Gasoline price today 03/04/2025, gasoline price today, gasoline price, update latest gasoline price, a95 gasoline price, world oil price, gasoline price forecast.
Global oil prices were little changed, supported by positive economic news from China but pressured by the potential negative impact of US tariffs as traders remained concerned about the Russia-Ukraine conflict.
Gasoline price today March 4, 2025
Recorded on Oilprice at 4:00 a.m. on March 4, 2025 (Vietnam time), WTI oil price was at 69.52 USD/barrel, down 0.34% (equivalent to a decrease of 0.24 USD/barrel).
 |
| WTI oil price on the world market early morning March 4, 2025 (Vietnam time) |
Similarly, Brent oil price was at 72.7 USD/barrel, down 0.15% (equivalent to a decrease of 0.11 USD/barrel).
 |
| Brent oil price on the world market early morning March 4, 2025 (Vietnam time) |
Oil prices were little changed on Monday, supported by positive economic news from China but pressured by the potential negative impact from US tariffs as traders remained concerned about the Russia-Ukraine war.
Brent crude futures fell 10 cents, or 0.1%, to $72.71 a barrel at 11:49 a.m. ET (1649 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.3%, to $69.56.
In other U.S. energy markets, the start of the April contract as the first new month cut U.S. diesel futures to a nine-week low at the end of the winter heating season. Gasoline futures jumped to a six-month high ahead of the summer driving season.
On Sunday, US Commerce Secretary Howard Lutnick said the tariffs on Canada and Mexico will take effect on Tuesday but President Donald Trump will decide whether to maintain the planned 25% tariffs.
“Tariffs may slow economic growth and oil demand, but they also limit oil supply as they hit oil producers like Canada and Mexico,” said PVM analyst Tamas Varga.
Canada’s oil drilling and services industries are showing signs of slowing down in the face of the threat of tariffs. Mexican President Claudia Sheinbaum said her country is ready no matter what Washington decides.
China, the second-largest economy after the United States, said it was preparing countermeasures to tariffs targeting the US agricultural sector.
Crude oil prices were supported in early trading by data showing manufacturing activity grew at its fastest pace in three months in February. However, recent reports of weaker U.S. consumer demand have raised concerns about a recession.
Trump’s tariff plans also raise inflation concerns at the US Federal Reserve, which could prompt the Fed to keep interest rates high for longer, which could slow economic growth and energy demand, analysts said.
Concerns about the impact of a potential economic slowdown on oil demand have weighed on WTI prices, which have fallen about 10% over the past six weeks.
That prompted speculators to cut their net long positions in futures and options on the Intercontinental and New York Mercantile Exchanges last week to the lowest since a record low of 30,623 contracts in December 2023, according to the U.S. Commodity Futures Trading Commission's Commitments of Traders report.
Domestic retail gasoline prices on March 4, 2025 will be applied according to the adjustment session from 3:00 p.m. on February 27 by the Ministry of Finance - Ministry of Industry and Trade.
| Item | Price (VND/liter/kg) | Difference from previous period |
| E5 RON 92 gasoline | 20,658 | -197 |
| RON 95 gasoline | 21,112 | -219 |
| Diesel | 18,957 | -106 |
| Oil | 19,335 | -178 |
| Fuel oil | 17,615 | +19 |
Specifically, the price of E5 RON 92 gasoline decreased by 197 VND/liter, down to 20,658 VND/liter; RON 95 gasoline decreased by 219 VND/liter, down to 21,112 VND/liter.
The price of 0.05S diesel decreased by VND106/liter, down to VND18,957/liter; kerosene decreased by VND178/liter, down to VND19,335/liter.
However, the price of 180CST 3.5S mazut oil increased by 19 VND/kg, to 17,615 VND/kg.
 |
| Gasoline prices today March 4, 2025. Photo by Dinh Tuan |
In this management period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and mazut oil.
Thus, from the beginning of 2025 until now, domestic gasoline prices have undergone 9 adjustment sessions, including 3 decrease sessions, 4 increase sessions and 2 opposite sessions.
Source: https://congthuong.vn/gia-xang-dau-hom-nay-04032025-on-dinh-376635.html
![[Photo] Unique folk games at Chuong Village Festival](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/4/10/cff805a06fdd443b9474c017f98075a4)
![[Photo] Prime Minister Pham Minh Chinh chairs meeting to discuss tax solutions for Vietnam's import and export goods](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/4/10/19b9ed81ca2940b79fb8a0b9ccef539a)
Comment (0)