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Gasoline prices today in the world
In the morning session of May 7, according to Vietnamese time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March, 2022 stood at $101.42/barrel, down $0.35/barrel. in session. Compared to the same time on May 9, the price of WTI oil delivered in July 2022 has decreased by 8.34 USD/barrel.
Brent oil price delivered in July 2022 stood at $104.73/barrel, down $1.21/barrel during the session but down $7.13 compared to the same period on May 9.
It can be seen that the world oil price dropped sharply today in the context that the market continued to record negative information about the prospect of global oil consumption.
According to recorded information, trade activities of China – the world’s largest crude oil importer suddenly plummeted when global demand declined and Shanghai and many industrial centers had to close. due to strict anti-epidemic measures.
Data shows that in April 2022, China’s crude oil imports fell by 4.8% from a year earlier.
Crude oil prices unexpectedly fell today as the market worried about the risk of a global recession was also growing stronger as most markets were facing fears of a central bank interest rate hike. countries to control inflation.
Besides, due to psychological pressure from the stock market plunge and a stronger dollar, reaching a 20-year high also affected crude oil prices today.
Petrol price today in the country
Gasoline price today
On the afternoon of May 4, the Ministry of Industry and Trade – Finance decided to adjust retail gasoline prices every 10 days.
During this adjustment period, the inter-Ministry decided to increase E5 RON 92 gasoline to 334 VND/liter with a maximum retail price of 27,460 VND/liter. For gasoline RON 95 is also adjusted up 442 VND / liter with a maximum retail price of 28,430 VND / liter.
Oil price today
After adjustment, the maximum retail price of 0.05S diesel oil increased to VND 25,530/liter, an increase of VND 171; kerosene remained at 23,820 VND/liter as in the previous operating period; fuel oil 180CST 3.5S, adjusted down 240 VND/kg with the current price of 21,560 VND/kg.