Forecast for gasoline price increase in the next period.

Brent crude was at $77.57 per barrel last weekend, rising to $79.47 per barrel this weekend. Overall for the past week, Brent crude gained $1.90 per barrel, or 2.5%, compared to the previous week.

According to analysts, geopolitical tensions and recession fears have temporarily subsided, driving oil prices higher. In addition, rising inflation in China is also contributing to the price increase.

Domestic fuel prices today

On August 11th, the retail prices of gasoline and diesel fuel, according to Petrolimex 's published price list in Zone 1 and Zone 2 (applied to 46 provinces and cities), are as follows:

The aforementioned domestic retail fuel prices were adjusted by the Ministry of Finance and the Ministry of Industry and Trade at the price adjustment meeting on the afternoon of August 8th. Accordingly, RON 95-III gasoline saw the largest decrease, at 930 VND/liter, followed by E5 RON 92 gasoline at 901 VND/liter. Mazut oil decreased by 858 VND/kg, diesel oil by 737 VND/liter, and kerosene by 684 VND/liter. This marks the fifth consecutive reduction in domestic fuel prices.

Today's fuel discounts

The discounted prices of petroleum products today, August 11th, at some domestic gas stations are as follows:

Pvoil applies the following discounts on August 11th: Diesel: 1,350 VND/liter; RON 95 - III gasoline: 1,100 VND/liter; E5 gasoline: 850 VND/liter. These discounts apply at Pvoil Dinh Vu, Petec An Hai, and Cai Lan depots.

Tu Luc fuel company's discounts on August 11th are as follows: Diesel: 1,300 VND/liter; RON 95 - III gasoline: 1,050 VND/liter; E5 gasoline: 800 VND/liter.

MIPEC fuel discounts on August 11th: Gasoline 95-III: 1,000 VND; E5 gasoline: 800 VND; diesel: 1,300 VND/liter

Forecast of domestic gasoline and diesel prices for the next period.

According to a representative of a petroleum business, domestic fuel prices will fluctuate according to global fuel prices. It is predicted that fuel prices may increase in the next price adjustment period.

Since the beginning of the year, starting from the price adjustment on January 4th, gasoline prices have increased 16 times and decreased 15 times. Diesel prices have increased 15 times and decreased 16 times.