World gasoline prices today
World gasoline prices in today's trading session, August 16 (Vietnam time), simultaneously decreased. WTI crude oil was at 77.97 USD/barrel, down 0.19 USD/barrel, equivalent to a decrease of 0.24%. WTI crude oil closed the previous trading session at a price of 78.16 USD/barrel, opening today's session at a price of 78.04 USD/barrel.
Brent oil was at 80.92 USD/barrel, down 0.12 USD/barrel, equivalent to a decrease of 0.15%. Brent oil closed the previous session at 81.04 USD/barrel and opened today's session at 80.88 USD/barrel.
World oil prices simultaneously decreased compared to the opening price, but still tended to go up compared to yesterday morning's price. According to experts, the escalating geopolitical conflicts in the Middle East and Russia - Ukraine are also pushing oil prices to fluctuate continuously.
Domestic gasoline prices today
On August 16, retail gasoline prices according to Petrolimex's published price list in regions 1 and 2 (46 provinces and cities are applying) are as follows:
The above mentioned domestic retail gasoline price was adjusted by the Ministry of Finance - Industry and Trade at the price management session on the afternoon of August 15. Accordingly, the price of fuel oil increased the most, 217 VND/kg. Diesel oil increased the least, 89 VND/liter. Two gasoline products E5 RON 92 and RON 95-III increased by 167 VND/liter and 179 VND/liter respectively. Kerosene also increased by 161 VND/liter.
Gasoline discount today
Discounted prices of petroleum products today, August 16, at some domestic petroleum agents are as follows:
Pvoil applies the discount on August 16: Oil discount 1,450 VND/liter; RON 95 - III gasoline: 1,350 VND/liter; E5 gasoline: 1,250 VND/liter. This discount is applied at Pvoil Dinh Vu warehouse, Petec An Hai warehouse, Cai Lan warehouse.
Tu Luc gasoline discount on August 16 is as follows: Oil discount: 1,400 VND/liter; RON 95 - III gasoline: 1,300 VND/liter; E5 gasoline: 1,200 VND/liter.
MIPEC gasoline discount on August 16: 95-III gasoline: 1,100; E5 gasoline: 900; Oil: 1,350 VND/liter.
Forecast of domestic gasoline prices in the coming period
According to a representative of a petroleum business, domestic gasoline prices will fluctuate according to the world petroleum situation. It is forecasted that in the next price management period, gasoline prices may have opposite adjustments.
From the beginning of the year until now, since the price management session on January 4, gasoline prices have increased 17 times and decreased 15 times. Oil products had 16 increases and 16 decreases.
