Domestic gasoline prices today February 6, 2024
In the domestic market, the selling price of gasoline and oil today, February 6, is applied according to the price of the operating session on the afternoon of February 1.
Accordingly, the retail price of gasoline and oil was adjusted up by the Ministry of Finance - Ministry of Industry and Trade. Notably, the price of RON 95 gasoline increased beyond the mark of 24,000 VND/liter.
Specifically, the price of E5 gasoline increased to 22,910 VND/liter. Meanwhile, the price of RON 95 gasoline was raised to 24,160 VND/liter.
Diesel price increased to 20,990 VND/liter while kerosene price increased to 20,920 VND/liter.
Retail price of gasoline today:
| Item | Price from 1/2 (unit: VND/liter) | Compared to previous period |
| Gasoline RON 95-III | 24,160 | + 760 |
| Gasoline E5 RON 92-II | 22,910 | + 740 |
| Diesel | 20,990 | + 620 |
| Oil | 20,920 | + 380 |
World oil prices today February 6, 2024
In the world market, gasoline prices today, February 6, continued to increase from the beginning of the week.
Data from Oilprice shows that at 9:00 a.m. on February 6 (Vietnam time), Brent crude oil was trading at $78.13 per barrel, up $0.14, or 0.18%, from the previous session. WTI crude oil was at $72.9 per barrel, up $0.12, or 0.16%, from the previous session.
World oil prices recovered in the first trading session this week after a sharp drop last week.
According to data from Oilprice, at 8:52 p.m. on February 5 (Vietnam time), Brent oil was trading at $77.46 per barrel, up $0.13, or 0.17%, from the previous session. Meanwhile, WTI oil was recorded at $72.3 per barrel, up $0.02, or 0.03%, from the previous session.
According to analysts, investors remain cautious about any escalation of tensions in the Middle East. With the geopolitical situation showing no signs of cooling down, oil prices could rebound.
White House National Security Adviser Jake Sullivan said Sunday that the United States intends to carry out further strikes against Iran-backed groups in the Middle East. The United States and Britain have already carried out strikes on 36 Houthi targets in Yemen. These tensions have been supportive of oil prices.
On February 3, two Ukrainian drones attacked the largest oil refinery in southern Russia, the world's second largest oil exporter.
Although the fire was quickly extinguished and operations at the plant have resumed, many fear that such attacks will continue, posing certain risks to oil supplies from Russia.
Last week, world oil prices “plummeted” by nearly 7%, marking the sharpest weekly decline since the beginning of the year and breaking the upward trend of the previous two weeks.
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