Unexpected forecast of gasoline price developments next week

Thạch Lam |

It is forecasted that in the operating period next week, gasoline prices are likely to increase slightly.

According to a survey at 1:58 p.m. on July 4 (Vietnam time), WTI oil prices decreased by 0.21 USD/barrel (down 0.31%), down to 66.79 USD/barrel. Brent oil price decreased by 0.31 USD/barrel (down 0.45%), down to 68.49 USD/barrel.

World oil prices continued to decline on Friday after Iran reaffirmed its commitment not to disseminate nuclear weapons and in the context of expectations that major producers will agree to increase production this weekend.

According to information from the Ministry of Industry and Trade, the world petroleum market this week (from June 26, 2025 to July 2, 2025) is affected by main factors such as: OPEC+ plans to increase oil exploitation output in August; Iran announced the suspension of cooperation with the International Atomic Energy Agency (IAEA); US crude oil reserves increased; military conflict between Russia and Ukraine continues... The above factors have caused world petroleum prices to fluctuate in recent days depending on each commodity.

According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may increase slightly.

Domestic retail gasoline prices on July 4, 2025 will be applied according to the adjustment session from 3:00 p.m. on July 3 of the Ministry of Finance - Ministry of Industry and Trade.

In the adjustment session on July 3, the price of E5 RON 92 gasoline decreased compared to the previous adjustment period, at VND19,545/liter (down VND1,085/liter). RON 95-III gasoline price decreased compared to the previous adjustment period, at VND19 906/liter (down VND1,210/liter).

Prices of oil products also decreased simultaneously. Of which, diesel 0.05S is priced at VND18,408/liter (down VND941/liter); kerosene has a new price of VND18,132/liter (down VND932/liter); mazut is priced at VND15,807/kg (down VND1,148/kg).

Thạch Lam
TIN LIÊN QUAN

RON 95 gasoline price drops sharply by 1,210 VND/liter

|

Gasoline prices have decreased simultaneously from 3:00 p.m. today (September 3), after adjustments by the Ministry of Industry and Trade - Ministry of Finance.

Forecast of sharp decrease in gasoline prices from 1,000-1,540 VND/liter

|

It is forecasted that in this afternoon's price adjustment period, gasoline prices may reverse and decrease sharply by VND 1,000-1,440/liter.

RON 95 gasoline price forecast to drop sharply by 1,440 VND/liter

|

It is forecasted that in this week's price adjustment period, gasoline prices may turn down sharply from 1,000-1,540 VND/liter.

Hai Phong Police rescue 4 family members from fire

|

Hai Phong - 4 people in the family, including 1 grandmother and 2 young grandchildren, were rescued from the fire by the Fire Police force.

Working atmosphere at the most populous public administrative service center in the country

|

An Giang - The Rach Gia Ward Public Administration Service Center has received 2,896 records after 2 weeks of operation according to the 2-level local government model.

Hon Trung - The bird sanctuary is strictly protected in Con Dao

|

Ho Chi Minh City - Hon Trung is a testament to the conservation efforts of Con Dao National Park. This place is considered a sanctuary for migratory seabirds.

Israel reports technical errors in firing missile at Gaza child

|

The Israeli missile fell from target, killing 6 children while taking water at the Nuseirat refugee camp in Gaza.

Son Hai Group affirms that there are unusual signs in the case of a highway construction that cracked a house

|

Khanh Hoa - In response to people's complaints about their houses cracked due to highway construction, Son Hai Group reported to the Ministry of Construction that the incident showed signs of abnormality.

RON 95 gasoline price drops sharply by 1,210 VND/liter

Thạch Lam |

Gasoline prices have decreased simultaneously from 3:00 p.m. today (September 3), after adjustments by the Ministry of Industry and Trade - Ministry of Finance.

Forecast of sharp decrease in gasoline prices from 1,000-1,540 VND/liter

Thạch Lam |

It is forecasted that in this afternoon's price adjustment period, gasoline prices may reverse and decrease sharply by VND 1,000-1,440/liter.

RON 95 gasoline price forecast to drop sharply by 1,440 VND/liter

Thạch Lam |

It is forecasted that in this week's price adjustment period, gasoline prices may turn down sharply from 1,000-1,540 VND/liter.