Petrol price today in the country

Gasoline price today

On the afternoon of December 25, the inter-Ministry of Industry and Trade – Finance adjusted the domestic retail petrol price to 22,550 VND per liter (up 470 VND); RON 95 is 23,290 VND per liter (up 490 VND).

In this operating period, the inter-Ministry of Industry and Trade – Finance does not use the Stabilization Fund for all gasoline and oil products. Instead, each liter of E5 RON 92 gasoline will be deducted 100 VND into the Stabilization Fund; RON 95 gasoline is 550 VND.

Petrol price today on January 10: A sharp drop in the first session of week 1

Oil price today

Kerosene is 16,510 VND per liter, up 190 VND. Diesel oil is 17,570 VND a liter, an increase of 240 VND. Particularly for mazut oil, the price remained the same as 15 days ago, at VND 15,740 per kg. In this operating period, oil products are also deducted from the fund 200-552 VND per liter, kg depending on type.​​

Gasoline prices today in the world

In the morning session of January 10, according to Vietnam time, on the New York Mercantile Exchange, according to Vietnam time, the price of WTI light sweet crude oil delivered in February 2022 stood at $78.53/barrel, down 0. .37 USD/barrel in session.

Meanwhile, the price of Brent oil delivered in March 2022 stood at $81.42/barrel, down 0.33 USD/barrel during the session.

Petrol price today on January 10: A sharp drop in the first session of week 2

It can be seen that, today’s oil price fell sharply in the context of weak demand and oil consumption prospects when the Covid-19 epidemic with Omicron variant increased hospitalizations and deaths in many countries. This situation has caused many countries to restrict travel.

Besides, the published US economic data also shows that the economy of this country is beginning to be affected by the Omicron variant.

In particular, oil demand in Europe also cooled down when the winter peak passed and gas prices cooled down.

While the demand side is not very optimistic, the supply is expected to continue to improve. It is the unbalanced supply and demand that has affected the demand for crude oil in the market, especially when Asian countries are preparing to enter the long Lunar New Year holiday.

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