Gasoline price today April 27, 2025: Weekly decrease of about 2%

Oil prices fell more than 2% in early trading on Monday amid signs of progress in nuclear talks between the US and Iran. Investors were cautious, fearing that fuel demand would weaken due to economic uncertainty related to tariffs. Iran’s foreign minister said the two sides had agreed to begin drafting the framework for a new nuclear deal.

However, oil prices quickly recovered in the second session, regaining almost all of the previous losses. Oil prices rose nearly 2%, thanks to the US imposing new sanctions on Iranian oil shipping tycoon Seyed Asadoollah Emamjomeh and a network of related companies, along with support from the stock market's rise. Experts said that if no agreement is reached with Iran, the US will continue to tighten the country's oil flows to the lowest level.

Entering the third session, oil prices fell about 2% after news that OPEC+ may consider increasing production in June. However, news that US President Donald Trump is considering reducing tariffs on goods imported from China has helped oil prices not fall too far. According to the plan, tariffs on China may be reduced to 50% to 65%, depending on the progress of negotiations.

Oil prices rose less than 1% on Wednesday, helped by a weaker dollar and mixed signals from US economic data. Reuters reported that US jobless claims rose slightly, reflecting a strong labour market. Meanwhile, the Federal Reserve said it needed more data before assessing the impact of tariffs and was in no rush to change monetary policy.

Oil prices ended the week up nearly 0.5% in the final trading session, supported by news that China exempted some pharmaceuticals imported from the US from tariffs, avoiding a 125% tariff imposed at the beginning of the month.

Although oil prices increased slightly in the last two sessions, the increase was too modest for the oil market to maintain the upward momentum of last week, officially recording a week of downward adjustment.

Gasoline price today April 27, 2025: Weekly decrease of about 2%

On April 27, the domestic retail price of gasoline was adjusted specifically as follows: E5 RON 92 gasoline at no more than VND 19,238/liter, RON 95-III gasoline at no more than VND 19,638/liter. Diesel oil has a maximum price of VND 17,524/liter, kerosene no more than VND 17,715/liter and fuel oil is sold at a maximum price of VND 16,524/kg.

This new price was announced by the Ministry of Finance - Industry and Trade at the management session on April 24. Due to the increase in world oil prices last week, domestic prices were also adjusted up after two consecutive weeks of sharp decline.

Specifically, the price of E5 RON 92 gasoline increased by 740 VND/liter, RON 95-III gasoline increased by 782 VND/liter, diesel increased by 487 VND/liter, kerosene increased by 531 VND/liter and mazut increased by 564 VND/kg.

During this adjustment period, the joint ministries continue not to make any provision or use of the Petroleum Price Stabilization Fund for all products such as E5 RON 92 gasoline, RON 95 gasoline, diesel oil, kerosene and fuel oil.

Since the beginning of 2024, domestic gasoline prices have undergone 17 adjustments, including 7 increases, 7 decreases, and 3 adjustments in the opposite direction.

Source: https://baoquangnam.vn/gia-xang-dau-hom-nay-27-4-2025-tuan-giam-khoang-2-3153767.html