Oil prices today April 29, 2025: Concerns about weak demand, oil slides

World oil prices slide on concerns about weak demand

Meanwhile, next week, expected early next week on May 5, some members of OPEC+ will meet to accelerate the increase in oil production in June - the second consecutive month of increased production of the group. The group's consensus on the issue of production is still unclear, supporting the decline in oil prices.

Domestically, reference data from the Singapore market updated this morning (April 29) shows that domestic gasoline prices may increase slightly in the next adjustment period. The increase is around 200 VND/liter. This forecast does not include the Gasoline Price Stabilization Fund.

According to regulations, domestic gasoline prices will be adjusted every Thursday. However, this week, Thursday (May 1) is a holiday, so the price adjustment period may be delayed a few days.

Morning of April 29, retail price of gasoline as announced by Petrolimex in markets in region 2 (far from ports, warehouses, refineries...) as follows: RON 95-V gasoline 20,590 VND/liter; RON 95-III gasoline 20,020 VND/liter; E5 RON 92-II gasoline 19,610 VND/liter; diesel oil 18,410 VND/liter; kerosene 18,060 VND/liter; mazut oil 16,850 VND/kg (wholesale price)./.

According to Thanh Nien Newspaper

Source: https://thanhnien.vn/gia-xang-dau-hom-nay-2942025-lo-ngai-nhu-cau-yeu-dau-truot-doc-185250429081918669.htm

Source: https://baolongan.vn/gia-xang-dau-hom-nay-29-4-2025-lo-ngai-nhu-cau-yeu-dau-truot-doc-a194358.html