According to a survey at 08:10 on March 31, world oil prices fluctuated in opposite directions. WTI oil price was at 104.48 USD/barrel, up 1.6 USD/barrel, equivalent to an increase of 1.56%. Brent oil was at 108.62 USD/barrel, down 0.17 USD/barrel, equivalent to a decrease of 0.16%.
According to the Ministry of Industry and Trade, the world gasoline and oil market in this operating period is affected by key factors such as: Military conflict between the US, Israel and Iran continues to take place; information about US-Iran negotiations to end the conflict; US crude oil inventories increase sharply; military conflict between Russia and Ukraine still takes place... The above factors caused world finished gasoline and oil prices on March 25, 2026 to fluctuate downwards.
In the operating session on March 26, 2026, gasoline and oil prices are as follows:
- E5RON92 gasoline: not higher than 23,326 VND/liter.
- RON95-III gasoline: not higher than 24,332 VND/liter.
- Diesel oil 0.05S: not higher than 35. 440 VND/liter.
not higher than 35. 384 VND/liter.
- 180CST 3.5S mazut oil: not higher than 21, 748 VND/kg.
With the world gasoline and oil situation, gasoline and oil enterprises in Vietnam are proactively increasing reserves and diversifying supply sources to ensure the stability of the domestic market.
Accordingly, Vietnam National Group of Industry and Energy (Petrovietnam) determines to optimize crude oil production and gasoline production, contributing to ensuring national energy security. Petrovietnam has proactively deployed synchronous solutions to respond and flexibly manage production and business activities.
With the support of Petrovietnam, Nghi Son Refinery and Petrochemical Plant has accelerated the diversification of crude oil supply sources, thereby improving flexibility in selecting alternative sources, limiting interruption risks and ensuring stable operation.
Regarding Binh Son Refining and Petrochemical Joint Stock Company (BSR), General Director Nguyen Viet Thang said that in the past time, BSR has synchronously implemented solutions to stabilize and improve the production and business efficiency of Dung Quat Oil Refinery in the context of a strongly volatile energy market due to the war in Iran.
Accordingly, in the first quarter of 2026, BSR operated Dung Quat Oil Refinery safely and stably at high capacity, reaching 123.5% of conversion capacity. Production output reached 2.03 million tons of products of all kinds (reaching 105% of the management plan); consumption output reached 2.02 million tons (reaching 113% of the plan).
BSR General Director Nguyen Viet Thang said that the unit has proposed many scenarios and solutions and basically fully prepared raw materials and intermediate materials for Dung Quat Oil Refinery to operate at a capacity of 123.5% of the converted capacity. The company has increased cooperation in the linkage chain such as hiring processing at Phu My Condensate Plant, purchasing high RON components (E100, Reformate, RON additive...) for blending to maximize the output of gasoline supplied to the market (about 38,500 m3), especially during the market period of scarcity of supply.
Regarding raw materials for May and June, BSR has prepared about 2.3 million barrels of Vietnamese oil, of which about 0.6 million tons in May and 1.6 million tons in June. Along with that, BSR continues to buy about 20 - 30 thousand tons/month of intermediate raw materials and about 10 thousand tons/month of high RON components to increase capacity and increase Mogas 95 production.
