Gasoline and oil prices forecast to decrease by 2,800 VND/liter this afternoon

Thạch Lam |

It is predicted that in the price adjustment period this afternoon, June 18, gasoline and oil prices will simultaneously decrease sharply.

Regarding domestic gasoline and oil prices, a representative of a business said that in this afternoon's operating period, gasoline and oil prices may simultaneously decrease sharply from 1,000 - 2,000 VND/liter. In which, E10 gasoline decreased by about 1,000 VND/liter; E5 RON 92 - II gasoline decreased by about 1,200 VND/liter; Diesel oil decreased by about 2,800 VND/liter.

For world oil prices at 9:00 am, they continued to fall deeply. WTI oil price was at 75.57 USD/barrel, down 1.22 USD/barrel, equivalent to a decrease of 1.59%. Brent oil was at 78.37 USD/barrel, down 1.18 USD/barrel, equivalent to a decrease of 1.48%.

Oil prices fell in early Thursday's trading session after the US and Iran signed a temporary agreement to end the Iran war, reopen the Strait of Hormuz and lift US sanctions on Tehran's oil, addressing the largest energy supply disruption in history.

Standards continue to fall, reversing the upward momentum achieved on Wednesday after US President Donald Trump declared he could resume the bombing campaign if Iranian leaders "do not behave properly".

According to market analyst Tony Sycamore of IG, the sell-off continues as the energy market continues to strongly reflect expectations of a faster-than-expected return of Iranian oil supplies after the recent memorandum of cooperation between the US and Iran.

The selling prices of popular consumer gasoline and oil items on the market on June 17 are as follows:

- E5 RON92 gasoline: not higher than 21,332 VND/liter;

- E10 RON95-III gasoline: Region 1 is at 22,060 VND/liter; Region 2 is at 22,500 VND/liter.

- E10 RON95-V gasoline: Region 1 at 22, 960 VND/liter; Region 2 at 23, 410 VND/liter.

- Diesel oil 0.05S: not higher than 25,877 VND/liter;

- 180CST 3.5S mazut oil: not higher than 18,608 VND/kg.

Comparing Vietnam's gasoline and oil prices with neighboring countries in the most recent operating session on June 11, 2026:

- Regarding gasoline prices: Thailand: 34,560 VND/liter (Government subsidies); Cambodia: 30,743 VND/liter (Government subsidies); Laos: 37,560 VND/liter; China: 33,948 VND/liter (Government price control); Vietnam: 21,332 VND/liter.

- Regarding oil prices: Thailand: 33,505 VND/liter (Government subsidies); Cambodia: 33,033 VND/liter; Laos: 33,144 VND/liter; China: 30,893 VND/liter (Government price control); Vietnam: 25,877 VND/liter.

Thạch Lam
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