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Gasoline prices today in the world
In the morning session of May 14, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March, 2022 stood at $108.30/barrel, up $3.9/barrel. in session.
Brent oil price delivered in July 2022 stood at 111.19 USD/barrel, up 3.74 USD/barrel during the session.
It can be seen that crude oil prices rebounded sharply today when the market focused on the EU’s push to impose an embargo on Russian crude oil after Moscow announced it would stop supplying gas to Europe.
Concerns about the energy crisis in Europe, leading to a global energy supply shortage, are getting bigger and bigger when Ukraine recently decided to stop an important gas transit route through the country. causing the price of oil to rise sharply today.
Besides, because the forecast of global production growth decreased compared to previous forecasts, while the demand for oil remained positive, also boosted oil prices today.
Petrol price today in the country
Gasoline price today
On the afternoon of May 11, 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 1,490 VND/liter with a maximum retail price of 28,950 VND/liter. For gasoline RON 95 is also adjusted to increase by 1,550 VND / liter with the maximum retail price of 29,980 VND / liter. This is the consecutive price increase since the end of April. After this increase, the retail gasoline price in the country has set a new peak.
Oil price today
After adjustment, the selling price of diesel oil increased to 26,650 VND per liter, up 1,120 VND; kerosene is 25,160 VND per liter, an increase of 1,340 VND and fuel oil is 21,560 VND per kg.