Domestic gasoline prices today February 25, 3
In the domestic market, the selling prices of gasoline and oil today, February 25, are applied according to the prices of the operating session on the afternoon of February 3.
Accordingly, the retail prices of petroleum products were adjusted by the Ministry of Finance and Industry and Trade in the direction of sharply increasing gasoline prices.
Specifically, the price of E5 gasoline was raised to 23.210 VND/liter. RON95 gasoline price increased to 24.280 VND/liter.
Meanwhile, the retail price of diesel increased to 21.010 VND/liter. The price of kerosene increased to 21.260 VND/liter.
Retail price of petrol today:
| Items | Price from August 21 (unit: VND/liter) | Compared to the previous period |
| Petrol RON 95-III | 24.280 | + 740 |
| E5 RON 92-II gasoline | 23.210 | + 720 |
| Diesel oil | 21.010 | + 470 |
| Fuel | 21.260 | + 560 |
World petrol price today 25/3/2024
On the world market, gasoline prices today, March 25, regained their upward momentum after 3 plummeting sessions last weekend.
Data from Oilprice shows that at 8:56 a.m. on February 25 (Vietnam time), Brent oil price was trading at 3 USD/barrel, up 85,88 USD, equivalent to 0,45% compared to the previous session. immediately before. WTI oil price was at 0,53 USD/barrel, an increase of 81,11 USD, equivalent to 0,48% compared to the previous session.
World gasoline prices last week recorded a week of mixed movements with Brent increasing slightly and WTI oil slightly decreasing.
The main factors affecting oil price fluctuations last week were the decrease in crude oil exports from Iraq and Saudi Arabia, Russian oil refineries reducing capacity and the US Federal Reserve (Fed) keeping interest rates unchanged. capacity.
In the first trading session of last week, oil prices increased by about 2%. Oil prices in this session received support from a decrease in crude oil exports from Iraq and Saudi Arabia while consumption demand in China and the US showed signs of stronger growth.
The increase in oil prices continued in the second trading session of last week. At the end of this session, Brent oil price increased to 87,38 USD/barrel - the highest level in nearly 5 months. WTI oil price also increased to 83,47 USD/barrel - the highest level since October 27, 10.
Oil prices continue to rise as traders expect recent attacks on Russian refineries to affect global petroleum supplies. According to calculations by Reuters, Ukraine's attacks on Russian oil refineries reduced Russia's oil refining capacity by 7%, or about 370.500 barrels of oil per day.
However, the upward momentum of oil prices could not be maintained in the third trading session of last week. The Fed's decision to keep interest rates unchanged at 3-5,25% pushed oil prices down. Because many people worry that interest rates in the US will remain high for a long time, causing economic growth to slow down and possibly limit demand in the world's leading oil consumer.
Limiting the decline in oil prices this session was data from the US Energy Information Administration (EIA) showing that US crude oil inventories in the week ending March 15 decreased for the second consecutive week.
The decline in oil prices continued into the last two trading sessions of the past week. Expectations for a ceasefire in Gaza and weaker US gasoline demand data continue to push gasoline prices down.
Thus, with 2 sessions of high increases and 3 sessions of slight decreases, oil prices last week marked a mixed week. Overall for the past week, Brent oil price increased by 0,09 USD/barrel while WTI oil price decreased by 0,41 USD/barrel.
Closing last week, Brent oil price was pegged at 85,43 USD/barrel, WTI oil price ended the week at 80,63 USD/barrel.
