Petrol prices today on April 14: Continuing to plunge without braking

Gasoline prices today in the world

In the trading session on April 8, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March 2022 stood at $103.23/barrel, down $0.56/barrel in session.

Brent oil price delivered in June 2022 stood at 108.41 USD/barrel, down 0.37 USD/barrel during the session.

It can be seen that, on April 14, crude oil prices tended to decrease sharply in the context that the market recorded not very optimistic forecasts about the prospect of global consumption.

Petrol prices today on April 14: Continuing to plunge without braking 1
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Moreover, in the face of the negative development of the Covid-19 epidemic in China – the world’s largest crude oil importer, the International Energy Agency has made a forecast that global consumption demand in 2022 will decrease sharply with previous forecast.

Besides, the news that crude oil inventories in the US increased sharply also caused oil prices today to tend to decrease sharply.

Along with that, the prospect of crude oil consumption is forecasted to continue to be difficult when global inflation is high, causing the long-lasting Russia-Ukraine conflict, which is expected to have a negative impact on the global economic recovery. bridge.

Petrol price today in the country

Gasoline price today

On April 1, the inter-Ministry of Industry and Trade – Finance reduced gasoline and oil prices according to an adjustment cycle every 10 days.

Accordingly, the price of gasoline E5 RON 92 decreased by 1,021 VND / liter with the maximum retail price of 27,309 VND / liter, the price of RON 95 gasoline was adjusted down by 1,039 VND / liter.

Gasoline prices today on April 14: Continuing to plunge without braking 2
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Oil price today

After adjustment, the maximum retail price for gasoline RON 95 is not higher than 29,190 VND/liter; E5 RON 92 gasoline is not higher than 28,330 VND/liter with the maximum retail price of 28,153 VND/liter.

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By Nguyen Manh Cuong

Nguyen Manh Cuong is the author and founder of the tvtoolsalteria blog. With over 14 years of experience in Online Marketing, he now runs a number of successful websites, and occasionally shares his experience & knowledge on this blog.

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