Update on gasoline price trends
World oil prices maintain slight increase
On the morning of July 31 (Vietnam time), Brent oil price increased by 0.96 USD, to 73.47 USD/barrel; WTI oil price increased by 1.11 USD, to 70.32 USD/barrel. The increase of over 1% was recorded after US President Donald Trump warned of imposing strong taxes on countries that continue to buy oil from Russia.
The market also reacted to reports that India may cooperate with the United States, which could affect Russia’s more than 2 million barrels per day of oil exports. In addition, data from the United States showed a surprise increase of 7.7 million barrels of crude oil inventories, while gasoline inventories fell sharply by 2.7 million barrels.
Domestic gasoline prices today July 31
From 3:00 p.m. on July 24, the Ministry of Industry and Trade - Ministry of Finance adjusted retail gasoline prices as follows:
| Fuel type | Adjustment level | New retail price |
| E5 RON92 gasoline | Reduced by 202 VND/liter | 19,279 VND/liter |
| Gasoline RON95-III | Reduced by 216 VND/liter | 19,709 VND/liter |
| Diesel 0.05S | Increase 330 VND/liter | 19,129 VND/liter |
| Oil | Increase 199 VND/liter | 18,628 VND/liter |
| Mazut oil 180CST 3.5S | Discount 99 VND/kg | 15,379 VND/kg |
During this operating period, the Petroleum Price Stabilization Fund is not allocated or used for any item.
Source: https://baodanang.vn/gia-xang-dau-hom-nay-31-7-dau-giu-vung-da-tang-3298309.html
Comment (0)