World oil prices today
World oil prices simultaneously decreased. At the end of yesterday's trading session (September 17), Brent oil price decreased by 1.01 USD, equivalent to a decrease of 0.95%; WTI oil price decreased by 52 USD, equivalent to 0.5%.
By this morning's session, both oil commodities continued to decline. At 8:12 am (Vietnam time), WTI oil price was at 101.09 USD/barrel, down 0.82 USD/barrel, equivalent to a decrease of 0.80%. WTI oil price closed the previous trading session at 101.91 USD/barrel, and opened today's session at 101.05 USD/barrel.
Brent oil was at 103.95 USD/barrel, down 0.16 USD/barrel, equivalent to a decrease of 0.15%. Brent oil closed the previous trading session at 104.11 USD/barrel, and opened today's session at 104.10 USD/barrel.
World oil prices continued to fall after information that Saudi Arabia supplied more crude oil through Oman, contributing to easing concerns about supply shortages.
Saudi Arabia is making efforts to restore about half of the capacity of the East-West pipeline in the next few days. Infrastructure on this line was damaged after drone attacks last week.
However, the flow of oil tankers through the Strait of Hormuz continues to decrease. Tensions between Saudi Arabia and Houthi forces in Yemen also increase the risk of transportation activities in the Red Sea and energy infrastructure in the region continuing to be disrupted.
Domestic gasoline prices today
On September 18, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:
The above domestic retail gasoline and oil prices are adjusted by Petrolimex according to the inter-ministry of Industry and Trade - Finance's management period from 3:00 PM on September 17.
Domestic gasoline and oil price forecast for the next period
According to a representative of a gasoline and oil business, it is predicted that in the next price adjustment period, retail gasoline and oil prices may increase.
In which:
- E10 gasoline increased by about 600 VND/liter.
- E5 RON 92 - II gasoline increased by about 400 VND/liter.
- Diesel oil increased by about 300 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.
