Gasoline prices today September 14: Mixed fluctuations

Today's fuel prices are fluctuating in opposite directions. (Illustrative image: PLX)

Today's world oil prices

World oil prices fluctuated in opposite directions during today's trading session (September 14th, Vietnam time). WTI crude oil was at $68.65 per barrel, down $0.32 per barrel, or 0.46%. WTI crude oil closed the previous trading session at $68.97 per barrel and opened today's session at $69.31 per barrel.

Brent crude oil was trading at $72.18 per barrel, up $0.21 per barrel, or 0.29%. Brent closed the previous trading session at $71.97 per barrel and opened today's session at $72.20 per barrel.

According to analysts, Hurricane Francine caused a drop of 730,000 barrels of oil production in the US Gulf of Mexico on September 12th, nearly 42% of the region's output. However, the impact of Hurricane Francine may not be long-lasting, as it quickly weakened after making landfall in Louisiana, and the oil market will soon shift its focus back to weak global demand.

In addition, this week, both the Organization of Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) lowered their forecasts for global demand growth, citing economic difficulties in China – the world's largest oil importer.

Domestic gasoline prices today

On September 14th, the retail prices of gasoline and diesel fuel, according to Petrolimex 's published price list in Zone 1 and Zone 2 (applied in 46 provinces and cities), are as follows:

Domestic fuel prices on September 14th, according to the price list published by Petrolimex.

The aforementioned domestic retail prices of petroleum products were adjusted by the Ministry of Finance and the Ministry of Industry and Trade at the price adjustment session on the afternoon of September 12th. Accordingly, the price of RON 95-III gasoline decreased by 1,190 VND/liter, E5 RON 92 gasoline decreased by 1,080 VND/liter, diesel fuel decreased by 930 VND/liter, kerosene retail price decreased by 934 VND/liter, and mazut fuel price decreased by 688 VND/kg.

Today's fuel discounts

The discounted prices of petroleum products today, September 14th, at some domestic gas stations are as follows:

PV Oil's discounts on September 14th are as follows: Diesel discount: 1,500 VND/liter; RON 95 - III gasoline: 1,150 VND/liter; E5 gasoline: 950 VND/liter.

Tu Luc fuel company's discounts on September 14th are as follows: Diesel: 1,450 VND/liter; RON 95 - III gasoline: 1,100 VND/liter; E5 gasoline: 900 VND/liter.

MIPEC fuel discounts on September 14th: RON 95 - III: 1,000 VND/liter; E5 gasoline: 800 VND/liter; diesel: 1,600 VND/liter.

Forecast of domestic gasoline and diesel prices for the next period.

According to a representative of a petroleum business, domestic gasoline and diesel prices will fluctuate according to the global oil situation. Based on current market developments, it is predicted that in the next price adjustment period, gasoline and diesel prices may be adjusted in opposite directions.

Since the beginning of the year, starting from the price adjustment on January 4th, gasoline prices have increased 17 times and decreased 19 times. Diesel prices have increased 16 times and decreased 20 times.

Source: https://laodong.vn/kinh-doanh/gia-xang-dau-hom-nay-149-bien-dong-trai-chieu-1394061.ldo