Oil prices today, April 11, 2025: Oil prices fell more than $2/barrel, erasing the previous session's gains. The reason is that investors took a closer look at the details of the US's suspension of a broad tax plan.
Gasoline price today April 11, 2025
Recorded on Oilprice at 4:30 a.m. on April 11, 2025 (Vietnam time), WTI oil price was at 59.49 USD/barrel, down 4.70% (equivalent to a decrease of 2.93 USD/barrel).
WTI oil price on the world market in the early morning of April 11, 2025 (Vietnam time) |
Similarly, Brent oil price was at 62.91 USD/barrel, down 4.03% (equivalent to a decrease of 2.64 USD/barrel).
Brent oil price on the world market early morning April 11, 2025 (Vietnam time) |
U.S. West Texas Intermediate (WTI) crude futures fell $2.22, or 3.6%, to $60.13 a barrel at 11:46 a.m. EDT (1546 GMT). Brent crude futures fell $2.04, or 3.1%, to $63.44 a barrel.
Both contracts rose more than $2 a barrel on Wednesday after U.S. President Donald Trump paused the steep tariffs he announced on dozens of U.S. trading partners a week earlier, an abrupt reversal less than 24 hours after the duties took effect.
At the same time, however, Mr. Trump also increased tariffs on China. The White House told the media on Thursday that the total US tariffs on imports from China had now reached 145%.
China also announced additional import tariffs on US goods, with an 84% tariff imposed last Thursday.
Trading consultancy Ritterbusch and Associates told clients on Thursday that the tariff hike on China would likely reduce U.S. crude exports to the country, leading to a supply glut and a buildup in U.S. oil inventories.
Domestic gasoline prices today April 11, 2025
Domestic retail gasoline prices on April 11, 2025 will be applied according to the adjustment session from 3:00 p.m. on April 10 by the Ministry of Finance - Ministry of Industry and Trade.
Item | Price (VND/liter/kg) | Difference from previous period |
E5 RON 92 gasoline | 18,882 | -1.491 |
RON 95 gasoline | 19,207 | -1.712 |
Diesel | 17,243 | -1.235 |
Oil | 17,413 | -1.322 |
Fuel oil | 15,902 | -1.124 |
Specifically, the price of E5 RON 92 gasoline decreased by VND1,491/liter, down to VND18,882/liter; RON 95 gasoline decreased by VND1,712/liter, down to VND19,207/liter.
The price of 0.05S diesel decreased by VND1,235/liter, down to VND17,243/liter; kerosene decreased by VND1,322/liter, down to VND17,413/liter; the price of 180CST 3.5S mazut decreased by VND1,124/kg, down to VND15,902/kg.
Gasoline prices today April 11, 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 to now, domestic gasoline prices have undergone 15 adjustment sessions, including 6 decrease sessions, 6 increase sessions and 3 opposite sessions.
Source: https://congthuong.vn/gia-xang-dau-hom-nay-11042025-tiep-tuc-giam-hon-2-382452.html
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