World oil prices today
World gasoline and oil prices recorded weekly fluctuations. At the end of a trading week, WTI crude oil was at 87.36 USD/barrel last weekend, increasing to 90.54 USD/barrel this weekend. Overall last week, WTI oil increased by 3.18 USD/barrel, equivalent to an increase of 3.64% compared to the previous week.
Brent oil was at 92.05 USD/barrel last weekend, up to 93.09 USD/barrel this weekend. Overall last week, Brent oil increased by 1.04 USD/barrel, equivalent to an increase of 1.13% compared to the previous week.
Thus, after the previous week of deep decline, world oil prices closed the trading week with a slight upward trend, with weekly developments continuously fluctuating according to geopolitical information in the Middle East.
According to analysts, in the first sessions of the week, oil prices rose sharply after Iranian media reported that Tehran had stopped indirect negotiations with the US and considered blockading strategic shipping routes. However, the upward momentum somewhat cooled down when US President Donald Trump said he had not grasped information about the disruption of negotiations.
Experts believe that there are still many unpredictable factors related to tensions in the region. However, the prospect of fully reopening the Strait of Hormuz is currently less clear than a few months ago, causing the market to continue to maintain a cautious sentiment.
In addition, the International Energy Agency (IEA) warned that global oil inventories could fall to a worrying level before the summer consumption peak if the current inventory withdrawal rate continues to extend, thereby increasing concerns about supply.
In the sessions near the end of the week, oil prices turned down sharply as investors expected tensions between the US, Israel and Iran to soon cool down, creating conditions for transportation through the Strait of Hormuz to be restored. This optimistic sentiment appeared after Israel and Lebanon reached a ceasefire agreement.
According to analysts, information about the agreement between Israel and Lebanon has significantly weakened the factors supporting oil prices in the short term. However, many experts believe that supply risks have not completely disappeared. If disruptions to oil flows continue to prolong or escalate, oil prices may still be under pressure to increase again in the near future.
Domestic gasoline prices today
On June 7, retail gasoline and oil prices according to the price list announced by Petrolimex in region 1 and region 2 are as follows:
The above domestic retail gasoline and oil prices were adjusted by the inter-Ministry of Industry and Trade - Finance from 3 pm on June 4. In which gasoline prices decreased sharply by nearly 1,500 VND/liter, and diesel oil decreased by nearly 800 VND/liter.
Gasoline and oil discount today
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel oil 0.05S - II: 150 VND/liter;
+ Diesel oil 0.001S-V: 100 VND/liter.
+ E10 RON 95-III gasoline: 450 VND/liter
+ E5 RON 92 - II gasoline: 450 VND/liter
- Hoang Trong General Trading Co., Ltd.:
+ Hai Linh Warehouse, Hai Phong: Diesel oil 0.05S: 400 VND/liter; E10 RON 95-III gasoline: 550 VND/liter.
+ Bac Ninh Warehouse: Diesel oil 0.05S: 300 VND/liter; E10 RON 95-III gasoline: 450 VND/liter.
- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):
+ E10 RON 95 - III gasoline: 100 VND/liter.
+ Diesel oil 0.05S-II: 300 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.
