Update on gasoline and oil prices on July 30: Simultaneous decrease

Thạch Lam |

Update on gasoline and oil prices on July 30: World oil prices at 6:00 PM simultaneously decreased.

At 18:00 on July 30, 2026, world gasoline and oil prices simultaneously decreased. Accordingly, WTI oil price was at 83.8 USD/barrel, down 0.66 USD/barrel, equivalent to a decrease of 0.78%. Brent oil was at 87.48 USD/barrel, down 0.61 USD/barrel, equivalent to a decrease of 0.69%.

World oil prices on July 30 slightly decreased after increasing in yesterday's session. However, world oil prices are still supported by US-Iran tensions, the risk of Middle East supply disruption and US crude oil inventories falling to their lowest level since 2018.

The world gasoline and oil market in this operating period is influenced by key factors such as: Conflict between the US and Iran temporarily cooled down but then showed signs of re-emerging; Iran continues to attack some ships passing through the Strait of Hormuz; military conflict shows signs of spreading in the Middle East region when the US, Saudi Arabia and armed groups in Iraq supported by Iran have mutual attacks; military conflict between Russia and Ukraine continues, focusing 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.

The average world finished gasoline and oil prices between the price adjustment period on July 23, 2026 and the operating period on July 30, 2026 are: 118,040 USD/barrel of RON92 gasoline used to blend E5 RON92 gasoline (up 5.834 USD/barrel, equivalent to an increase of 5.2%); 121,280 USD/barrel of RON95 gasoline used to blend E10 RON95-III gasoline (up 5.740 USD/barrel, equivalent to an increase of 4.97%); 159,016 USD/barrel of 0.05S diesel oil (up 8.076 USD/barrel, equivalent to an increase of 5.35%); 561.514 USD/ton of mazut oil 180CST 3.5S (up 15.154 USD/ton, equivalent to an increase of 2.77%).

The selling prices of popular consumer gasoline and oil items on the market on July 30 are as follows:

- E5 RON92 gasoline: not higher than 22,388 VND/liter, 471 VND/liter lower than E10 RON95-III gasoline;

- E10 RON95-III gasoline: not higher than 22,859 VND/liter;

- Diesel oil 0.05S: not higher than 27,624 VND/liter;

- 180CST 3.5S fuel oil: not higher than 16,478 VND/kg.

Gasoline and oil selling prices of neighboring countries Vietnam on July 30, 2026:

- Regarding gasoline prices: Thailand: 28,750 VND/liter (Government subsidies); Cambodia: 29,645 VND/liter (Government subsidies); Laos: 47,388 VND/liter; China: 30,168 VND/liter (Government price control); Vietnam: 22,859 VND/liter.

- Regarding oil prices: Thailand: 28,750 VND/liter (Government subsidies); Cambodia: 34,206 VND/liter; Laos: 38,868 VND/liter; China: 27,189 VND/liter (Government price control); Vietnam: 27,624 VND/liter.

Vietnam's gasoline and oil prices are currently at a low level compared to countries sharing the same border (except for oil prices higher than China by 435 VND).

Thạch Lam
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