World oil prices
At 6:00 a.m. on November 20, Brent crude oil price increased by 0.01 USD, equivalent to 0.01%, to 73.31 USD/barrel. WTI crude oil price increased by 0.23 USD, equivalent to 0.33%, to 69.39 USD/barrel.
Oil prices continued to rise as tensions over the Russia-Ukraine conflict escalated late last week. Saul Kavonic, energy analyst at MST Marquee, said that so far, Russian oil exports have had little impact, but oil prices could rise further if Ukraine targets more oil infrastructure.
Gasoline prices go up. (Photo: Whichcar).
Also supporting oil prices to extend their rally were supply problems at Kazakhstan's largest oil field, Tengiz. Tengiz's output has been cut by 28% to 30% due to repairs.
China's crude oil imports in November are on track to hit or near all-time highs, StoneX energy analyst Alex Hodes said, citing data from ship tracking firm Kpler.
Domestic gasoline prices
In the operating period on November 14, the price of E5 RON92 gasoline decreased by 292 VND/liter, not higher than 19,452 VND/liter. The price of RON95 gasoline decreased by 247 VND/liter, not higher than 20,607 VND/liter.
Prices of all types of oil also decreased simultaneously. Of which, diesel price decreased by 344 VND/liter, not higher than 18,573 VND/liter. Kerosene price decreased by 306 VND/liter, not higher than 18,988 VND/liter and fuel oil price decreased by 385 VND/kg, not higher than 16,009 VND/kg.
In this management period, the Ministry of Industry and Trade - Ministry of Finance continued not to set aside or use the petrol price stabilization fund for any products.
Source: https://vtcnews.vn/gasoline-price-to-date-20-11-cang-thang-chinh-tri-leo-thang-gia-dau-di-len-ar908398.html
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