According to a survey at 14:35 on June 30 (Vietnam time), WTI oil prices decreased by 0.26 USD/barrel (down 0.40%) to 65.52 USD/barrel. Brent oil price decreased by 0.12 USD/barrel (down 0.18%), down to 66.68 USD/barrel.
According to experts, the market has reduced most of the geopolitical risk factor after the ceasefire between Iran and Israel. Four OPEC+ delegates, including allies of the Organization of the Petroleum Exporting Countries, said the group would increase production by 411,000 barrels per day in August, after increasing similar production in May, June and July.
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 adjustment period, retail prices of gasoline may decrease sharply.
In particular, the price of RON 95 - III gasoline is forecast to decrease by about 1,200-1,300 VND/liter; E5 RON 92 - II gasoline decreases by about 1,100-1,200 VND/liter; Diesel oil decreases by about 850-950 VND/liter.
Domestic retail gasoline prices on June 30, 2025 will be applied according to the adjustment session from 3:00 p.m. on June 26 of the Ministry of Finance - Ministry of Industry and Trade.
In the adjustment session on June 26, the price of E5 RON 92 gasoline increased compared to the previous adjustment period, at VND20,511/liter (up VND280/liter). RON 95-III gasoline price increased compared to the previous adjustment period, priced at VND 21,507/liter (up VND 263/liter).
Prices of oil products have also increased simultaneously. Of which, diesel 0.05S is priced at VND19,5707/liter (up VND511/liter); kerosene has a new price of VND19417/liter (up VND494/liter); mazut is priced at VND17,269/kg (down VND374/kg).
