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Gasoline prices today in the world
In the morning session of May 28, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March, 2022 stood at 116.44 USD/barrel, up 0.38 USD/barrel. in session. Compared with the same time on 6/6, the price of WTI oil delivered in August 2022 has decreased by 1.36 USD/barrel.
Brent oil price delivered in August, 2022 stood at 119.89 USD/barrel, up 0.38 USD/barrel in the session but fell to 1.47 USD compared to the same time on 6/6.
It can be seen that, crude oil price turned to increase slightly today when the possibility of oil supply shortage is increasing in the context that oil demand is forecasted to recover strongly and supply is tighter. The EU’s embargo on Russian crude has led these countries to look for alternative sources.
Although the US has allowed two oil tankers to transport Venezuelan crude oil to Europe to reduce the pressure of oil supply shortage there, experts say that the supply of Venezuelan oil is not enough to make up for the shortfall in oil in Europe. Europe.
While the supply is in short supply, the demand for consumption has increased sharply when China has removed epidemic prevention measures and countries have entered the peak season.
In addition, the news that Saudi Arabia increased the price of oil sold to Asian countries, a move that showed that the oil supply situation was tightening, causing oil prices to increase sharply today.
Petrol price today in the country
Gasoline price today
On the afternoon of June 1, 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 600 VND/liter with a maximum retail price of 30,230 VND/liter. For gasoline RON 95 is also adjusted up by 920 VND/liter with a maximum retail price of 31,570 VND/liter. This is the 5th consecutive price increase.
Oil price today
Not only increasing the price of gasoline, but also oil products, at this operating period, the inter-Ministry also decreased sharply. Specifically, the selling price for diesel oil is 26,390 VND/liter, kerosene is 25,340 VND/kg, fuel oil is 20,900 VND/kg.