Gasoline price today September 3: Continue to increase

World oil prices on September 3 recorded an upward trend as the market awaited the OPEC+ meeting at the end of the week. At the same time, concerns that the escalating Russia-Ukraine conflict could affect supply also contributed to the price increase.

World oil price today 9/3

At 4:30 a.m. on September 3 (Vietnam time), Brent oil price was at 68.51 USD/barrel, up 0.54% (equivalent to 0.37 USD). WTI oil price reached 64.99 USD/barrel, up 1.55% (equivalent to 0.99 USD).

Gasoline price today September 3: Continue to increase

According to experts, oil prices are being supported by expectations that OPEC+ will maintain a policy of voluntary production cuts by a number of countries, including Russia and Saudi Arabia. This is a measure to keep prices stable around the threshold of 60 USD/barrel, despite forecasts of oversupply in the fourth quarter of 2025.

In addition, U.S. crude inventories are forecast to continue to decline, suggesting that late summer demand will remain steady. Drone attacks on Russian oil facilities, which disrupted about 17% of refining capacity, are also adding to supply pressure.

Domestic gasoline prices today September 3

In Vietnam, retail gasoline prices are still applied according to the operating period from the afternoon of August 28.

Currently, the price of E5 RON92 gasoline is at 19,771 VND/liter, up 307 VND; RON95-III gasoline is at 20,363 VND/liter, up 271 VND. Diesel 0.05S increased by 452 VND/liter to 18,357 VND; kerosene increased by 411 VND/liter to 18,225 VND; fuel oil 180CST 3.5S increased by 144 VND/kg, reaching 15,260 VND.

During this management period, the Ministry of Industry and Trade and the Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund to keep prices stable in the face of fluctuations in the international market.

Source: https://baodanang.vn/gasoline-price-today-3-9-tiep-tuc-tang-3300941.html