Oil prices in the world today: In the morning session of June 1, according to Vietnam time, on the New York Mercantile Exchanghe, the price of WTI light sweet crude oil delivered in July 2021 stood at $67.21/barrel, up $0.89/barrel. in session. Compared with the same time on May 31, the price of WTI oil delivered in July 2021 has increased by $0.62/barrel.
Meanwhile, Brent oil price delivered in August 2021 stood at 69.70 USD/barrel, up 0.98 USD/barrel during the session. Compared to the same time on May 31, it increased by $0.82/barrel.
It can be seen that, on June 1, oil prices started to increase sharply in the context that the market recorded many positive signals about the improvement of crude oil consumption demand in the coming time.
Moreover, the announcement of a spending plan of up to $ 6 trillion that has just been proposed by President Joe Biden for 2020 and will be gradually increased to $ 8 trillion in 2031 has made investors expect a lot.
Besides, many countries have reopened, especially the US and EU, which are expected to strongly improve energy consumption demand, including crude oil.
Some analysts believe that the reopening that causes Americans and Europeans to increase travel after the long-term effects of the epidemic could pull global oil demand to 100 million barrels / day in the first quarter III/2021.
In addition, the dollar depreciated sharply, sliding to the lowest level in many years, boosting oil prices today.
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; price of mazut oil 180CST 3.5S is not higher than 14,279 VND/kg.