World oil price today
Today's gasoline prices increased sharply. At the end of the weekend trading session, WTI crude oil was at 64.58 USD/barrel, up 1.21 USD/barrel, equivalent to an increase of 1.91%. WTI crude oil closed the previous trading session at 63.37 USD/barrel, opening today's session at 63.33 USD/barrel.
Brent oil was at 66.47 USD/barrel, up 1.13 USD/barrel, equivalent to an increase of 1.73%. Brent oil closed the previous trading session at 75.34 USD/barrel and opened today's session at 65.26 USD/barrel.
Thus, world oil prices fluctuated strongly. After a slight decrease at the beginning of the morning session, both oil products suddenly reversed and increased sharply at the end of yesterday's session.
According to analysts, oil prices increased thanks to the US's positive employment report and the resumption of trade negotiations between the US and China, which has raised expectations for the recovery momentum of the world's two largest economies.
Domestic gasoline prices today
On June 7, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 (46 provinces and cities are applying) are as follows:
The above domestic retail price of gasoline and oil has been adjusted according to the price of the Ministry of Finance - Industry and Trade jointly announced in the price management session on the afternoon of June 5, 2025. Accordingly, domestic gasoline prices have increased simultaneously. E5 RON 92 gasoline price increased by 67 VND/liter, RON 95-III gasoline increased by 133 VND/liter, diesel price increased by 284 VND/liter, kerosene increased by 176 VND/liter. However, mazut oil prices decreased by 86 VND/kg.
Today's gasoline discounts
The discount levels of gasoline products today, June 6, at some domestic gasoline trading enterprises are as follows:
Hoang Trong General Trading Co., Ltd: Hai Linh Warehouse, Hai Phong: Diesel oil 0.05s - II: VND 1,100/liter, RON 95 - III gasoline: VND 1,100/liter; Bac Ninh warehouse: Diesel oil 0.05s - II: 950 VND/liter, gasoline RON 95 - III: 950 VND/liter; Nghi Son warehouse: Diesel oil 0.05s - II: VND 1,200/liter, gasoline RON 95 - III: VND 1,200/liter; Vu Vu, Petec: Diesel oil 0.05s - II: 1,100 VND/liter, gasoline RON 95 - III: 1,150 VND/liter, E5 RON 92 - II gasoline: 1,150 VND/liter.
Tu Luc Petroleum: Diesel discount 0.05S-II: 1,150 VND/liter; Diesel 0.001S-V: 1,000; RON 95 - III gasoline: 1,150; E5 gasoline: 1,150 VND/liter.
MIPEC Petroleum: RON 95 - III Petroleum Discount: VND 1,000/liter; E5 Petroleum: VND 950/liter; Diesel 0.05S-II: VND 1,250/liter. 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 management period, retail prices of gasoline may have opposite adjustments, in the direction of decreasing gasoline prices and increasing oil prices.
In particular, the price of RON 95 - III gasoline is forecast to decrease by about 30 VND/liter; E5 RON 92 - II gasoline decreases by about 50 VND/liter; Diesel increases by about 50-100 VND/liter.
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.
