Gasoline and oil prices today 16: 4th: 18% reduction in 10 days

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Gasoline and oil prices today 16: 4: World oil prices continue to fluctuate. WTI oil price decreased to the mark of 90 USD/barrel; Brent oil to the mark of 94 USD/barrel.

World oil prices today

World gasoline and oil prices continue to record notable fluctuations. At the end of yesterday's trading session (April 15), WTI and Brent oil prices increased by 0.01% and 0.15% respectively.

By this morning's session, both oil commodities reversed to decrease. At 8:21 am (Vietnam time), WTI crude oil price was at 90.92 USD/barrel, down 0.37 USD/barrel, equivalent to a decrease of 0.41%. WTI oil closed the previous trading session at 91.29 USD/barrel and opened today's session at 91.31 USD/barrel.

Brent oil price was at 94.65 USD/barrel, down 0.25 USD/barrel, equivalent to a decrease of 0.26%. Brent oil price closed the previous trading session at 94.90 USD/barrel and opened today's session at 94.91 USD/barrel.

Thus, in the past 10 days, from April 6 to April 16, 2026, world oil prices fluctuated strongly in a downward trend, with WTI oil decreasing by about 18.5% and Brent oil decreasing by about 13.2%.

According to analysts, the world gasoline and oil market is in a state of "trance" as supporting and hindering factors intertwine. Concerns about supply disruptions remain, amid signs of cooling tensions between the US and Iran.

45 days after the Iranian Islamic Revolutionary Guard Corps announced the closure of the Hormuz Strait – a strategic transportation route accounting for about 20% of global oil and natural gas (LNG) flow – the volume of ships passing through this area remains very low, only a small part compared to more than 130 trips/day before the conflict broke out.

The disruption of supply in the Middle East is creating great pressure on the global market. At the same time, US blockades of ships leaving Iranian ports continue to paralyze the country's maritime transport activities.

However, some positive signs have appeared as the number of oil tankers passing through the Strait of Hormuz began to increase again, although the total flow is still significantly lower than normal.

Domestic gasoline prices today

On April 16, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:

Giá xăng dầu trong nước ngày 16.4 theo bảng giá công bố của Petrolimex
Domestic gasoline and oil prices on April 16 according to the price list announced by Petrolimex

The above domestic retail gasoline and oil prices are adjusted by the inter-Ministry of Industry and Trade - Finance from 0:00 on April 16, 2026.

Gasoline and oil discount today

- Hoang Trong General Trading Co., Ltd.:

+ Hai Linh Warehouse, Petec, Dinh Vu, K99: Diesel Oil 0.05S: 1,050 VND/liter; RON 95 - III gasoline: 900 VND/liter.

+ Bac Ninh Warehouse: Diesel Oil 0.05S: 950 VND/liter; RON 95 - III gasoline: 750 VND/liter.

+ Nghi Son Warehouse: Diesel Oil 0.05S: 1,050 VND/liter; RON 95 - III gasoline: 900 VND/liter.

- Tu Luc Petroleum Joint Stock Company 1:

+ Diesel oil 0.05S - II: 1,000 VND/liter;

+ Diesel oil 0.001S-V: 1,000 VND/liter;

+ RON 95 - III gasoline: 700 VND/liter;

+ E5 gasoline: 700 VND/liter.

- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):

+ RON 95 - III gasoline: 200 VND/liter.

+ Diesel oil 0.05S-II: 1,700 VND/liter.

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.

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