World oil price today
World oil prices today decreased slightly. At 11:54, WTI crude oil was at 69.09 USD/barrel, down 0.02 USD/barrel, equivalent to a decrease of 0.03%. WTI crude oil closed the previous trading session at 69.11 USD/barrel, opening today's session at 69.19 USD/barrel.
Brent oil was at 72.36 USD/barrel, down 0.01 USD/barrel, equivalent to a decrease of 0.01%. Brent oil closed the previous trading session at 72.37 USD/barrel and opened today's session at 72.42 USD/barrel.
Thus, world oil prices turned down slightly after yesterday's strong increase. At the end of the first trading session of the week, Brent and WTI oil prices both increased by 1.2% after US President Donald Trump announced that he would impose a 25% tax on countries purchasing oil and gas from Venezuela.
Meanwhile, putting pressure on oil prices is the decision to extend the narrowing of oil and export activities from Venezuela for oil producer Chevron until May 27 instead of 30 days from March 4-3.
According to Reuters, the two moves will ease the pressure on Chevron while adding pressure to other Venezuelan oil consumers. However, it is still uncertain how the Trump administration will implement the tariffs.
Domestic gasoline prices today
On March 25, 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 March 21, 2025. Accordingly, gasoline prices have increased simultaneously.
E5 RON 92 gasoline price increased by VND 414/liter, RON 95-III gasoline increased by VND 438/liter, kerosene increased by VND 28/liter, diesel decreased by VND 5/liter, mazut decreased by VND 40/kg.
Today's gasoline discounts
The discount levels of gasoline products today, March 25, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Diesel 0.05S - II: 1,150 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 1,050 VND/liter, applied at Hai Linh warehouse, Hai Phong warehouse K99; Diesel 0.05S - II: 1,100 VND/liter, applied at Bac Ninh warehouse; RON 95 - III gasoline: 900 VND/liter, applied at Bac Ninh warehouse; E5 gasoline: 1,050 VND/liter at Dinh Vu warehouse, Petec.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,150 VND/liter; Diesel 0.001S-V: 1,100; RON 95 - III gasoline: 900; E5 gasoline: 1,050 VND/liter.
MIPEC Petroleum: RON 95 - III gasoline discount: 950 VND/liter; E5 gasoline: 850 VND/liter; Diesel 0.05S-II: 1,100 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, gasoline prices may increase.
In particular, the price of RON 95 - III gasoline is forecast to increase by about 250 VND/liter; E5 gasoline increases by about 240 VND/liter; Diesel increases by about 270 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.
