According to a survey at 2:51 p.m. on June 9 (Vietnam time), WTI oil price decreased by 0.17 USD/barrel (down 0.26%), down to 64.41 USD/barrel. Brent oil price decreased by 0.21 USD/barrel (down 0.32%), down to 66.26 USD/barrel.
Assessing the prospects of the energy market, some major financial institutions have made notable comments. In particular, HSBC forecasts that OPEC+ can speed up the progress of oil production in August and September. This could increase downward pressure on Brent oil price expectations at $65/barrel in the fourth quarter of 2025.
Meanwhile, the analysis team led by Mr. Warren Patterson from ING said that the price difference between WTI and Brent oil is tending to narrow. The reason is the combination of OPEC+ increasing supply, the US crude oil production growth rate not being too strong, and the prospect of US production may decrease next year.
For the domestic market, a representative of a business enterprise said that gasoline prices will fluctuate according to the world gasoline situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may have opposite adjustments.
In particular, the price of RON 95 - III gasoline is forecast to increase by about 30 VND/liter; E5 RON 92 - II gasoline decreases by 30 VND/liter; Diesel increases by about 100-150 VND/liter.
Domestic retail gasoline prices on June 9, 2025 will be applied according to the adjustment session from 3:00 p.m. on June 5 of the Ministry of Finance - Ministry of Industry and Trade.
In yesterday's adjustment session (June 5), the price of E5 RON 92 gasoline increased compared to the previous adjustment period, at VND 19,263/liter (up VND 67/liter). RON 95-III gasoline price increased compared to the previous adjustment period, priced at VND19698/liter (up VND133/liter).
Prices of oil products fluctuated in different directions. Of which, diesel 0.05S is priced at VND17,420/liter (up VND284/liter); kerosene has a new price of VND17,284/liter (up VND176/liter); mazut is priced at VND16,178/kg (down VND86/kg).
