World gasoline prices today
World gasoline prices last week recorded a sharp decrease. WTI crude oil was at 78.60 USD/barrel last week, falling to 76.44 USD/barrel this weekend. For the whole week, WTI crude oil decreased by 2.16 USD/barrel, equivalent to a decrease of 2.7% compared to the previous week.
Brent oil was at 82.58 USD/barrel last week, falling to 80.58 USD/barrel this weekend. Overall, last week, Brent oil decreased by 2 USD/barrel, equivalent to a decrease of 2.4% compared to the previous week.
According to analysts, China's total fuel oil imports fell by 11% in the first half of 2024, raising concerns about the overall demand outlook in the East Asian country, a major crude oil importer. most on the planet.
Meanwhile, demand from the world's top oil consumer is also expected to ease as US refineries prepare to cut output as the summer driving season ends in early September.
Domestic gasoline prices today
On July 28, retail gasoline prices according to Petrolimex's published 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 26. 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 28, at some domestic petroleum agents are as follows:
Pvoil applies discount rates on July 28: 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 28 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 28: 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. In particular, gasoline can be reduced by 300 VND/liter, oil can be reduced by 200 VND/liter.
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.
