World oil price today
World oil prices today increased simultaneously. At 11:07 (Vietnam time), WTI crude oil was at 68.60 USD/barrel, up 0.15 USD/barrel, equivalent to an increase of 0.22%. WTI crude oil closed the previous trading session at 68.45 USD/barrel, opening today's session at 68.84 USD/barrel.
Brent oil was at 70.50 USD/barrel, up 0.14 USD/barrel, equivalent to an increase of 0.20%. Brent oil closed the previous trading session at 70.36 USD/barrel and opened today's session at 70.51 USD/barrel.
Thus, world oil prices increased slightly in the first trading session of the week, following the increase from the last session of the week. Analysts predict that world oil prices may increase slightly as demand for summer oil consumption still supports prices.
Domestic gasoline prices today
On July 14, 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 has been adjusted according to the price of the Ministry of Finance - Industry and Trade since 3:00 p.m. on July 10.
Accordingly, E5RON92 gasoline price increased by 214 VND/liter, RON95-III gasoline increased by 184 VND/liter; diesel price increased by 429 VND/liter; kerosene increased by 239 VND/liter; mazut price decreased by 244 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, July 14, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Hai Linh warehouse, Navy: Diesel 0.05S - II: 1,300 VND/liter; RON 95 - III gasoline: 1,250 VND/liter; K99 warehouse: RON 95 - III gasoline: 1,250 VND/liter; Bac Ninh warehouse: Diesel 0.05S - II: 1,150 VND/liter; RON 95 - III sugar: 1,100 VND/liter; Nghi Son warehouse: Diesel 0.05S - II: 1,350 VND/liter, RON 95 - III gasoline: 1,300 VND/liter; Dinh Vu warehouse, Petec: E5 RON 92: 1,200 VND/liter; RON 95 - III sugar: 1,250 VND/liter.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,300 VND/liter; Diesel 0.001S-V: 1,250; RON 95 - III gasoline: 1,300 VND/liter; E5 gasoline: 1,300 VND/liter.
MIPEC Petroleum: RON 95 - III gasoline discount: 950 VND/liter; E5 gasoline: 900 VND/liter; Diesel 0.05S-II: 1,350 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 management period, retail prices of gasoline may have a slight adjustment in the direction of decreasing gasoline prices and increasing oil prices, but the fluctuations are not significant.
In particular, the price of RON 95 - III gasoline is forecast to decrease by about 50 VND/liter; E5 RON 92 - II gasoline decreases by about 60 VND/liter; Diesel increases by about 10 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.
