Gasoline price today December 4, 2025: World oil price increases again

Gasoline prices today December 4, 2025: World gasoline prices increased again as Russia-US tensions have not cooled down, while domestic forecasts show that gasoline prices may increase but oil tends to decrease.

World oil prices rise due to supply concerns

On the morning of December 4 (Vietnam time), Brent crude oil price reached 62.83 USD/barrel and West Texas Intermediate (WTI) crude oil price reached 59.15 USD/barrel. Both crude oil prices increased by about 0.3% after falling more than 1% in the previous session.

The rise in oil prices was driven by concerns about risks to Russian oil supplies. A meeting between Russian President Vladimir Putin and a US envoy failed to reach an agreement to end the conflict in Ukraine. Recent attacks by Ukraine on oil export facilities on Russia’s Black Sea coast have added to geopolitical concerns in the energy market.

The rise in oil prices was held back by concerns about oversupply in the US. The US Energy Information Administration (EIA) said that crude oil and gasoline reserves in the US both increased. Specifically, crude oil reserves increased by 574,000 barrels, contrary to the forecast of a decrease; gasoline reserves increased by 4.52 million barrels, far exceeding expectations.

Domestic gasoline prices remain stable since the November 27 adjustment period.

In the most recent management period (November 27), domestic gasoline prices decreased simultaneously. The Ministry of Industry and Trade and the Ministry of Finance did not set aside or use the Gasoline Price Stabilization Fund.

E5 RON92 gasoline: no higher than 19,288 VND/liter

RON 95-III gasoline: no higher than VND 20,009/liter

Diesel 0.05S: not higher than 18,800 VND/liter

Kerosene: not higher than 19,473 VND/liter

Mazut oil 180CST 3.5S: not higher than 13,488 VND/kg

Forecast of gasoline and oil prices for the afternoon of December 4: Gasoline increases - oil decreases

The Vietnam Petroleum Institute (VPI) forecasts that retail gasoline prices may increase by 3% in the upcoming management period. In contrast, retail oil prices are forecast to decrease by 0.1% - 2.9%.

Specifically, VPI forecasts that the price of E5 RON 92 gasoline may increase by VND567, to VND19,858/liter. The price of RON 95-III gasoline is forecast to increase by VND602, to VND20,602/liter. Business representatives also made similar forecasts, with gasoline prices increasing by about VND500-520/liter and diesel prices decreasing by about VND320/liter.

Source: https://baodanang.vn/gia-xang-dau-hom-nay-4-12-2025-gia-dau-the-gioi-tang-tro-lai-3312580.html