Gasoline and oil prices forecast to reverse upwards after 3 consecutive weeks of decline

Thạch Lam |

It is predicted that gasoline and oil prices in the price adjustment session on Thursday next week may reverse and increase slightly.

According to a survey at 3:44 PM on December 26, world gasoline and oil prices simultaneously increased slightly. WTI crude oil price increased by 0.09 USD/barrel (up 0.15%), to 58.44 USD/barrel. Brent oil price increased by 0.04 USD/barrel (up 0.06%), to 62.28 USD/barrel.

Oil prices edged up in the last session of the week, as the United States puts stronger economic pressure on Venezuelan oil shipments and conducts airstrikes against Islamic State militants in Nigeria's Sokoto state, in coordination with the country's government.

According to the Ministry of Industry and Trade, the world gasoline and oil market in the past week's operation (from December 18, 2025 - December 24, 2025) was affected by key factors such as: Prospects for a peace agreement between Russia and Ukraine; tensions in relations between the United States and Venezuela, the United States blocking Venezuelan oil tankers; military conflict between Russia and Ukraine continues, the two sides continue to attack each other's energy infrastructure... The above factors have caused world gasoline and oil prices in recent days to increase and decrease depending on each item.

A representative of a gasoline and oil business said that it will fluctuate according to the world gasoline and oil situation. According to current market developments, it is forecast that in the next price adjustment period, retail gasoline and oil prices may reverse upwards after 3 consecutive price adjustment sessions.

In the adjustment session last week (December 25), gasoline prices simultaneously decreased. In which, E5 RON 92 gasoline priced at 18,716 VND/liter (down 523 VND/liter). RON 95-III gasoline priced at 19,006 VND/liter (down 614 VND/liter).

The prices of oil products also decreased simultaneously. Diesel 0.05S priced at 17,257 VND/liter (down 219 VND/liter); kerosene had a new price of 17,709 VND/liter (down 228 VND/liter); mazut oil 180CST 3.5S priced at 13,382 VND/kg (up 222 VND/kg).

Thạch Lam
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