Gasoline and oil prices today May 3: Strong fluctuations

Hà Vy |

Gasoline and oil prices today May 3: World oil prices fluctuate sharply. WTI oil is at 101 USD/barrel; Brent oil 108 USD/barrel;

World oil prices today

World gasoline and oil prices recorded a strong weekly increase. At the end of a trading week, WTI crude oil was at 90.40 USD/barrel last weekend, increasing to 101.94 USD/barrel this weekend. Overall last week, WTI oil increased by 11.54 USD/barrel, equivalent to an increase of 12.76% compared to the previous week.

Brent oil was at 105.33 USD/barrel last weekend, up to 108.17 USD/barrel this weekend. Overall last week, Brent oil increased by 2.84 USD/barrel, equivalent to an increase of 2.7% compared to the previous week.

According to analysts, world oil prices rose sharply last week as peace talks between the US and Iran continued to fall into deadlock, while transportation through the Strait of Hormuz remained limited, causing global oil supplies to remain tight.

Prolonged concerns about the risk of supply disruptions due to the closed Hormuz Strait have overshadowed the impact from the information that the United Arab Emirates (UAE) has left OPEC and the OPEC+ alliance.

The oil market has experienced a period of very strong fluctuations since the conflict in the Middle East broke out at the end of February 2026, oil prices have increased by about 90% under pressure from tightened supply due to the closing of the Hormuz Strait.

Domestic gasoline prices today

On April 3, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:

Giá xăng dầu trong nước ngày 3.5.2026. theo bảng giá công bố của Petrolimex
Domestic gasoline and oil prices on May 3, 2026. according to the price list announced by Petrolimex

The above-mentioned domestic retail gasoline and oil prices were adjusted by the inter-ministry of Industry and Trade - Finance from 3 pm on April 29.

Gasoline and oil discount today

- Hoang Trong General Trading Co., Ltd.:

+ Hai Linh Warehouse: Diesel oil 0.05S: 800 VND/liter; Gasoline RON 95 - III: 500 VND/liter.

+ Petec warehouse, Dinh Vu: Diesel oil 0.05S: 800 VND/liter.

+ Bac Ninh Warehouse: Diesel oil 0.05S: 650 VND/liter; Gasoline RON 95 - III: 350 VND/liter.

+ Nghi Son Warehouse: Diesel oil 0.05S: 800 VND/liter; Gasoline RON 95 - III: 500 VND/liter.

- Tu Luc Petroleum Joint Stock Company 1:

+ Diesel oil 0.05S - II: 500 VND/liter;

+ Diesel oil 0.001S-V: 400 VND/liter;

+ RON 95 - III gasoline: 300 VND/liter;

+ E5 gasoline: 300 VND/liter.

- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):

+ RON 95 - III gasoline: 200 VND/liter.

+ Diesel oil 0.05S-II: 500 VND/liter.

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.

Hà Vy
RELATED NEWS

Gasoline and oil prices today May 2nd: Sharp decrease

|

Gasoline and oil prices today May 2nd: World oil prices fell sharply. Brent oil fell to 108 USD/barrel; WTI oil fell to 101 USD/barrel.

Gasoline and oil prices today May 1: Simultaneously sharply reduced

|

Gasoline and oil prices today May 1: World oil prices fluctuate sharply. Brent oil plunges from 4-year peak; WTI oil sharply decreases from 3-week high.

Gasoline and oil prices today, April 30: Strong reversal

|

Gasoline and oil prices today, April 30: World oil prices are fluctuating strongly. WTI oil has exceeded 107 USD/barrel; Brent oil has exceeded 110 USD/barrel.

Male student in Ninh Binh ganged up on: Family requests 90 million VND in compensation

|

Ninh Binh - Regarding the case of a 9th grade male student being ganged up on, the victim's family requested 90 million VND in compensation.

President Donald Trump threatens to re-attack Iran

|

The new proposal from Iran has not convinced President Trump, while military and energy tensions continue to escalate.

Alcohol concentration violations account for a high proportion during the April 30 - May 1 holiday

|

During the April 30 - May 1 holiday, alcohol concentration violations continued to account for a high proportion of the total number of traffic order and safety violations nationwide.

Trade union news: Long Thanh airport recruits workers, salary 15 million VND/month

|

Trade union news on May 3: Long Thanh Airport recruits workers, salary 15 million VND/month; 1.06 million unemployed people in the first quarter of 2026...

Successfully rescued a man who fell into a 35m deep well in Ho Chi Minh City

|

Ho Chi Minh City - Ho Chi Minh City rescue forces have just successfully rescued a man who fell into a 35m deep well in Tam Long ward.

Gasoline and oil prices today May 2nd: Sharp decrease

Hà Vy |

Gasoline and oil prices today May 2nd: World oil prices fell sharply. Brent oil fell to 108 USD/barrel; WTI oil fell to 101 USD/barrel.

Gasoline and oil prices today May 1: Simultaneously sharply reduced

Hà Vy |

Gasoline and oil prices today May 1: World oil prices fluctuate sharply. Brent oil plunges from 4-year peak; WTI oil sharply decreases from 3-week high.

Gasoline and oil prices today, April 30: Strong reversal

Hà Vy |

Gasoline and oil prices today, April 30: World oil prices are fluctuating strongly. WTI oil has exceeded 107 USD/barrel; Brent oil has exceeded 110 USD/barrel.