Gasoline prices today in the world

In the morning session of January 1, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in February 2022 stood at $75.45/barrel, down $1.54/barrel. in session.

Meanwhile, the price of Brent oil delivered in March 2022 stood at 77.68 USD/barrel, down 1.85 USD/barrel during the session.

It can be seen that crude oil price dropped sharply today when the market received negative information about oil demand showing signs of weakening.

Gasoline prices today January 1, 2021: Sudden plunge without braking 1

Specifically, market sources show that, after reducing the price of oil sold to Middle Eastern countries, Saudi Arabia may set up strong discounts for Asian customers in February 2022. Especially. , Riyadh is expected to lower the official selling price (OSP) after having raised prices for all grades for delivery in January 2022. However, Riyadh is still waiting for the next OPEC+ meeting scheduled.​ on January 4, 2022 to establish its strategy.

Besides, the market is concerned about a sharp drop in energy demand, including crude oil, when Asia is entering the extended 2022 Lunar New Year holiday.

While the demand for crude oil is still falling sharply, the supply is forecasted to be added in the near future. Specifically, OPEC + will meet on January 4, 2022 to discuss output policy, the possibility that OPEC + will not change its plan to increase production in February 2022 despite the complicated epidemic and uncertainties. cadastral stabilization is still happening.

Petrol price today in the country

Gasoline price today

On the afternoon of December 25, the inter-Ministry of Industry and Trade – Finance adjusted the domestic retail petrol price to 22,550 VND per liter (up 470 VND); RON 95 is 23,290 VND per liter (up 490 VND).

Petrol prices today January 1, 2021: Suddenly plummeted without braking 2

In this operating period, the inter-Ministry of Industry and Trade – Finance does not use the Stabilization Fund for all gasoline and oil products. Instead, each liter of E5 RON 92 gasoline will be deducted 100 VND into the Stabilization Fund; RON 95 gasoline is 550 VND.

Oil price today

Kerosene is 16,510 VND per liter, up 190 VND. Diesel oil is 17,570 VND per liter, an increase of 240 VND. Particularly for mazut oil, the price remained the same as 15 days ago, at VND 15,740 per kg. In this operating period, oil products are also deducted from the fund 200-552 VND per liter, kg depending on type.​​


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