World oil price today
World oil prices reversed to increase after consecutive price decreases.
At the end of the trading session at the end of the weekend, both oil products increased simultaneously. WTI crude oil was at 60.88 USD/barrel, up 0.40 USD/barrel, equivalent to an increase of 0.66%. WTI oil closed the previous trading session at 60.48 USD/barrel (the lowest closing price since May 30), and opened the weekend session at 60.71 USD/barrel.
Brent oil was at 64.53 USD/barrel, up 0.42 USD/barrel, equivalent to an increase of 0.66%. Brent oil closed the previous trading session at 6411 USD/barrel (the lowest closing price since June 2) and opened the weekend session at 64.38 USD/barrel.
Domestic gasoline prices today
On October 4, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 are as follows:
The above domestic retail price of gasoline and oil was adjusted by the Ministry of Industry and Trade - Ministry of Finance from 3:00 p.m. on October 2.
Accordingly, gasoline prices have increased simultaneously. Gasoline price increased by 6 - 44 VND/liter; oil price increased by 161 - 380 VND/liter. Specifically, E5RON92 gasoline price increased by 6 VND/liter, RON95-III gasoline increased by 44 VND/liter, diesel increased by 380 VND/liter, kerosene increased by 377 VND/liter and mazut increased by 161 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, October 4, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Company Limited: Hai Linh warehouse, Hai Phong: Diesel 0.05S - II: 1,700 VND/liter; RON 95 - III gasoline: 1,450 VND/liter; Bac Ninh warehouse: Diesel 0.05S - II: 1,500 VND/liter; RON 95 - III gasoline: 1,300; Nghi Son warehouse: Diesel 0.05S - II: 1,750 VND/liter, RON 95 - III gasoline: 1,500 VND/liter.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,700 VND/liter; Diesel 0.001S-V: 1,550; RON 95 - III gasoline: 1,500 VND/liter; E5 gasoline: 1,500 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: 1,400 VND/liter; Diesel 0.05S-II: 1,300 VND/liter; Diesel 0.05S: 1,750. 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 next price adjustment period, retail prices of gasoline may decrease.
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.
