According to a survey at 11:22 on June 10 (Vietnam time), WTI oil price increased by 0.14 USD/barrel (up 0.21%), to 65.43 USD/barrel. Brent oil price increased by 0.15 USD/barrel (up 0.22%), to 67.19 USD/barrel.
According to experts from Goldman Sachs, oil prices have recovered thanks to more optimistic market sentiment as trade tensions between the US and China show signs of cooling down, along with positive employment data from the US. Meanwhile, energy supplies in North America are under threat due to widespread forest fires in Canada.
In another development, Iran is expected to respond to the US nuclear proposal with a countermeasure, after calling the current proposal unacceptable. However, there are still many differences between the two sides, especially on whether Iran can continue to enrich uranium in the country.
As the third-largest oil producer in OPEC, any US US US blockade easing move on Iran could help the country increase oil exports, thereby putting downward pressure on the global crude oil market.
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.
Of which, RON 95 - III gasoline price is forecast to increase by about 170 VND/liter; E5 RON 92 - II gasoline increases by about 110 VND/liter; Diesel increases by about 270 VND/liter.
Domestic retail gasoline prices on June 10, 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).
