At 5:50 PM on April 28, WTI oil price was at 99.72 USD/barrel, up 3.35 USD/barrel, equivalent to an increase of 3.48%. Brent oil was at 104.36 USD/barrel, up 2.67 USD/barrel, equivalent to an increase of 2.63%.
Oil prices continued to increase on Tuesday as efforts to end the US-Iran war appeared to be stalled, with the important Hormuz Strait waterway still largely closed, causing the market to lack key energy supplies from the Middle East.
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: No progress in peace talks between the US and Iran; increasing tensions in the Strait of Hormuz; military conflict between Russia and Ukraine still taking place... The above factors have caused world finished gasoline and oil prices in recent days to increase and decrease depending on each item.
The average world finished gasoline and oil prices between the price adjustment period on April 21, 2026 and the operating period on April 23, 2026 are: 121.230 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (up 0.650 USD/barrel, equivalent to an increase of 0.54%); 126.435 USD/barrel of RON95 gasoline (up 1.465 USD/barrel, equivalent to an increase of 1.17%); 146.425 USD/barrel of 0.05S diesel oil (down 5.835 USD/barrel, equivalent to a decrease of 3.83%); 604.025 USD/ton of 180CST 3.5S mazut oil (down 23.485 USD/ton, equivalent to a decrease of 3.71%).
Domestic gasoline and oil prices on April 28, 2026 are applied according to the price level:
- E5RON92 gasoline: not higher than 21,834 VND/liter (down 100 VND/liter compared to the current maximum selling price), lower than RON95-III gasoline by 1,046 VND/liter;
- RON95-III gasoline: not higher than 22,880 VND/liter (down 162 VND/liter compared to the current maximum selling price);
- Diesel oil 0.05S: not higher than 26,697 VND/liter (down 1,159 VND/liter compared to the current maximum selling price);
- 180CST 3.5S mazut oil: not higher than 18,811 VND/kg (down 820 VND/kg compared to the current maximum selling price).
Gasoline and oil selling prices of neighboring countries of Vietnam on April 23, 2026:
- Regarding gasoline prices: Thailand: 34,755 VND/liter (Government subsidies); Cambodia: 32,560 VND/liter (Government subsidies); Laos: 45,330 VND/liter; China: 34,406 VND/liter (Government price control); Vietnam: 22,880 VND/liter.
- Regarding oil prices: Thailand: 34,141 VND/liter (Government subsidies); Cambodia: 37,494 VND/liter; Laos: 58,027 VND/liter; China: 31,313 VND/liter (Government price control); Vietnam: 26,697 VND/liter.
Thus, Vietnam's gasoline and oil prices are currently lower than those of countries sharing a common border.
