World oil prices today
World oil prices today turned down. At 10:09, WTI crude oil was at 73.93 USD/barrel, down 0.03 USD/barrel, equivalent to a decrease of 0.04%. WTI crude oil closed the previous trading session at 73.96 USD/barrel, opening today's session at 74.10 USD/barrel.
Brent crude oil was at $76.47 a barrel, down $0.04 a barrel, or 0.05 percent. Brent crude oil closed the previous session at $76.51 a barrel and opened today at $75.58 a barrel.
Thus, ending a week of strong increases, world oil prices today all turned to decrease. According to analysts, the data shows that consumption demand is weaker than expected, the market may fluctuate immediately. This week, US employment data will be announced, oil prices may also be affected by this data.
However, world oil prices are still supported by many factors. Among them, China - the world's leading oil importer - has continuously announced plans to boost economic activities, stimulating the market to warm up again. In addition, demand for heating oil is expected to increase after forecasts of colder weather in some areas, also supporting oil prices.
Domestic gasoline prices today
On January 6, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 (46 provinces and cities currently applying) are as follows:
The above domestic retail prices of gasoline and oil were adjusted by the Ministry of Finance - Industry and Trade in the price management session on the afternoon of January 2, 2025. Accordingly, the prices of all gasoline and oil products increased simultaneously. E5 RON 92 gasoline increased by VND 240/liter, RON 95-III gasoline increased by VND 199/liter, diesel increased by VND 125/liter, kerosene increased by VND 126/liter, and fuel oil increased by VND 129/kg.
Gasoline discount today
Discount prices of petroleum products today, January 6, at some domestic petroleum businesses:
Hoang Trong General Trading Company Limited: Diesel 0.05S - II: 800 VND/liter, applied at Hai Linh warehouse, Hai Phong; RON 95 - III gasoline: 750 VND/liter, applied at Hai Linh warehouse, Hai Phong; Diesel 0.05S - II: 650 VND, applied at Bac Ninh warehouse; RON 95 - III gasoline: 600 VND/liter, applied at Bac Ninh warehouse; E5 gasoline: 600 VND/liter at Dinh Vu warehouse, Petec.
Tu Luc Petroleum: Discount on Diesel 0.05S-II: 800 VND/liter; Diesel 0.001S-V: 700; RON 95 - III gasoline: 750 VND/liter; E5 gasoline: 700 VND/liter.
MIPEC Gasoline: Discount on RON 95 - III gasoline: 600 VND/liter; E5 gasoline: 600 VND/liter; Diesel 0.05S-II: 800 VND/liter. Applicable to the Northern region.
Forecast of domestic gasoline prices next 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, petroleum prices will continue to increase. Of which, gasoline prices will increase by about 300-400 VND/liter; oil prices will increase by about 540 VND/liter.
Today's gasoline prices are for reference only and may change according to market conditions without prior notice. Readers should consider carefully when using the information in this newsletter.
See more articles about gasoline prices HERE.
