World oil price today
World oil prices today increased simultaneously. At 10:33, WTI crude oil was at 61.31 USD/barrel, up 0.29 USD/barrel, equivalent to an increase of 0.48%. WTI crude oil closed the previous trading session at 61.02 USD/barrel, opening today's session at 61.33 USD/barrel.
Brent oil was at 64.18 USD/barrel, up 0.27 USD/barrel, equivalent to an increase of 42%. Brent oil closed the previous trading session at 63.91 USD/barrel and opened today's session at 64.15 USD/barrel.
Thus, world oil prices in the first trading session of the week continued to recover, after increasing sharply by more than 4% last week.
Domestic gasoline prices today
On May 12, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 (46 provinces and cities are applying) are as follows:
The above domestic retail price of gasoline and oil has been adjusted according to the price of the Ministry of Finance - Industry and Trade jointly announced in the price management session on the afternoon of May 8, 2025. Accordingly, gasoline products have decreased in price. E5 RON 92 gasoline price decreased by 377 VND/liter, RON 95-III gasoline decreased by 407 VND/liter, diesel decreased by 550 VND/liter, kerosene decreased by 623 VND/liter and mazut decreased by 665 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, May 12, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Diesel 0.05S - II: 800 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 800 VND/liter, applied at Hai Linh warehouse, Hai Phong; Diesel 0.05S - II: 650 VND/liter, applied at Bac Ninh warehouse; RON 95 - III gasoline: 650 VND/liter, applied at Bac Ninh warehouse; E5 gasoline: 650 VND/liter, applied at Dinh Vu warehouse, Petec.
Tu Luc Petroleum: Diesel discount 0.05S-II: 800 VND/liter; Diesel 0.001S-V: Out of stock; RON 95 - III gasoline: 800; E5 gasoline: 750 VND/liter.
MIPEC Petroleum: RON 95 - III gasoline discount: 850 VND/liter; E5 gasoline: 700 VND/liter; Diesel 0.05S-II: 900 VND/liter. Applicable to the Northern region.
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 increase.
Of which, gasoline price is forecast to increase by about 300-400 VND/liter; Diesel oil increases by about 200-300 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.
