Gasoline prices today in the world

In the morning session of June 16, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March 2022 stood at $114.10 per barrel, up $1.01 per barrel. in session.

Brent oil price delivered in August 2022 stood at 119.48 USD/barrel, up 0.97 USD/barrel during the session.

It can be seen that today’s oil price increased sharply in the context that the crude oil market recorded an expectation that global oil demand would recover strongly in the second half of 2022 and 2023, despite the slowing global economic growth. signs of slowing down.

Gasoline prices today on June 16: Suddenly turned around after having just decreased by 1

According to the International Energy Agency (IEA), high oil prices in the first half of 2022 despite weaker economic growth are expected to set the stage for a strong recovery in oil demand in the second half of the year.

Besides, the weakening USD along with the Chinese economic news that recorded many positive data made oil prices increase strongly 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.

Gasoline prices today on June 16: Suddenly turned around after dropping 2

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.​


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