Up more than 13% in the first half of 2024

Gasoline price today , world oil price June 30 , 2024

According to data on Oilprice at 4:30 a.m. on June 30, 2024 (Vietnam time), WTI oil price was at 81.46 USD/barrel, down 0.24% (equivalent to a decrease of 0.20 USD/barrel).

WTI oil price on the world market early morning June 30 (Vietnam time)

Similarly, Brent oil price was at 84.84 USD/barrel, down 0.30% (equivalent to a decrease of 0.26 USD/barrel).

Brent oil price on the world market early morning of June 30 (Vietnam time)

WTI crude oil prices fell 0.24% to $81.46/barrel, Brent crude prices fell 0.30% to $84.84/barrel on Friday as investors weighed weak US fuel demand and booked some profits at the end of the quarter.

Meanwhile, new data showed the US Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, remained unchanged in May, raising hopes of a rate cut in September.

On the supply side, EIA data showed rising U.S. crude and gasoline inventories, raising concerns about demand in the world’s largest oil consumer. Oil prices posted two-week gains and fell 0.2% for the week. However, prices rose about 6% in June, bringing the total increase to more than 13% in the first half of 2024.

Domestic gasoline prices today June 30, 2024

Domestic retail gasoline prices on June 30, 2024 will be applied according to the adjustment session from 3:00 p.m. on June 27 by the Ministry of Finance - Ministry of Industry and Trade.

Domestic gasoline prices will be adjusted from 3:00 p.m. on June 27. Illustrative photo

Specifically, the price of E5 RON 92 gasoline increased to 22,014 VND/liter; RON 95 gasoline increased to 23,010 VND/liter.

In this adjustment session, oil prices continued to increase. Specifically, diesel prices increased to 20,689 VND/liter; kerosene increased to 20,614 VND/liter. Fuel oil increased by 223 VND/kg to 17,446 VND/kg.

Item	Price (VND/liter/kg)	Difference from previous period
E5 RON 92 gasoline	22,014	+506
RON 95 gasoline	23,010	+544
Diesel	20,689	+329
Oil	20,614	+258
Fuel oil	17,446	+223

According to the explanation of the Ministry of Industry and Trade, the above changes in domestic gasoline prices are due to the influence of factors such as: escalating tensions in the Middle East, increased oil inventories in the US, ongoing military conflicts between Russia and Ukraine, etc. The above factors have caused world gasoline prices to fluctuate up and down in recent days, but the main trend is upward.

Regarding the Petroleum Price Stabilization Fund (BOG) in this management period, the Ministry of Industry and Trade - Ministry of Finance decided: Not to set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

Thus, since the beginning of the year, the regulatory agency has made 26 adjustments to gasoline prices, including 11 periods of simultaneous increases, 7 periods of price decreases, and 8 periods of alternating increases and decreases in gasoline prices.

Source: https://congthuong.vn/gia-xang-dau-hom-nay-ngay-3062024-tang-hon-13-trong-nua-dau-nam-2024-329118.html