Gasoline price today July 28: Slight increase

World oil prices are on an upward trend as the US and EU have just announced they have reached a common trade agreement.

At 6:00 a.m. on July 28, WTI oil price stood at 65.19 USD/barrel, up 0.12 USD/barrel, while US Brent oil price was 68.47 USD/barrel, up 0.11 USD/barrel.

According to Reuters , oil prices were supported by news that the US and EU had just reached a general trade agreement. Accordingly, the US will impose a 15% tax on goods imported from the EU. In return, EU countries will buy a significant amount of energy and military equipment from the US.

World oil prices increased slightly today (Illustration photo: Minh Duc)

Another factor supporting rising oil prices is information from the US Energy Information Administration (EIA) showing that the country's crude oil inventories last week fell by 3.2 million barrels, down to 419 million barrels - double the forecast decrease of 1.6 million barrels.

In addition, one of the factors putting pressure on oil prices today is the news that the EU has just passed the 18th package of sanctions against Russia, including lowering the ceiling on Russian oil purchases to $47.6/barrel and banning the import of all refined oil products from Russia. This move could disrupt the crude oil supply chain from the world's second largest oil exporter.

Domestic gasoline prices

During the operating period on July 24, the price of E5 RON92 gasoline decreased by VND202/liter, not higher than VND19,279/liter. The price of RON95 gasoline decreased by VND216/liter, not higher than VND19,709/liter.

Meanwhile, oil prices increased and decreased in opposite directions. Specifically, diesel prices increased by 330 VND/liter, not higher than 19,129 VND/liter. Kerosene prices increased by 199 VND/liter, not higher than 18,628 VND/liter. Fuel oil alone decreased by 99 VND/kg, not higher than 15,379 VND/kg.

Since the beginning of 2025, domestic gasoline prices have undergone 29 adjustment sessions, including 12 decreases, 12 increases and 5 opposite sessions.

Source: https://baolangson.vn/gia-xang-dau-hom-nay-28-7-tang-nhe-5054303.html