World oil price today
World oil prices today increased simultaneously. At 12:39, WTI crude oil was at 68.29 USD/barrel, up 0.22 USD/barrel, equivalent to an increase of 0.32%. WTI crude oil closed the previous trading session at 68.07 USD/barrel, opening today's session at 68.35 USD/barrel.
Brent oil was at 72.17 USD/barrel, up 0.17 USD/barrel, equivalent to an increase of 0.24%. Brent oil closed the previous trading session at 72.00 USD/barrel and opened today's session at 72.38 USD/barrel.
Thus, world oil prices are on the rise. At the end of the trading session on March 20, Brent and WTI oil prices increased by 1.72% and 1.64%, respectively. The increase continued in this morning's session.
According to Reuters, on March 20, the US imposed new sanctions related to Iran, targeting an independent Chinese refinery and crude oil tankers for processing facilities. China is currently Iran's largest oil importer.
This is Washington's fourth round of sanctions on Iran's oil exports since US President Donald Trump announced in February that he would restart a "maximum pressure" campaign, aiming to bring Iran's oil exports to zero. According to the report, Iran is producing more than 3 million barrels of crude oil per day.
Analysts said that this new sanction is an important catalyst, creating momentum to push up oil prices.
Domestic gasoline prices today
On March 21, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 (46 provinces and cities are applying) are as follows:
The above domestic retail price of gasoline and oil was adjusted by the Ministry of Finance - Industry and Trade in the price management session on the afternoon of March 21, 2025. Accordingly, gasoline prices have increased simultaneously.
E5 RON 92 gasoline price increased by VND 414/liter, RON 95-III gasoline increased by VND 438/liter, kerosene increased by VND 28/liter, diesel decreased by VND 5/liter, mazut decreased by VND 40/kg.
Today's gasoline discounts
The discount levels of gasoline products today, March 21, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Diesel 0.05S - II: 1,200 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 1,150 VND/liter, applied at Hai Linh warehouse, Hai Phong; Diesel 0.05S - II: 1,050 VND/liter, applied at Bac Ninh warehouse; E5 gasoline: 1,050 VND/liter at Dinh Vu warehouse, Petec.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,250 VND/liter; Diesel 0.001S-V: 1,000; RON 95 - III gasoline: 1,200; E5 gasoline: 1,100 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: VND 1,000/liter; E5 Petroleum: VND 900/liter; Diesel 0.05S-II: VND 1,250/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 price adjustment period this afternoon, gasoline prices may increase slightly.
In particular, the price of RON 95 - III gasoline is forecast to increase by about 60 VND/liter; E5 gasoline increases by about 60 VND/liter; Diesel increases by about 160 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.
