World oil prices
In the international market, world oil prices rebounded strongly after a series of previous sharp declines. Updated at 7:30 a.m. Vietnam time, WTI oil prices increased by 0.70 USD/barrel, equivalent to 1.72%, to 63.05 USD/barrel. Brent oil prices also increased sharply by 2.66 USD/barrel, equivalent to 4.33%, reaching 65.48 USD/barrel.
The main driver of the rally was US President Donald Trump’s surprise decision to suspend tariffs for 90 days on most countries, except China. However, the ongoing trade tensions between the US and China, with retaliatory tariffs from both sides, continue to weigh on the global outlook.
In addition, OPEC+’s plan to increase production by more than 400,000 barrels per day in May and rising US crude inventories are also factors that make it difficult for oil prices to maintain a stable upward momentum. Some information shows that OPEC+ may consider delaying this plan if the market continues to fluctuate.
However, an oil spill that shut down the Keystone pipeline between Canada and the United States has provided some short-term support for oil prices. However, experts say the outlook for oil prices remains uncertain as the global economy faces the risk of recession.
Domestic gasoline prices
In the Vietnamese market, the price of E5 RON 92 gasoline was adjusted to 20,373 VND/liter, an increase of 341 VND. RON 95 gasoline also increased by 495 VND, reaching 20,919 VND/liter.
Oil products such as diesel, kerosene and mazut also recorded a slight increase from 124 to 261 VND/liter or kilogram.
The Ministry of Industry and Trade and the Ministry of Finance said that in this management period, no provisions were made and no expenditures were made from the Petroleum Price Stabilization Fund. The price adjustment was made based on fluctuations in world oil prices and the domestic market situation.
Source: https://baonghean.vn/gia-xang-dau-hom-nay-10-4-2025-dong-loat-tang-gia-10294805.html
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