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Gasoline price today October 15: Continue to decrease

World and domestic oil prices fell simultaneously as US-China tensions escalated. IEA warned of oversupply and weak demand.

Báo Đà NẵngBáo Đà Nẵng15/10/2025

World oil price developments

On October 15, 2025, world oil prices fell more than 2% as trade tensions between the US and China continued to escalate. According to data from Oilprice at 4:30 a.m. (Vietnam time), Brent oil prices were at $62.35/barrel, down 1.53% or $0.97/barrel. Meanwhile, WTI oil prices fell to $58.75/barrel, down 1.24% or $0.74/barrel.

Gasoline price on October 15: Continued decrease

According to Reuters, Brent and WTI oil prices have fallen to their lowest levels in the past 5 months. Although they recorded a slight recovery at the beginning of the week, the market quickly reversed due to risk aversion as the trade conflict between the world's two largest economies became increasingly tense.

Giovanni Staunovo, an analyst at UBS, said the latest report from the International Energy Agency (IEA) added to the market’s pessimism. The report warned of the possibility of a prolonged oversupply as demand weakens, adding pressure on oil prices in the coming time.

Domestic gasoline prices today

In Vietnam, this morning's gasoline prices were adjusted periodically by the Ministry of Industry and Trade - Ministry of Finance from 3:00 p.m. on October 9. E5RON92 gasoline price decreased by 486 VND/liter, to 19,138 VND/liter; RON95-III gasoline decreased by 480 VND/liter, to 19,729 VND/liter.

Diesel price also decreased by 434 VND/liter, down to 18,604 VND/liter; kerosene decreased by 571 VND/liter, down to 18,434 VND/liter; fuel oil decreased by 562 VND/kg, selling price at 14,808 VND/kg. The Joint Ministry did not set aside and did not spend the Price Stabilization Fund during this management period.

Petroleum market outlook

Experts predict that oil prices will continue to fluctuate unpredictably in the coming time due to the influence of geopolitical tensions, US-China tariff policies and OPEC+ supply developments. Weakening global energy demand may put the market under further downward pressure in the short term, before stabilizing if production regulation measures are effective.

Source: https://baodanang.vn/gia-xang-dau-hom-nay-15-10-tiep-tuc-giam-3306374.html


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