World gasoline prices today
World gasoline prices in today's trading session, July 24 (Vietnam time), fluctuated in opposite directions. WTI crude oil was at 77.27 USD/barrel, up 0.31 USD/barrel, equivalent to an increase of 0.40%. WTI crude oil closed the previous trading session at a price of 76.96 USD/barrel, opening today's session at a price of 77.39 USD/barrel.
Brent oil was at 81.36 USD/barrel, down 0.21 USD/barrel, equivalent to a decrease of 0.26%. Brent oil closed the previous trading session at 81.57 USD/barrel and opened today's session at 81.57 USD/barrel.
Oil prices fell nearly 2% to a six-week low today on growing expectations for a ceasefire in Gaza and growing concerns about demand in China, according to analysts.
Domestic gasoline prices today
On July 24, retail gasoline prices according to Petrolimex's published price list in regions 1 and 2 (46 provinces and cities are applying) are as follows:
The above mentioned domestic retail gasoline price was adjusted by the Ministry of Finance and Industry and Trade at the price management session on the afternoon of July 18. Accordingly, a reduction of 110 VND/liter with E5 RON92 biofuel and a reduction of 120 VND/liter with RON95 gasoline. Oil products had a higher decrease, in which kerosene decreased by more than 370 VND/liter, diesel decreased by 330 VND/liter and fuel oil decreased by 110 VND/kg.
Gasoline discount today
Discounted prices of petroleum products today, July 24, at some domestic petroleum agents are as follows:
Pvoil applies discount rates on July 24: Oil discount 1,850 VND/liter; RON 95 - III gasoline: 1,750 VND/liter; E5 gasoline: 1,650 VND/liter. This discount is applied at Pvoil Dinh Vu warehouse, Petec An Hai warehouse, Cai Lan warehouse.
Tu Luc gasoline discount on July 24 is as follows: Oil discount: 1,800 VND/liter; RON 95 - III gasoline: 1,700 VND/liter; E5 gasoline: 1,600 VND/liter.
MIPEC gasoline discount on July 23: 95-III gasoline: 1,500; E5 gasoline: 1,350; Oil: 1,900 VND/liter
Forecast of domestic gasoline prices in the coming period
According to a representative of a petroleum business, domestic gasoline prices will fluctuate according to the world petroleum situation. It is forecasted that in the next price management period, gasoline prices will decrease simultaneously, by about 400-500 VND/liter.
From the beginning of the year until now, since the price management session on January 4, gasoline prices have increased 16 times and decreased 13 times. Oil products increased 15 times and decreased 14 times.
