World oil price today
World oil prices continue to decline today. At 10:22, WTI crude oil was at 62.41 USD/barrel, down 0.29 USD/barrel, equivalent to a decrease of 0.45%. WTI oil closed the previous trading session at 62.70 USD/barrel and opened today's session at 62.55 USD/barrel.
Brent oil was at 66.33 USD/barrel, down 0.27 USD/barrel, equivalent to a decrease of 0.41%. Brent oil closed the previous trading session at 66.60 USD/barrel and opened the weekend session at 66.44 USD/barrel.
Thus, world oil prices turned down after yesterday's strong recovery session. At the end of the first trading session of the week, WTI oil and Brent oil suddenly increased sharply after consecutive price reductions, increasing by 1.14% and 0.99%, respectively.
Domestic gasoline prices today
On August 19, 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 August 14.
Accordingly, gasoline prices have decreased simultaneously. E5RON92 gasoline price decreased by 254 VND/liter, RON95-III gasoline decreased by 190 VND/liter, diesel decreased by 723 VND/liter, kerosene decreased by 640 VND/liter, mazut decreased by 379 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, August 19, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,500 VND/liter; RON 95 - III gasoline: 1,250 VND/liter; Bac Ninh warehouse: Diesel 0.05S - II: 1,350 VND/liter; RON 95 - III gasoline: 1,100; Nghi Son warehouse: Diesel 0.05S - II: 1,500 VND/liter, RON 95 - III gasoline: 1,300 VND/liter; Dinh Vu warehouse, Petec: E5 RON 92: 1,150 VND/liter; RON 95 - III gasoline: 1,200 VND/liter.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,450 VND/liter; Diesel 0.001S-V: Out of stock; RON 95 - III gasoline: 1,250 VND/liter; E5 gasoline: 1,200 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: 1,200 VND/liter; Diesel 0.05S-II: 1,000 VND/liter; Diesel 0.05S: 1,600. 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 adjust in opposite directions in the direction of increasing gasoline prices and decreasing oil prices.
Of which, RON 95 - III gasoline price is forecast to increase by about 270 VND/liter; E5 RON 92 - II gasoline increases by about 190 VND/liter; Diesel oil decreases by about 260 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.
