Gasoline price today September 22, 2024
Recorded on Oilprice at 5:00 a.m. on September 22, 2024 (Vietnam time), WTI oil price was at 71.25 USD/barrel, down 0.22% (equivalent to a decrease of 0.16 USD/barrel).
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| WTI oil price on the world market early morning September 22 (Vietnam time) |
Similarly, Brent oil price was at 74.49 USD/barrel, down 0.52% (equivalent to a decrease of 0.39 USD/barrel).
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| Brent oil price on the world market early morning September 22 (Vietnam time) |
The Fed delivered a massive 50 basis point interest rate cut, boosting the outlook for fuel consumption in the US and major economies, while also providing some room for the PBoC to ease borrowing costs and support demand in the world’s top oil importer.
Meanwhile, reports indicate that Hezbollah radios exploded across southern Lebanon late Wednesday, following similar pager explosions the day before, raising fears of war in the region.
Meanwhile, Iran's entry into the conflict comes after Israel's defense minister warned that the country has entered a new phase in its war against its neighbors. Meanwhile, markets are eyeing the possibility of OPEC+ increasing supply.
Domestic retail gasoline prices on September 22, 2024 will be applied according to the adjustment session from 3:00 p.m. on September 19 by the Ministry of Finance - Ministry of Industry and Trade.
Item | Price (VND/liter/kg) | Difference from previous period |
E5 RON 92 gasoline | 18,941 | +51 |
RON 95 gasoline | 19,762 | +127 |
Diesel | 17,042 | -122 |
Oil | 17,551 | -239 |
Fuel oil | 14,826 | +359 |
Specifically, the price of E5 RON 92 gasoline increased by 51 VND/liter, to 18,941 VND/liter; RON 95 gasoline increased by 127 VND/liter, to 19,762 VND/liter.
Diesel 0.05S price: Decreased by 122 VND/liter, up to 17,043 VND/liter; Kerosene decreased by 239 VND/liter, up to 17,551 VND/liter; Madut 180CST 3.5S increased by 359 VND/kg, up to 14,826 VND/kg.
In this management period, the Ministry of Industry and Trade - Ministry of Finance will not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.
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| Domestic gasoline prices will be adjusted from 3:00 p.m. on September 19. Illustrative photo |
According to the Ministry of Industry and Trade, the world oil market in this operating period (from September 12, 2024 to September 18, 2024) is affected by factors such as: the US Federal Reserve's decision to cut interest rates, storms in the US Gulf of Mexico, China's oil demand remains weak, the military conflict between Russia and Ukraine continues, etc. The above factors have caused world oil prices in recent days to increase and decrease depending on each product.
Since the beginning of 2024, domestic gasoline prices have undergone 37 adjustment sessions, including 19 decreases, 15 increases and 4 opposite sessions.
Source: https://congthuong.vn/gia-xang-dau-hom-nay-ngay-2292024-tiep-tuc-lao-doc-347447.html
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