World oil price today
World oil prices today reversed and increased. At 11:00, WTI crude oil was at 69.72 USD/barrel, up 0.48 USD/barrel, equivalent to an increase of 0.81%. WTI crude oil closed the previous trading session at 69.24 USD/barrel, opening today's session at 58.95 USD/barrel.
Brent oil was at 62.51 USD/barrel, up 0.38 USD/barrel, equivalent to an increase of 0.61%. Brent oil closed the previous trading session at 62.13 USD/barrel and opened today's session at 61.88 USD/barrel.
Thus, world oil prices reversed and increased sharply after consecutive sessions of deep decline. At the end of yesterday's trading session (January 1), Brent and WTI oil prices both recorded an increase of 1.8%. The increase in prices of both oil products continued in this morning's session.
Domestic gasoline prices today
On May 2, 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 April 24, 2025. Accordingly, gasoline products have increased in price. E5 RON 92 gasoline price increased by 740 VND/liter, RON 95-III gasoline increased by 782 VND/liter, diesel increased by 487 VND/liter, kerosene increased by 531 VND/liter and mazut increased by 564 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, September 2nd, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Diesel 0.05S - II: 1,500 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 1,500 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 1,350 VND/liter, applied at Bac Ninh warehouse; E5 gasoline: 1,350 VND/liter, applied at Dinh Vu warehouse, Petec.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,450 VND/liter; Diesel 0.001S-V: Out of stock; RON 95 - III gasoline: 1,400; E5 gasoline: 1,250 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: 1,300 VND/liter; E5 Petroleum: 1,000 VND/liter; Diesel 0.05S-II: 1,350 VND/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 next price adjustment period, retail prices of gasoline may increase.
In particular, RON 95 gasoline price may increase by about 100-250 VND/liter; E5 gasoline may increase by about 0-200 VND/liter; Diesel oil increases by about 0-100 VND/liter.
According to the notice from the Ministry of Industry and Trade on adjusting the time of operating the petrol price on the occasion of the holidays 30.4–1.5.2025, due to the period of periodic price operating (Thursday) coincides with the International Labor Holiday, the next operating period will be back to the first working day after the ceremony, ie Monday, 5.525.
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.
