World oil prices
On the morning of August 8, 2025 (Vietnam time), Brent oil prices fell 0.24% to 66.74 USD/barrel, WTI fell 0.34% to 64.18 USD/barrel, marking the 6th consecutive session of decline. Expectations of a diplomatic solution from the meeting between US President Donald Trump and Russian President Vladimir Putin, along with OPEC+'s plan to increase production (547,000 barrels/day from September) put downward pressure on prices. US crude oil inventories fell by 3 million barrels and strong oil demand from China curbed the decline.
Domestic gasoline prices
From 3:00 p.m. on August 7, 2025, the price of E5RON92 gasoline increased by VND 207/liter to VND 19,608/liter, RON95 increased by VND 234/liter to VND 20,074/liter. Diesel decreased by VND 268/liter to VND 18,800/liter, kerosene decreased by VND 54/liter to VND 18,660/liter, and fuel oil increased by VND 114/kg to VND 15,647/kg. The Ministry of Industry and Trade - Ministry of Finance does not use the Price Stabilization Fund.
| Fuel type | Adjustment level (VND) | Maximum retail price (VND) |
| E5 RON92 gasoline | + 207 | 19.608/liter |
| Gasoline RON95-III | + 234 | 20.074/liter |
| Diesel 0.05S | - 268 | 18,800/liter |
| Oil | - 54 | 18,660/liter |
| Mazut oil 180CST 3.5S | + 114 | 15.647/kg |
Market situation
The oil price market is affected by the 25% tax imposed by the US on Indian goods (effective from August 28) due to the purchase of Russian oil, along with the possibility of imposing a tax on China. Saudi Arabia increases oil prices for Asia due to limited supply. World oil prices fluctuate: RON92 increases by 1.42%, RON95 increases by 1.39%, kerosene decreases by 0.48%, diesel decreases by 1.8%, and fuel oil increases by 0.82%.
Source: https://baodanang.vn/gasoline-price-today-8-8-gasoline-price-to-increase-3298897.html
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