World oil prices today
World gasoline and oil prices simultaneously increased sharply. At the end of the weekend trading session, WTI oil price was at 67.02 USD/barrel, up 1.81 USD/barrel, equivalent to an increase of 2.78 percent. WTI oil closed the previous trading session at a price of 65.21 USD/barrel; and opened the weekend session at a price of 65.28 USD/barrel.
Brent oil was at 72.87 USD/barrel, up 2.03 USD/barrel, equivalent to an increase of 2.87%. Brent oil closed the previous trading session at a price of 70.84 USD/barrel; and opened today's session at a price of 70.78 USD/barrel.
Thus, WTI and Brent oil prices have risen to their highest level in about 6 months.
Domestic gasoline prices today
On February 28, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:
The retail price of gasoline and oil in the country mentioned above will be adjusted by the inter-Ministry of Industry and Trade - Finance from 3 pm on February 20, 2025.
Accordingly, E5RON92 gasoline increased by 889 VND/liter; RON95 gasoline increased by 999 VND/liter; diesel oil increased by 754 VND/liter; kerosene increased by 854 VND/liter; mazut oil decreased by 173 VND/kg.
Gasoline and oil discount today
The discount rates for gasoline and oil products today, February 28th, at some domestic gasoline and oil businesses are as follows:
- Hoang Trong General Trading Co., Ltd.:
+ Hai Linh Warehouse, Hai Phong: Diesel oil 0.05S: 1,000 VND/liter; Gasoline RON 95 - III: 1,000 VND/liter.
+ Bac Ninh Warehouse: Diesel oil 0.05S: 850 VND/liter; RON 95 - III gasoline: 850 VND/liter.
+ Nghi Son Warehouse: Diesel oil 0.05S: 1,000 VND/liter; Gasoline RON 95 - III: 1,000 VND/liter.
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel oil 0.05S - II: 1,000 VND/liter;
+ Diesel oil 0.001S-V: 950 VND/liter;
+ RON 95 - III gasoline: 900 VND/liter;
+ E5 gasoline: 900 VND/liter.
- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):
+ RON 95 - III gasoline: 1, 300 VND/liter.
+ Diesel oil 0.05S-II: 1. 200 VND/liter.
+ Diesel oil 0.05S: 1, 400 VND/liter.
Domestic gasoline and oil price forecast for the next period
According to a representative of a gasoline and oil business, domestic gasoline and oil prices will fluctuate according to the world gasoline and oil situation. According to current market developments, it is predicted that in the next price adjustment period, retail gasoline and oil prices may increase.
Today's gasoline and oil prices are for reference only and may change according to market developments.
Refer to more articles about gasoline and oil prices HERE.
