Gasoline and oil prices are forecast to fluctuate tomorrow (September 11).

According to the gasoline and oil price forecast model of the Vietnam Petroleum Institute (VPI), in the operating period on September 11, retail gasoline prices may decrease slightly by 0.2 - 0.5%.

Gasoline prices are expected to decrease slightly in the price adjustment on September 11th. Photo: TH

According to Mr. Doan Tien Quyet, a data analyst at VPI, a model applying artificial neural networks and supervised learning algorithms in machine learning predicts that the retail price of E5 RON 92 gasoline could decrease by 101 dong (0.5%) to 19,749 dong/liter, while RON 95-III gasoline could decrease by 45 dong (0.2%) to 20,385 dong/liter.

During this period, retail oil prices showed mixed trends; specifically, fuel oil prices may decrease by 2.8% to 14,940 VND/kg, while diesel prices increased slightly by 1.1% to 18,673 VND/liter and kerosene increased slightly by 0.2% to 18,347 VND/liter.

The Ministry of Finance and the Ministry of Industry and Trade will continue to refrain from allocating to or using the fuel price stabilization fund this time around.

On the world market today (September 10), crude oil prices continued their positive trend, with WTI oil fluctuating around $62.40-$63.15 per barrel, an increase of approximately 0.22-0.83% compared to the previous session.

The market is showing signs of recovery after a period of price declines over the past month. Both WTI and Brent have recorded consecutive gains recently. However, in the long term, oil prices remain lower than they were in 2024, reflecting the challenges facing the global energy market.

Source: https://hanoimoi.vn/du-bao-gia-xang-dau-tang-giam-trai-chieu-trong-ngay-mai-11-9-715622.html