According to a survey at 2:17 p.m. on July 15 (Vietnam time), WTI oil prices decreased by 0.49 USD/barrel (down 0.73%), down to 66.49 USD/barrel. Brent oil price decreased by 0.60 USD/barrel (down 0.87%), down to 68.61 USD/barrel.
World oil prices today fell after 50 days of US President Donald Trump asking Russia to end the conflict with Ukraine and stop war actions, reducing concerns about supply.
According to analysts, oil prices have previously increased due to concerns about potential sanctions. However, after the 50-day deadline was announced, hopes of avoiding sanctions appeared, easing the pressure.
For the domestic market, the Ministry of Industry and Trade said that the world petroleum market this time (from July 3, 2025 to July 9, 2025) is affected by main factors such as: escalating tensions in the Red Sea area; information about the new US import tax policy on goods from trading partners; increased US crude oil inventories; 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 management period, retail prices of gasoline may have a slight adjustment in the direction of decreasing gasoline prices and increasing oil prices, but the fluctuations are not significant.
In particular, the price of RON 95 - III gasoline is forecast to decrease by about 30 VND/liter; E5 RON 92 - II gasoline decreases by about 40 VND/liter; Diesel increases by about 140 VND/liter.
Domestic retail gasoline prices on July 15, 2025 will be applied according to the adjustment session from 3:00 p.m. on July 10 of the Ministry of Finance - Ministry of Industry and Trade.
In today's adjustment session (September 10), the price of E5 RON 92 gasoline increased compared to the previous adjustment period, priced at VND 19,659/liter (up VND 214/liter). RON 95-III gasoline price increased compared to the previous adjustment period, priced at VND 20,090/liter (up VND 184/liter).
Prices of oil products fluctuated in different directions. Of which, diesel 0.05S is priced at VND18,837/liter (up VND429/liter); kerosene has a new price of VND18,371/liter (up VND239/liter); mazut is priced at VND15,563/kg (down VND244/kg).
