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Gasoline prices today in the world
In the morning session of June 15, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude for March delivery stood at $115.62 per barrel, down $0.64 per barrel. in session. Compared to the same time on June 14, the price of WTI oil delivered in August 2022 has decreased by 2.31 USD/barrel.
Brent oil price delivered in August 2022 stood at 120.58 USD/barrel, down 0.59 USD/barrel in the session but down to 1.32 USD compared to the same period on 14/6.
It can be seen that oil prices continued to fall sharply today as the outlook for global oil consumption became increasingly negative amid the growing risk of an economic recession. The wave of inflation is increasing and becoming an obsession for many countries outside the US and Europe.
The reason for the escalation of inflation is that energy and food prices are soaring, reaching multi-year record highs.
Moreover, the forecast of consumption demand in China is declining as many anti-epidemic measures in the country are being implemented.
Along with that, the sharp drop in the USD thanks to the expectation that the Fed will raise interest rates also made crude oil prices continue to fall sharply today.
Petrol price today in the country
Gasoline price today
On the afternoon of June 13, the Ministry of Industry and Trade – Finance decided to adjust the retail gasoline price every 10 days.
In this adjustment period, the inter-Ministry decided to increase E5 RON 92 gasoline to 880 VND/liter with a maximum retail price of 31,110 VND/liter. For gasoline RON 95 is also adjusted to increase by 800 VND/liter with a maximum retail price of 32,370 VND/liter. This is the 6th consecutive price increase.
Oil price today
Selling price for diesel oil is 29,020 VND/liter, kerosene is 27,830 VND/kg. Meanwhile, fuel oil decreased to 20,350 VND/kg. During this adjustment period, the governing body spends on stabilizing funds with gasoline and oil at VND 100-400/liter, excluding fuel oil.