According to a survey at 8h40 on April 13 (Vietnam time), WTI oil price increased by 1.43 USD/barrel (up 2.38%), to 61.50 USD/barrel. Brent oil price increased by 1.43 USD/barrel (up 2.26%), to 64.76 USD/barrel.
According to the president of the Lipow Oil Associates - Mr. Andrew Lipow, the strict implementation of Iran's crude oil limitations will reduce the global supply.
The US energy information agency has lowered the global economic growth and warned that tariffs can put great pressure on oil prices. The agency has lowered the forecast of the US and the world oil demand this year and the following year.
Meanwhile, ANZ analysts forecast oil consumption will decrease by 1% if global economic growth decreases to less than 3%.
According to a representative of a petrol and oil business, the domestic petroleum price will fluctuate according to the world petroleum situation. According to the current development, forecasting in the next period of operating the price, the retail price of petrol and oil may continue to decrease.
In particular, the price of RON 95 gasoline can be reduced by about 600-800 VND/liter; E5 gasoline can decrease by 650-800 VND/liter; Diesel oil decreased by about 400-600 VND/liter.
Domestic petroleum retail price on April 13, 2025 was applied according to the adjustment session from 15:00 on April 10 of the Ministry of Finance - Ministry of Industry and Trade.
In the adjustment session on 10.4, E5 RON 92 gasoline price decreased compared to the previous adjustment period, priced at VND 18,882/liter (down VND 1,491/liter). RON 95-III gasoline price decreased compared to the previous adjustment period, priced at 19,207 VND/liter (down 1,712 dong/liter).
The price of oil products also decreased simultaneously. In particular, the 0.05S diesel oil costs 17,243 VND/liter (down 1,235 VND/liter); Galat oil has a new price of VND 17,413/liter (down VND 1,322/liter); Mazut oil costs 15,902 VND/kg (down 1,124 VND/kg).
