World oil prices today
World oil prices simultaneously increased in the first morning session of the week. At 8:02 am (Vietnam time), WTI oil price was at 91.94 USD/barrel, up 0.46 USD/barrel, equivalent to an increase of 0.50%. WTI oil price closed the previous trading session at 91.48 USD/barrel, and opened today's session at 92.18 USD/barrel.
Brent oil was at 96.58 USD/barrel, up 0.73 USD/barrel, equivalent to an increase of 0.76%. Brent oil closed the previous trading session at 95.85 USD/barrel and opened today's session at 96.72 USD/barrel.
World gasoline and oil prices rise amid continued complex tensions between the US and Iran.
Last week, oil prices rose sharply after the US and Iran resumed military attacks, raising concerns that prolonged conflict could disrupt global energy supplies, especially oil flows through the Strait of Hormuz.
Besides the risk of crude oil supply disruption, operations at many oil refineries around the world, especially in the Middle East and Russia, are also affected, contributing to pushing up oil product prices.
Faced with tense developments in the Middle East, Citi has raised its forecast for the average Brent oil price in Q3/2026 to 86 USD/barrel, from the previous level of 80 USD/barrel. The bank believes that the time for the Hormuz Strait to reopen may be longer than expected.
Domestic gasoline prices today
On September 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 are adjusted by Petrolimex according to the inter-ministry of Industry and Trade - Finance's management period from 3:00 PM on September 3.
Gasoline and oil discount today
- Tu Luc Petroleum Joint Stock Company 1:
+ Diesel oil 0.05S - II: 500 VND/liter;
+ Diesel oil 0.001S - V: 500 VND/liter;
+ E10 RON 95-III gasoline: 500 VND/liter
+ E15 RON 92-II gasoline: 500 VND/liter
- MIPEC Petroleum Trading and Trading Co., Ltd. - MIPEC Petro (applied to the Northern region):
+ E10 gasoline: 500 VND/liter.
+ Diesel oil 0.05S-II: 750 VND/liter.
Domestic gasoline and oil price forecast for the next period
According to a representative of a gasoline and oil business, it is predicted that in the next price adjustment period, retail gasoline and oil prices may increase.
In which:
- E10 gasoline increases by about 1,100 VND/liter
- E5 RON 92 - II gasoline increased by about 1,160 VND/liter;
- Diesel oil increased by about 900 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.
