World oil price today
World oil prices today reversed and increased. At the end of the weekend trading session, WTI crude oil was at 63.66 USD/barrel, up 0.14 USD/barrel, equivalent to an increase of 0.22%. WTI oil closed the previous trading session at 63.52 USD/barrel and opened today's session at 63.50 USD/barrel.
Brent oil was at 67.73 USD/barrel, up 0.06 USD/barrel, equivalent to an increase of 0.09%. Brent oil closed the previous trading session at 67.67 USD/barrel and opened today's session at 67.59 USD/barrel.
Thus, world oil prices reversed and increased after a slight decrease in the trading session yesterday morning (August 22).
Domestic gasoline prices today
On August 23, 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 21.
Accordingly, gasoline prices increased, oil prices decreased. E5RON92 gasoline price increased by 110 VND/liter, RON95-III gasoline increased by 208 VND/liter, diesel decreased by 172 VND/liter, kerosene decreased by 206 VND/liter, mazut decreased by 152 VND/kg.
This management period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel, kerosene, and fuel oil.
Today's gasoline discounts
The discount levels of gasoline products today, August 23, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,000 VND/liter; RON 95 - III gasoline: 950 VND/liter; Bac Ninh warehouse: Diesel 0.05S - II: 850 VND/liter; RON 95 - III gasoline: 800; Nghi Son warehouse: Diesel 0.05S - II: 1,100 VND/liter, RON 95 - III gasoline: 1,100 VND/liter; Dinh Vu warehouse, Petec: E5 RON 92: 800 VND/liter; RON 95 - III gasoline: 800 VND/liter.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,000 VND/liter; Diesel 0.001S-V: 750; RON 95 - III gasoline: 750 VND/liter; E5 gasoline: 750 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: VND 1,000/liter; Diesel 0.05S-II: VND 900/liter; Diesel 0.05S: 1,050. 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 adjustment period, retail prices of gasoline may increase.
In particular, the price of RON 95 - III gasoline is forecast to increase by about 300-450 VND/liter; E5 RON 92 - II gasoline increases by about 300-400 VND/liter; Diesel increases by about 300-400 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.
