According to a survey at 4:49 PM on April 1st, world oil prices simultaneously decreased. WTI oil price was at 100.04 USD/barrel, down 1.34 USD/barrel, equivalent to a decrease of 1.32%. Brent oil was at 103.28 USD/barrel, down 0.69 USD/barrel, equivalent to a decrease of 0.66%.
World oil prices simultaneously fell, after unconfirmed media reports that the Iranian President signaled readiness to end the conflict if he received certain guarantees.
Throughout the past month, the oil market has continuously fluctuated strongly. Oil prices have plummeted many times whenever US President Donald Trump signaled the possibility of cooling down the military campaign, but then quickly recovered due to concerns about supply disruptions. These risks mainly stem from Iran's threats to transportation through the Strait of Hormuz - a strategic shipping route that transports about 1/5 of global oil and gas production.
According to the Ministry of Industry and Trade, the world gasoline and oil market in this operating period is affected by key factors such as: Military conflict between the US, Israel and Iran continues to take place; information about US-Iran negotiations to end the conflict; US crude oil inventories increase sharply; military conflict between Russia and Ukraine still takes place... The above factors caused world finished gasoline and oil prices on March 25, 2026 to fluctuate downwards.
In the operating session on March 26, 2026, gasoline and oil prices are as follows:
- E5RON92 gasoline: not higher than 23,326 VND/liter.
- RON95-III gasoline: not higher than 24,332 VND/liter.
- Diesel oil 0.05S: not higher than 35,440 VND/liter.
not higher than 35. 384 VND/liter.
- 180CST 3.5S fuel oil: not higher than 21,748 VND/kg.
In the context of a volatile global energy market, domestic gasoline and oil price management is being implemented in a more flexible direction to closely monitor world market developments, while ensuring domestic supply and demand stability. Gasoline and oil enterprises in Vietnam are proactively increasing reserves and diversifying supply sources to ensure domestic market stability.
Accordingly, Vietnam National Group of Industry and Energy (Petrovietnam) determines to optimize crude oil production and gasoline production, contributing to ensuring national energy security. Petrovietnam has proactively deployed synchronous solutions to respond and flexibly manage production and business activities.
With the support of Petrovietnam, Nghi Son Refinery and Petrochemical Plant has accelerated the diversification of crude oil supply sources, thereby improving flexibility in selecting alternative sources, limiting interruption risks and ensuring stable operation.
Regarding Binh Son Refining and Petrochemical Joint Stock Company (BSR), General Director Nguyen Viet Thang said that in the past time, BSR has synchronously implemented solutions to stabilize and improve the production and business efficiency of Dung Quat Oil Refinery in the context of a strongly volatile energy market due to the war in Iran.
