According to a survey at 11:28 PM on January 23, world gasoline and oil prices simultaneously increased. WTI crude oil price increased by 0.35 USD/barrel (up 0.59%), to 59.71 USD/barrel. Brent oil price increased by 0.35 USD/barrel (up 0.55%), to 64.41 USD/barrel.
Oil prices on Friday, after US President Donald Trump reaffirmed tough warnings against Iran – one of the largest oil producers in the Middle East – thereby raising concerns about the risk of military action that could disrupt global supply.
In the price regulation period last week, the Ministry of Industry and Trade said that the world gasoline and oil market in this regulation period (from January 15, 2026 - January 21, 2026) is affected by key factors such as: the risk of disruption of oil supply from Iran; slow oil export progress of Venezuela; disruption of oil exploitation activities of Kazakhstan; tensions between the United States and Europe on the Greenland issue; military conflict between Russia and Ukraine continues... The above factors have caused world gasoline and oil prices in recent days to increase and decrease depending on each item.
Regarding the domestic market, 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 predicted that in the next price adjustment period, retail gasoline and oil prices may increase.
In the adjustment session last week (January 22, 2026), gasoline prices simultaneously decreased compared to the previous week's price adjustment period. In which, E5 RON 92 gasoline has a price of 18,283 VND/liter (down 93 VND/liter). RON 95-III gasoline has a price of 18,631 VND/liter (down 81 VND/liter).
Prices of oil products simultaneously increased. Diesel 0.05S priced at 17,700 VND/liter (up 413 VND/liter); kerosene had a new price of 17,950 VND/liter (up 253 VND/liter); mazut oil 180CST 3.5S priced up 471 VND/kg).
