World oil prices today
World oil prices closed the weekend session on August 17 (Vietnam time) with a sharp decrease. WTI crude oil was at 76.60 USD/barrel, down 1.56 USD/barrel, equivalent to a decrease of 2%. WTI crude oil closed the previous trading session at 78.16 USD/barrel, opening today's session at 78.16 USD/barrel.
Brent crude oil was at $79.58 a barrel, down $1.46 a barrel, or 1.80 percent. Brent crude oil closed the previous session at $81.04 a barrel and opened today at $80.88 a barrel.
According to analysts, the main reason is that investors are increasingly concerned about the prospect of oil demand growth from China - the world's largest oil importer.
The latest economic data from China released yesterday (August 15) showed a gloomy picture for the world's second largest economy. Accordingly, Chinese home prices fell the most in the past 9 years, industrial output slowed down and unemployment rate increased, raising concerns about China's fuel consumption demand in the coming time, leading to a decrease in oil prices.
Domestic gasoline prices today
On August 17, retail gasoline prices according to the price list announced by Petrolimex in regions 1 and 2 (46 provinces and cities currently applying) are as follows:
The above domestic retail prices of gasoline and oil were adjusted by the Ministry of Finance - Industry and Trade in the price management session on the afternoon of August 15. Accordingly, the price of fuel oil increased the most, 217 VND/kg. Diesel oil increased the least, 89 VND/liter. The two gasoline products E5 RON 92 and RON 95-III increased by 167 VND/liter and 179 VND/liter, respectively. Kerosene also increased by 161 VND/liter.
Gasoline discount today
Discount prices of petroleum products today, August 17, at some domestic petroleum dealers are as follows:
Pvoil applies discount rates on August 17: Oil discount 1,500 VND/liter; RON 95 - III gasoline: 1,400 VND/liter; E5 gasoline: 1,250 VND/liter. This discount rate is applied at Pvoil Dinh Vu warehouse, Petec An Hai, Cai Lan warehouse.
Tu Luc Petroleum discounts on August 17 as follows: Oil discount: 1,450 VND/liter; RON 95 - III gasoline: 1,350 VND/liter; E5 gasoline: 1,200 VND/liter.
MIPEC gasoline discount on August 17: Gasoline 95-III: 1,100; gasoline E5: 900; oil: 1,350 VND/liter.
Forecast of domestic gasoline prices next period
According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. It is forecasted that in the next price adjustment period, petroleum prices may be adjusted downward.
Since the beginning of the year, since the price adjustment session on January 4, gasoline prices have increased 17 times and decreased 15 times. Oil prices have increased 16 times and decreased 16 times.
Source: https://laodong.vn/kinh-doanh/gia-xang-dau-hom-nay-178-dong-loat-giam-manh-1380936.ldo
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