World gasoline prices today
World gasoline prices in today's trading session, July 26 (Vietnam time), simultaneously decreased. WTI crude oil was at 78.50 USD/barrel, up 0.22 USD/barrel, equivalent to an increase of 0.28%. WTI crude oil closed the previous trading session at a price of 78.28 USD/barrel, opening today's session at a price of 78.34 USD/barrel.
Brent oil was at 82.61 USD/barrel, up 0.24 USD/barrel, equivalent to an increase of 0.29%. Brent oil closed the previous session at 82.37 USD/barrel and opened today's session at 82.43 USD/barrel.
According to analysts, data from the US Department of Commerce on July 25 showed that the US economy grew faster than expected in the second quarter. Accordingly, GDP increased by 2.8%, double the growth rate of 1.4% in the first quarter, while inflation decreased, boosting expectations that the US Federal Reserve (Fed) will lower interest rates in September. 9. Lower interest rates are expected to boost economic activity, which could increase oil consumption.
Domestic gasoline prices today
On July 26, retail gasoline prices according to Petrolimex's announced 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 15. Accordingly, the price of E5 gasoline decreased by 270 VND/liter; RON 95 gasoline reduced by 290 VND/liter; Diesel oil was also adjusted down by 310 VND/liter; Kerosene price decreased by 340 VND/liter.
Gasoline discount today
Discounted prices of petroleum products today, July 26, at some domestic petroleum agents are as follows:
Pvoil applies discount rates on July 26: Oil discount 1,500 VND/liter; RON 95 - III gasoline: 1,400 VND/liter; E5 gasoline: 1,400 VND/liter. This discount is applied at Pvoil Dinh Vu warehouse, Petec An Hai warehouse, Cai Lan warehouse.
Tu Luc gasoline discount on July 26 is as follows: Oil discount: 1,600 VND/liter; RON 95 - III gasoline: 1,500 VND/liter; E5 gasoline: 1,400 VND/liter.
MIPEC gasoline discount on July 26: 95-III gasoline: 1,450; E5 gasoline: 1,200; Oil: 1,750 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 continue to decrease.
From the beginning of the year until now, since the price management session on January 4, gasoline prices have increased 16 times and decreased 14 times. Oil products had 15 increases and 15 decreases.
