Gasoline prices today in the world

In the morning session of May 16, according to Vietnamese time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March, 2022 stood at 109.15 USD/barrel, up 0.52 USD/barrel. in session.

Brent oil price delivered in July 2022 stood at 112.15 USD/barrel, up 0.60 USD/barrel during the session.

It can be seen that oil prices continued to rise strongly today when the market was concerned about a major crude oil supply crisis due to the escalation of tensions between Russia and the EU over the supply of gas and oil. rough.

According to the broadcast, the decisions of Russia to stop supplying gas to many EU countries will force these countries to look for alternative sources of supply. This creates supply pressure on the market.

Petrol prices today on May 16: Continuing the strong increase 1

Meanwhile, global consumption demand is forecasted to recover strongly when the Covid-19 epidemic is brought under control in China and economic activities begin to recover, especially aviation and tourism.

In addition, the weakening USD also made oil prices boosted 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.

Petrol prices today on May 16: Continuing the strong increase 2

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.


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