World oil price today
At the end of a trading week, WTI crude oil was at 69.75 USD/barrel last weekend, slightly increasing to 60.09 USD/barrel this weekend. Overall last week, WTI oil increased by 0.34 USD/barrel, down 0.6% compared to last week.
Brent oil was at 63.63 USD/barrel last weekend, increasing to 64.39 USD/barrel this weekend. Overall last week, Brent oil increased by 0.76 USD/barrel, equivalent to an increase of 1.2% compared to last week.
Over the past week, oil prices were affected by main factors such as: OPEC+ agreed to slightly increase oil production in December 2025 and temporarily suspend oil production in the first quarter of 2026; US sanctions on Russian oil; Russia-Ukraine military conflict continues...
Domestic gasoline prices today
On November 16, 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 November 13.
Accordingly, E5RON92 gasoline price increased by 162 VND/liter, RON95-III gasoline increased by 160 VND/liter, diesel increased by 541 VND/liter, kerosene increased by 540 VND/liter and mazut decreased by 246 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, November 16, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Petec warehouse, Dinh Vu: Diesel 0.05S - II: 1,450 VND/liter; RON 95 - III gasoline: 1,200 VND/liter. Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,550 VND/liter; RON 95 - III gasoline: 1,200 VND/liter. Bac Ninh warehouse: Diesel 0.05S - II: 1,400 VND/liter; RON 95 - III gasoline: 1,050 VND/liter. Nghi Son warehouse: Diesel 0.05S - II: 1,600 VND/liter; RON 95 - III gasoline: 1,250 VND/liter.
Tu Luc Petroleum: Discount on Diesel 0.05S-II: 1,500 VND/liter; Diesel 0.001S-V: 1,400 VND/liter; RON 95 - III gasoline: 1,250 VND/liter; E5 gasoline: 1,250 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: 1,200 VND/liter; Diesel 0.05S-II: 1,100 VND/liter; Diesel 0.05S: 1,500 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 decrease.
Of which, the price of RON 95 - III gasoline is forecast to decrease by about 170 VND/liter; E5 RON 92 - II gasoline decreases by about 100 VND/liter; Diesel oil decreases by about 280 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.
