Tomorrow, gasoline prices may decrease, oil prices are expected to increase

In the operating period tomorrow (July 17), gasoline prices are forecast to decrease slightly, while oil prices may increase.

According to the developments in the world market last week, gasoline prices in the Singapore market tended to decrease slightly, about 1.3 - 1.5% lower than a week ago.

With such a decrease, many opinions predict that domestic gasoline prices may decrease slightly, with a decrease of about 100 - 180 VND/liter. Meanwhile, diesel prices are forecast to increase by about 100 - 150 VND/liter.

Gasoline prices tomorrow are expected to decrease slightly. (Illustration: Minh Duc).

In case the regulatory agency decides to set up a price stabilization fund, domestic gasoline prices may not change.

Meanwhile, according to the gasoline price forecast model of the Vietnam Petroleum Institute (VPI), in the operating session tomorrow, July 17, retail gasoline prices may decrease slightly by 0.4% if the Ministry of Finance and the Ministry of Industry and Trade do not set aside or use the gasoline price stabilization fund.

Specifically, the price of E5 RON92 gasoline may decrease by 79 VND to 19,571 VND/liter, while RON95 gasoline may decrease by 82 VND to 20,008 VND/liter.

VPI's model forecasts that retail oil prices will increase slightly by 0.3 - 0.8% this period. Accordingly, diesel may increase by 0.3% to VND18,886/liter, kerosene may increase by 0.8% to VND18,517/liter, and fuel oil is forecast to increase by 0.3% to VND15,604/kg.

VPI believes that this time, the Ministry of Finance - Industry and Trade will continue not to set aside or use the gasoline price stabilization fund.

If the market develops as predicted, gasoline prices will reverse after increasing by more than 200 VND/liter last Thursday.

Specifically, in the operating period on July 10, the price of E5 RON92 gasoline increased by VND214/liter, not higher than VND19,659/liter; the price of RON95 gasoline increased by VND184/liter, not higher than VND20,090/liter.

Prices of various types of oil were adjusted in opposite directions. Specifically, diesel prices increased by 429 VND/liter, not higher than 18,837 VND/liter. Kerosene prices increased by 239 VND/liter, not higher than 18,371 VND/liter.

Fuel oil price alone decreased by 244 VND/kg, not higher than 15,563 VND/kg.

Since the beginning of 2025, domestic gasoline prices have undergone 27 adjustment sessions, including 10 decrease sessions, 12 increase sessions and 5 opposite sessions.

Source: https://baolangson.vn/ngay-mai-gia-xang-co-the-giam-gia-dau-du-bao-tang-5053378.html