Gasoline price today April 28, 2025: Market gradually improves

Oil prices today April 28, 2025: The market witnessed a slight increase in crude oil prices, however, over the past week, oil prices have cooled down with Brent oil down 1.6% to 66.87 USD/barrel, WTI oil down 2.6% to 63.02 USD/barrel.

Gasoline price today April 28, 2025

Recorded on Oilprice at 4:30 a.m. on April 28, 2025 (Vietnam time), Brent oil price was at 66.91 USD/barrel, up 0.48% (equivalent to an increase of 0.32 USD/barrel).

Brent oil price on the world market early morning April 28, 2025 (Vietnam time)

Similarly, WTI oil price was at 63.17 USD/barrel, up 0.37% (equivalent to an increase of 0.23 USD/barrel).

WTI oil price on the world market in the early morning of April 28, 2025 (Vietnam time)

Oil prices were supported by news that China has temporarily exempted some US pharmaceuticals from a 125% import tariff that Beijing imposed earlier this month in retaliation for the Trump administration’s 145% tariff.

According to statistics, the average price of crude oil traded on the market in April decreased by over 9%, of which WTI oil decreased by about 9.5%, light sweet Brent oil decreased by 8.4%. Compared to the same period last year, crude oil prices have decreased sharply, on average decreasing from 24% to nearly 25%.

Brent crude futures have fallen 11% since early April, amid the possibility that OPEC+ could continue to increase supply in the coming months, according to TradingEconomics.

Meanwhile, the United States has imposed new restrictions on a key Iranian figure involved in shipping LPG and crude oil, fueling speculation that the sanctions could limit Iran's exports.

However, experts say the outlook for oil prices to rise in the short term is not very optimistic. Mr. Ole Hansen from Saxo Bank said that trade tensions between major oil consuming countries will continue, while OPEC+ may accelerate its plan to increase production from June, making it difficult for oil prices to increase sharply.

In addition to pressure from supply, geopolitical developments are also starting to have an impact. Notably, the meeting between Russian President Vladimir Putin and US President Donald Trump’s special envoy on April 25 was considered “constructive”. If the disagreement over Ukraine is narrowed, oil supplies from Russia to the international market could increase.

Domestic gasoline prices today April 28, 2025

Domestic retail gasoline prices on April 28, 2025 will be applied according to the adjustment session from 3:00 p.m. on April 24 by the Ministry of Finance - Ministry of Industry and Trade.

Item	Price (VND/liter/kg)	Difference from previous period
E5 RON 92 gasoline	19,238	+740
RON 95 gasoline	19,638	+782
Diesel	17,520	+487
Oil	17,715	+531
Fuel oil	16,524	+564

Specifically, the price of E5 RON 92 gasoline increased by VND740/liter, to VND19,238/liter; RON 95 gasoline increased by VND782/liter, to VND19,638/liter.

Similarly, the price of diesel 0.05S: Increased by 487 VND/liter, to 17,520 VND/liter; kerosene increased by 531 VND/liter, to 17,715 VND/liter; mazut 180CST 3.5S increased by 564 VND/kg, to 16,524 VND/kg.

Gasoline prices today April 28, 2025. Photo by Dinh Tuan

In this management 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, from the beginning of 2025 to now, domestic gasoline prices have undergone 17 adjustment sessions, including 7 decrease sessions, 7 increase sessions and 3 opposite sessions.

Ngoc Hung

Source: https://congthuong.vn/gia-xang-dau-hom-nay-28042025-thi-truong-dan-khoi-sac-385171.html