Update on gasoline and oil prices on July 5th: Recovery

Thạch Lam |

Update on gasoline and oil prices on July 5th: World oil prices recover slightly before the US holiday.

WTI oil price is at 68.78 USD/barrel, up 0.09 USD/barrel, equivalent to an increase of 0.13%. Brent oil is at 72.12 USD/barrel, up 0.32 USD/barrel, equivalent to an increase of 0.45%.

At the end of the weekend trading session, world oil prices recovered slightly before the US holiday, the market continued to monitor the prospects of Middle East supply.

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: Appearing retaliatory attacks between the US and Iran; positive signs in negotiations between the US and Iran; OPEC+ has the potential to increase oil production from August; military conflict between Russia and Ukraine continues, focusing heavily on each other's oil and gas facilities... The above factors have caused world finished gasoline and oil prices in recent days to increase and decrease depending on each item.

The selling prices of popular consumer gasoline and oil items on the market on July 5 are as follows:

- E5 RON92 gasoline: not higher than 19,730 VND/liter, 685 VND/liter lower than E10RON95-III gasoline;

- E10 RON95-III gasoline: not higher than 20,415 VND/liter;

- Diesel oil 0.05S: not higher than 21,176 VND/liter;

- 180CST 3.5S fuel oil: not higher than 14,053 VND/kg;

Gasoline and oil selling prices of neighboring countries Vietnam on July 2, 2026:

- Regarding gasoline prices: Thailand: 30,759/liter (Government subsidies); Cambodia: 26,455 VND/liter (Government subsidies); Laos: 41,313 VND/liter; China: 32,268 VND/liter (Government price control); Vietnam: 19,730 VND/liter.

- Regarding oil prices: Thailand: 30,314 VND/liter (Government subsidies); Cambodia: 26,128 VND/liter; Laos: 29,112 VND/liter; China: 29,251 VND/liter (Government price control); Vietnam: 21,176 VND/liter.

Vietnam's gasoline and oil prices are currently lower than those of countries sharing a common border.

Thạch Lam
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