At 6:40 PM on August 7, 2026, world gasoline and oil prices simultaneously decreased. Accordingly, WTI oil price was at 76.61 USD/barrel, down 0.68 USD/barrel, equivalent to a decrease of 0.88%. Brent oil was at 81.75 USD/barrel, down 0.74 USD/barrel, equivalent to a decrease of 0.90%.
Although the US, Iran and Oman are promoting negotiations to restore maritime traffic, the market remains cautious due to the risk of supply disruption and unresolved tensions in 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: 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 7 are as follows:
- E5 RON92 gasoline: not higher than 21,728 VND/liter (down 660 VND/liter compared to the current maximum selling price), lower than E10 RON95-III gasoline by 596 VND/liter.
- E10 RON95-III gasoline: not higher than 22,324 VND/liter (down 535 VND/liter compared to the current maximum selling price).
- Diesel oil 0.05S: not higher than 27,544 VND/liter (down 80 VND/liter compared to the current maximum selling price).
- 180CST 3.5S mazut oil: not higher than 16,391 VND/kg (down 87 VND/kg compared to the current maximum selling price).
Gasoline and oil selling prices of neighboring countries of 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.
