Oil price today April 14, 2025: World crude oil price increases

Oil prices today April 14, 2025: World oil prices recovered after consecutive sharp declines in previous sessions, while Brent and WTI crude oil both increased by more than 2%. Specifically, WTI oil price was at 61.48 USD/barrel, up 2.38%, Brent oil price was at 64.59 USD/barrel, up 2.26%.

Gasoline price today April 14, 2025

Recorded on Oilprice at 4:30 a.m. on April 14, 2025 (Vietnam time), Brent oil price was at 64.59 USD/barrel, up 2.26% (equivalent to an increase of 1.43 USD/barrel).

Brent oil price on the world market in the early morning of April 14, 2025 (Vietnam time)

Similarly, WTI oil price was at 61.48 USD/barrel, up 2.38% (equivalent to an increase of 1.43 USD/barrel).

WTI oil price on the world market in the early morning of April 14, 2025 (Vietnam time)

Oil prices were mixed this week, with Brent down 82 cents and WTI down 49 cents for the week, marking a second straight weekly decline but a narrowing of the decline.

Although oil prices rose more than 2% in the last trading session of the week after news that the US could block Iran's oil exports. However, this increase was not enough to make up for the "loss" in the previous trading sessions. Therefore, oil prices this week recorded another week of decline. Brent crude oil prices closed the trading week at $64.59/barrel; WTI crude oil prices ended the week at $61.48/barrel.

Strict enforcement of restrictions on Iranian crude oil exports will reduce global supplies, said Andrew Lipow, president of Lipow Oil Associates.

Although some tariffs, except for those on China, have been delayed by 90 days, the damage to the market has already been done, making it difficult for prices to stabilize again, said Ole Hansen, head of commodity strategy at Saxo Bank.

The U.S. Energy Information Administration has cut its global economic growth forecast and warned that tariffs could put significant pressure on oil prices. The agency has lowered its forecast for U.S. and world oil demand this year and next.

Domestic gasoline prices today April 14, 2025

Domestic retail gasoline prices on April 14, 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 14, 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.

Ngoc Hung

Source: https://congthuong.vn/gia-xang-dau-hom-nay-14042025-dau-tho-the-gioi-bat-tang-382846.html