Petrol prices today in the country: On May 27, the Inter-Ministry of Industry, Trade and Finance adjusted gasoline prices according to the operating cycle for petroleum products.
Accordingly, the price of gasoline E5 RON 92 is not higher than 18,426 VND/liter; the price of gasoline RON 95-III is not higher than 19,531 VND/liter; the price of diesel oil 0.05S is not higher than 14,774 VND/liter; the price of kerosene is not higher than 13,825 VND/liter; the price of mazut oil 180CST 3.5S is not higher than 14,279 VND/kg.
Gasoline prices today in the world: In the morning session of June 8, according to Vietnam time, on the New York Mercantile Exchanghe, the price of WTI light sweet crude oil delivered in August 2021 traded at $68.91/barrel, down $0.13 /bin in session. Compared to the same time on June 7, the price of WTI oil delivered in August 2021 has also decreased by $0.62.
Meanwhile, the price of Brent oil delivered in August 2021 traded at 71.39 USD/barrel, down 0.10 USD/barrel during the session and compared to the same time on 7/6 fell by 0.62 USD.
It can be seen that the world oil price dropped sharply today when the crude oil market received a lot of negative information. The Covid-19 epidemic is still developing complicatedly in many countries in Asia such as India, Thailand, etc., raising many concerns about the prospect of a recovery in global consumption demand.
Moreover, the growing US-China tension related to the origin of Covid-19 makes trade measures between the two countries in the near future likely to increase.
In particular, in some European countries, the emergence of a new virus strain has warned the economies of these countries.
Although the Covid-19 vaccine is promoted and has many positive changes, the uneven development among many countries has increased the risk of a large epidemic outbreak, also raising some concerns of the natural market. including crude oil.
In particular, the price of gold today also dropped sharply because the psychological effect of investors on global stocks was not much excitement.