Gasoline prices today (June 6): All increased

World oil prices

At the end of the trading session on June 5, Brent oil price increased by 0.48 USD/barrel, equivalent to 0.7%, to 65.34 USD/barrel and WTI oil price increased by 0.52 USD/barrel, equivalent to 0.8%, to 63.37 USD/barrel.

On June 5, world oil prices recorded an upward trend after the US and China agreed to resume bilateral trade negotiations following a phone call between US President Donald Trump and Chinese President Xi Jinping.

“If the US-China trade tensions ease, that will boost oil demand expectations from both of the world’s top two economies ,” said Phil Flynn, senior analyst at Price Futures Group.

World oil prices increased slightly in the trading session on June 5. Illustration photo: Business Day

The Xinhua News Agency reported that the phone call between the two leaders took place at the request of the US side. After the call, US President Donald Trump said that the conversation with Chinese President Xi Jinping mainly revolved around trade issues and “ended on a very positive note.” President Donald Trump also confirmed that the two sides will continue to conduct further discussions at a lower level.

Speaking to the press, US President Donald Trump affirmed: "We are making positive progress with China on the trade agreement."

In a related development, according to information from Canadian Industry Minister Melanie Joly, Canadian Prime Minister Mark Carney and US President Donald Trump are also maintaining direct contact, in Ottawa's efforts to convince Washington to lift current tariffs.

The positive news somewhat reassured investors, after oil prices fell about 1% the previous day due to higher-than-expected gasoline and distillate inventories in the US - a sign of falling demand in the world's largest economy.

Geopolitical factors and wildfires in Canada, which could impact oil production, also contributed to the rise in oil prices, despite the surplus supply in the second half of 2025 due to OPEC+'s plan to increase production, said Tamas Varga, an analyst at PVM Oil Associates.

However, according to Reuters, the increase in oil prices was somewhat restrained after Saudi Arabia, the world's largest oil exporter, announced a reduction in crude oil prices for Asian customers in July, to near the lowest level in the past two months.

Illustration photo: Reuters.

The decision to adjust the selling price was made after OPEC+ announced that it would increase production by 411,000 barrels per day in July. According to Reuters, the strategy of Saudi Arabia, the country leading OPEC, is to punish over-producing member countries and regain market share in the global market.

According to Reuters, data released on June 5 showed that the US service sector contracted for the first time in nearly a year. The US Labor Department also said that the number of new applications for unemployment benefits rose for the second consecutive week, reflecting a weakening labor market as the economy is pressured by President Donald Trump's tax policies.

“The US non-farm payrolls report for May, scheduled for release on June 6 (local time), will play an important role in shaping the US Federal Reserve’s interest rate policy. Meanwhile, investors are also closely following geopolitical tensions in the Middle East,” said Giovanni Staunovo, an analyst at UBS.

Domestic gasoline prices

Domestic retail prices of gasoline on June 6, specifically as follows:

E5 RON 92 gasoline is not higher than 19,263 VND/liter.

RON 95-III gasoline is not higher than VND 19,698/liter.

Diesel oil is not higher than 17,420 VND/liter.

Kerosene is not higher than 17,284 VND/liter.

Fuel oil is not higher than 16,178 VND/kg

The above domestic retail prices of gasoline and oil were adjusted by the Ministry of Finance - Industry and Trade in the price management session on the afternoon of June 5. World oil prices increased slightly, domestic gasoline and oil prices also increased simultaneously. E5 RON 92 gasoline price increased by 67 VND/liter, RON 95-III gasoline increased by 133 VND/liter, diesel price increased by 284 VND/liter, kerosene increased by 176 VND/liter. However, the price of fuel oil decreased by 86 VND/kg.

Since the beginning of the year, domestic gasoline prices have undergone 23 adjustment sessions, including 9 decreases, 9 increases and 5 opposite sessions.

In this management period, the joint ministries continue not to set aside or use the Petroleum Price Stabilization Fund for E5 RON 92 gasoline, RON 95 gasoline, diesel oil, kerosene, and fuel oil.

DUC AN

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Source: https://baodaknong.vn/gia-xang-dau-hom-nay-6-6-dong-loat-tang-254758.html