USD/barrel, equivalent to an increase of 0.11%. Brent oil closed the previous trading session at 63.34 USD/barrel; and opened today's session at 63.33 USD/barrel.

Domestic gasoline prices today

On January 12, 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, E5 RON92 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 12, 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: 450 VND/liter;

+ Diesel 0.001S-V: 300 VND/liter;

+ RON 95 - III gasoline: 650 VND/liter;

+ E5 gasoline: 600 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.