See more about gasoline prices in recent days
Domestic gasoline prices increased slightly on August 3
According to the adjustment period from 3:00 p.m. on July 31, domestic retail gasoline prices will be adjusted as follows:
| Item | Change (VND) | Retail price (VND/liter or VND/kg) |
| Gasoline E5RON92 | + 122 | 19,401 |
| Gasoline RON95-III | + 131 | 19,840 |
| Diesel 0.05S | -61 | 19,068 |
| Oil | + 86 | 18,714 |
| Mazut oil 180CST 3.5S | + 154 | 15,533 |
In this operating period, the Petroleum Price Stabilization Fund is not allocated or used for the above items.
World oil prices fluctuated strongly this week
Over the past week, the global oil market has been constantly reversing due to the influence of political and commercial factors.
Brent crude oil prices closed the week at $69.67/barrel, down $2.03 from the previous session. WTI crude oil prices were at $67.33/barrel, down $1.93. For the week, Brent crude oil still increased by nearly 6%, while WTI increased by 6.29% compared to the previous week.
The main reason is the increase in production from OPEC+, combined with information that the US imposes high taxes on countries buying oil from Russia, making the market worried that alternative supplies will not be available quickly enough.
Oil price forecast remains unpredictable in the coming time
Some experts believe that if supplies from Russia are cut off, oil prices could rise to $100–120 a barrel. Meanwhile, countries like Saudi Arabia and OPEC+, despite efforts to increase production, cannot immediately replenish supplies.
Despite some positive signs, such as the US-EU trade deal and a temporary truce in tensions with China, a strong US dollar and political risks remain obstacles to oil prices remaining stable in the long term.
Source: https://baodanang.vn/gasoline-price-today-3-8-bien-dong-manh-tren-thi-truong-the-gioi-3298561.html
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