World oil price today
World oil prices today recovered slightly after a sharp decline. At 11:14 (Vietnam time), WTI crude oil was at 69.06 USD/barrel, up 0.12 USD/barrel, equivalent to an increase of 0.17%. WTI crude oil closed the previous trading session at 68.93 USD/barrel, opening today's session at 69.14 USD/barrel.
Brent oil was at 72.63 USD/barrel, up 0.13 USD/barrel, equivalent to an increase of 0.18%. Brent oil closed the previous trading session at 72.61 USD/barrel and opened today's session at 72.61 USD/barrel.
World oil prices have just experienced a sharp decline in trading session. At the end of the session on February 25, Brent and WTI crude oil prices decreased by 2.4% and 2.5%, respectively, to the lowest level in 2 months.
Reuters cited data from the US showing that the country's consumer confidence in February fell the most in three and a half years, in the context of expectations of soaring 12-month inflation.
Analysts say President Donald Trump's plan to increase tariffs has raised inflation concerns at the US Federal Reserve (Fed), which could keep the agency's interest rates higher. This risks slowing economic growth and leading to a decline in energy demand.
Another factor that could affect oil prices is the likelihood of a peace deal between Russia and Ukraine. If this happens, sanctions against Russia could be lifted, paving the way for unrestricted oil supplies from the country to return to the market.
Domestic gasoline prices today
On February 26, 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 February 20, 2025. Accordingly, E5 RON 92 gasoline price increased by 257 VND/liter; RON 95-III gasoline increased by 257 VND/liter; kerosene increased by 40 VND/liter, diesel decreased by 10 VND/liter; mazut decreased by 183 VND/kg.
Today's gasoline discounts
The discount prices of gasoline products today, February 26, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Diesel 0.05S - II: 1,450 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 1,450 VND/liter, applied at Hai Linh warehouse, Hai Phong; Diesel 0.05S - II: 1,300 VND/liter, applied at Bac Ninh warehouse; RON 95 - III gasoline: 1,300 VND/liter, applied at Bac Ninh warehouse; E5 gasoline: 1,350 VND/liter at Dinh Vu warehouse, Petec.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,500 VND/liter; Diesel 0.001S-V: 1,400; RON 95 - III gasoline: 1,450; E5 gasoline: 1,400 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum discount: 1,350 VND/liter; Diesel 0.05S-II: 1,500 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 interim price management period, gasoline prices may decrease slightly.
In particular, gasoline prices are forecast to decrease by about 100-150 VND/liter; oil prices may decrease by about 50-100 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.
