Today's gasoline price , world oil price June 23, 2024
Closing the trading week, world oil prices recorded a strong increase of more than 3%. Based on data on Oilprice at 4:30 a.m. on June 23, 2024 (Vietnam time), WTI oil price was at 80.59 USD/barrel, down 0.69% (equivalent to a decrease of 0.56 USD/barrel).
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| WTI oil price on the world market early morning June 23 (Vietnam time) |
Similarly, Brent oil price was at 85.02 USD/barrel, down 0.55% (equivalent to a decrease of 0.47 USD/barrel).
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| Brent oil price on the world market early morning June 23 (Vietnam time) |
WTI crude oil prices fell 0.69% to $80.59/barrel, Brent crude oil prices fell 0.55% to $85.02/barrel on Friday amid concerns that global oil demand growth could be hit by a strong US dollar and escalating conflicts in the Middle East.
The decline came despite signs of improving U.S. oil demand and falling fuel inventories, which pushed crude to a seven-week high the previous day. Data released Thursday showed U.S. crude inventories fell by 2.547 million barrels last week, exceeding expectations for a 2 million-barrel decline. U.S. gasoline and distillate inventories also unexpectedly fell, suggesting strong energy demand.
In the Middle East, Israeli forces advanced deeper into the Gaza Strip city of Rafah, raising geopolitical tensions in the region and potentially disrupting oil flows. Still, benchmark crude prices rose about 3% for the week, marking a second straight weekly gain after rising about 4% last week.
Domestic gasoline prices today June 23, 2024
Domestic retail gasoline prices on June 23, 2024 will be applied according to the adjustment session from 3:00 p.m. on June 20 by the Ministry of Finance - Ministry of Industry and Trade.
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| Domestic gasoline prices will be adjusted from 3:00 p.m. on June 20. Illustrative photo |
Specifically, the price of E5 RON 92 gasoline increased to 21,508 VND/liter; RON 95 gasoline increased to 22,466 VND/liter.
In this adjustment session, oil prices increased again. Specifically, diesel oil price increased to 20,360 VND/liter; kerosene increased to 20,356 VND/liter. Fuel oil in this session was also adjusted up 334 VND/kg to 17,223 VND/kg.
Item | Price (VND/liter/kg) | Difference from previous period |
E5 RON 92 gasoline | 21,508 | +198 |
RON 95 gasoline | 22,466 | +231 |
Diesel | 20,360 | +720 |
Oil | 20,356 | +497 |
Fuel oil | 17,223 | +334 |
According to the explanation of the Ministry of Industry and Trade, the above changes in domestic gasoline prices are due to the influence of factors such as: tensions in the Middle East region showing signs of increasing, military conflicts between Russia and Ukraine continuing, Ukraine continuing to attack Russian oil storage facilities... The above factors have caused world gasoline prices to tend to increase in recent days.
Regarding the Petroleum Price Stabilization Fund (BOG) in this management period, the Ministry of Industry and Trade - Ministry of Finance decided: Not to set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.
Thus, since the beginning of the year, the regulatory agency has made 25 adjustments to gasoline prices, including 10 periods of simultaneous price increases, 7 periods of price decreases, and 8 periods of alternating increases and decreases in gasoline prices.
Source: https://congthuong.vn/gia-xang-dau-hom-nay-ngay-2362024-gia-dau-the-gioi-tang-tuan-thu-hai-lien-tiep-327609.html
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