World oil prices today
World gasoline and oil prices at the end of yesterday's trading session (April 22), WTI and Brent oil prices increased by 3.67% and 3.48% respectively.
By this morning's session, both oil commodities continued the upward trend. At 7:16 am (Vietnam time), WTI crude oil price was at 96.54 USD/barrel, up 3.58 USD/barrel, equivalent to an increase of 3.85%. WTI oil closed the previous trading session at 92.96 USD/barrel and opened today's session at 92.69 USD/barrel.
Brent oil price was at 105.64 USD/barrel, up 3.86 USD/barrel, equivalent to an increase of 3.79%. Brent oil price closed the previous trading session at 101.78 USD/barrel and opened today's session at 101.79 USD/barrel.
According to analysts, world gasoline prices surged sharply as the market reacted to inventory data in the US, in which the amount of gasoline and distillate products fell much deeper than forecast. At the same time, increased tensions in the Strait of Hormuz after gunings targeting container ships also raised concerns about supply, in the context of deadlock in peace negotiations between the US and Iran.
Data from the US Energy Information Administration (EIA) shows that in the week ending April 17, crude oil inventories increased by 1.9 million barrels, to 465.7 million barrels. Conversely, gasoline inventories decreased sharply by 4.6 million barrels, to 228.4 million barrels, much higher than the decrease of 1.5 million barrels forecast by analysts. Distillate inventories also decreased by 3.4 million barrels, to 108.1 million barrels, exceeding the forecast of a decrease of 2.5 million barrels.
Geopolitical factors continue to increase pressure on oil prices, as the Hormuz Strait - the route that transports about 20% of global oil and liquefied gas supplies - becomes unstable.
On April 22, at least 3 container ships were attacked with guns in this area. Iranian media reported that the Navy of the Islamic Revolutionary Guard of Iran arrested 2 ships on charges of violating maritime regulations and brought them back to the country's territorial waters.
Peace talks between the US and Iran have also made no progress. The meeting scheduled in Pakistan did not take place due to the absence of both sides, increasing concerns about the risk of supply disruption in the near future.
Domestic gasoline prices today
On April 23, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:
The above-mentioned domestic retail gasoline and oil prices were adjusted by the inter-ministry of Industry and Trade - Finance from 4 pm on April 21.
Accordingly, the price of E5RON92 gasoline decreased by 658 VND/liter; RON95 gasoline decreased by 719 VND/liter; diesel oil 0.05S decreased by 3,185 VND/liter; mazut oil decreased by 701 VND/kg.
Gasoline and oil discount today
- Hoang Trong General Trading Co., Ltd.:
+ Hai Linh Warehouse, Petec, Dinh Vu, K99: Diesel oil 0.05S: 3,000 VND/liter; Gasoline RON 95 - III: 1,500 VND/liter.
+ Bac Ninh Warehouse: Diesel oil 0.05S: 2. 850 VND/liter; Gasoline RON 95 - III: 1. 300 VND/liter.
+ Nghi Son Warehouse: Diesel oil 0.05S: 3,000 VND/liter; Gasoline RON 95 - III: 1,500 VND/liter.
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel oil 0.05S - II: 1,600 VND/liter;
+ Diesel oil 0.001S-V: 1. 100 VND/liter;
+ RON 95 - III gasoline: 900 VND/liter;
+ E5 gasoline: 900 VND/liter.
- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):
+ RON 95 - III gasoline: 1,000 VND/liter.
+ Diesel oil 0.05S-II: 1,600 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.
