Gasoline prices are expected to increase by 400-500 VND/liter in the next management session.

In the first trading session of last week, oil prices increased by nearly 2 USD to the highest level in more than 1 month. Oil prices climbed more than 1% in the second trading session due to escalating geopolitical risks in Europe and the Middle East.

Oil prices were almost flat in the third trading session of the week. In the last trading session of the week, oil prices fell about 1%. At the end of the week, WTI crude oil prices reached 80.59 USD/barrel. Meanwhile, Brent crude oil prices reached 85.07 USD/barrel.

In the United States, the world's biggest oil consumer, business activity rose to a 26-month high in June amid a rebound in employment, but price pressures eased significantly, raising hopes that subdued inflation may be sustained.

Market sources cited data from the American Petroleum Institute (API) showing that US crude oil inventories rose by 2.264 million barrels in the week ended June 14, contrary to analysts' expectations for a decrease of 2.2 million barrels.

In the domestic market, speaking with Lao Dong, a petroleum business in Hanoi said that in the upcoming adjustment period (Thursday, June 27), the price of E5RON95 gasoline, RON95 gasoline, and DO oil is expected to increase by about 400-500 VND/liter. The above forecast price does not take into account the management or allocation of the Petroleum Price Stabilization Fund by the authorities.

In the Vietnamese market, on June 23, the price of gasoline on the market is not higher than the price:

- E5RON92 gasoline: no higher than VND 21,508/liter.

- RON95-III gasoline: no higher than VND 22,466/liter.

- Diesel 0.05S: not higher than 20,360 VND/liter.

- Kerosene: not higher than 20,356 VND/liter.

- 180CST 3.5S diesel oil: not higher than 17,223 VND/kg.

Source: https://laodong.vn/kinh-doanh/gia-xang-dau-duoc-du-bao-tang-400-500-donglit-trong-phien-dieu-hanh-toi-1356618.ldo