At 6:30 PM on August 12, 2026, world gasoline and oil prices fluctuated in opposite directions. Accordingly, WTI oil price was at 83.30 USD/barrel, up 0.12 USD/barrel, equivalent to an increase of 0.12%. Brent oil was at 88.99 USD/barrel, up 0.08 USD/barrel, equivalent to an increase of 0.09%.
World oil prices rose after the prospects of a US-Iran agreement weakened and attacks on cargo ships increased concerns about supply disruptions.
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: the US canceling a new attack on Iran; Iran and Oman reaching consensus on the management mechanism of the Hormuz Strait; OPEC+ approving a plan to increase oil production from September; the military conflict between Russia and Ukraine continues, focusing heavily on energy facilities, oil refineries...
The above factors have caused world finished gasoline and oil prices in recent days to increase and decrease depending on the item, but the downward trend is main.
The selling prices of popular consumer gasoline and oil items on the market on August 11 are as follows:
- E5 RON92 gasoline: not higher than 21,728 VND/liter, 596 VND/liter lower than E10 RON95-III gasoline.
- E10 RON95-III gasoline: not higher than 22,324 VND/liter.
- Diesel oil 0.05S: not higher than 27,544 VND/liter.
- 180CST 3.5S fuel oil: not higher than 16,391 VND/kg.
According to a representative of a gasoline and oil business, in the price adjustment period next week, domestic gasoline and oil prices may simultaneously decrease. Accordingly, gasoline E5 RON92 and gasoline E10 RON95-III prices may decrease by 400 - 500 VND/liter; oil prices may fluctuate in opposite directions. However, this business also noted that the increase or decrease depends on the spending of the gasoline and oil price stabilization fund of the inter-Ministry of Finance - Ministry of Industry and Trade.
Gasoline and oil selling prices of neighboring countries Vietnam on August 6, 2026:
- Regarding gasoline prices: Thailand: 28,750 VND/liter (Government subsidies); Cambodia: 28,838 VND/liter (Government subsidies); Laos: 44,916 VND/liter; China: 32,383 VND/liter (Government price control); Vietnam: 22,324 VND/liter.
- Regarding oil prices: Thailand: 28,750 VND/liter (Government subsidies); Cambodia: 33,698 VND/liter; Laos: 37,548 VND/liter; China: 29,366 VND/liter (Government price control); Vietnam: 27,544 VND/liter.
Vietnam's gasoline and oil prices are currently low compared to countries sharing a common border.
