World oil price today
World oil prices are rebounding strongly. At the end of yesterday's trading session (August 20), WTI and Brent oil prices increased by 1.27% and 1.76%, respectively.
By this morning's session, both oil products continued to recover. At 12:52, WTI crude oil was at 63.10 USD/barrel, up 0.39 USD/barrel, equivalent to an increase of 0.62%. WTI oil closed the previous trading session at 62.71 USD/barrel and opened today's session at 62.92 USD/barrel.
Brent oil was at 67.18 USD/barrel, up 0.34 USD/barrel, equivalent to an increase of 0.51%. Brent oil closed the previous trading session at 75.79 USD/barrel and opened the weekend session at 65.97 USD/barrel.
Domestic gasoline prices today
On August 21, 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 21, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,350 VND/liter; RON 95 - III gasoline: 1,000 VND/liter; Bac Ninh warehouse: Diesel 0.05S - II: 1,200 VND/liter; RON 95 - III gasoline: 1,850; Nghi Son warehouse: Diesel 0.05S - II: 1,400 VND/liter, RON 95 - III gasoline: 1,050 VND/liter; Dinh Vu warehouse, Petec: E5 RON 92: 1,100 VND/liter; RON 95 - III gasoline: 1,100 VND/liter.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,400 VND/liter; Diesel 0.001S-V: Out of stock; RON 95 - III gasoline: 1,100 VND/liter; E5 gasoline: 1,050 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: VND 1,000/liter; Diesel 0.05S-II: VND 1,000/liter; Diesel 0.05S: 1,400. 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 gasoline prices increasing simultaneously and oil prices decreasing.
Of which, RON 95 - III gasoline price is forecast to increase by about 160 VND/liter; E5 RON 92 - II gasoline increases by about 60 VND/liter; Diesel oil decreases by about 230 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.
