Oil prices today May 25, 2025: World oil prices increased today as fuel demand in the US entered a period of high growth, while the market was concerned about the not-so-optimistic results in the latest round of nuclear negotiations between the US and Iran.
Gasoline price today May 25, 2025
Recorded on Oilprice at 4:30 a.m. on May 25, 2025 (Vietnam time), Brent oil price was at 65.03 USD/barrel, up 0.53% (equivalent to an increase of 0.34 USD/barrel).
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| Brent oil price on the world market in the early morning of May 25, 2025 (Vietnam time) |
Similarly, WTI oil price was at 61.76 USD/barrel, up 0.54% (equivalent to an increase of 0.33 USD/barrel).
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| WTI oil price on the world market in the early morning of May 25, 2025 (Vietnam time) |
Oil prices ended the last trading session of the week (May 23) slightly higher as US buyers protected positions ahead of the three-day Memorial Day holiday and due to concerns about the latest round of nuclear negotiations between the US and Iran.
According to Reuters, Memorial Day this year falls on May 26 (the last Monday of May). The three-day holiday (starting on May 24) will kick off the summer driving season in the US, which is typically the time of year when fuel demand is at its highest.
US and Iranian negotiators met in Rome on May 23 for a new round of talks aimed at curbing Iran's nuclear program, but there was no sign of progress toward a deal. Traders fear that crude supplies could be disrupted if talks fail to reach a deal, as this would further stoke geopolitical tensions in the Middle East.
According to experts, the oil market is currently under pressure from two factors, including the expected impact of global trade on oil demand and the move by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to increase supply again this summer.
OPEC+ will meet next week and is expected to increase production by 411,000 barrels per day in July. The group could cancel the remainder of its voluntary production cut agreement of 2.2 million barrels per day at the end of October, after having increased its production target by about 1 million barrels per day for three months (April, May, June).
Domestic gasoline prices today, May 25, 2025
Domestic retail gasoline prices on May 25, 2025 will be applied according to the adjustment session from 3:00 p.m. on May 22 by the Ministry of Finance - Ministry of Industry and Trade.
| Item | Price (VND/liter/kg) | Difference from previous period |
| E5 RON 92 gasoline | 19,122 | -58 |
| RON 95 gasoline | 19,532 | -62 |
| Diesel | 17,405 | +177 |
| Oil | 17,314 | +88 |
| Fuel oil | 16,512 | +352 |
Specifically, the price of E5 RON 92 gasoline decreased by 58 VND/liter, down to 19,122 VND/liter; RON 95 gasoline decreased by 62 VND/liter, down to 19,532 VND/liter.
However, in this adjustment period, the price of diesel 0.05S increased by 177 VND/liter, to 17,405 VND/liter; kerosene increased by 88 VND/liter, to 17,314 VND/liter; and the price of mazut 180CST 3.5S increased by 352 VND/kg, to 16,512 VND/kg.
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| Gasoline prices today May 25, 2025. Photo by Dinh Tuan |
In this operating period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and mazut oil.
Thus, since the beginning of 2025, domestic gasoline prices have undergone 21 adjustment sessions, including 9 decrease sessions, 8 increase sessions and 4 opposite sessions.
Source: https://congthuong.vn/gia-xang-dau-hom-nay-25052025-tang-nhe-389166.html
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