Gasoline prices today in the world

In the morning session of May 20, according to Vietnam time, on the New York Mercantile Exchange, the price of WTI light sweet crude oil delivered in March, 2022 stood at $105.81/barrel, down $1.23/barrel. in session. Compared to the same time on May 19, the price of WTI oil delivered in July 2022 has decreased by $5.14/barrel.

Brent oil price delivered in July 2022 stood at 108.49 USD/barrel, down 0.62 USD/barrel in the session and down to 5.03 USD compared to the same period on 18/5.

It can be seen that today’s oil price dropped sharply in the context that the market recorded many indicators of the global economic recession, thereby negatively affecting the demand for energy consumption, including crude oil. .

Petrol prices today on May 20: Continue to plunge sharply 1
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In addition, the market is concerned that global inflation is unlikely to be controlled in a short time and the decisions to raise interest rates by central banks will further slow down the global economic recovery as well. affect oil prices today.

In addition, the EU’s difficulty in reaching a consensus on imposing an embargo on Russian crude also put pressure on oil prices to drop sharply 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 20: Continue to plummet 2
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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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