World oil prices
On the morning of August 14, 2025 (Vietnam time), Brent oil price decreased by 1.21% to 65.32 USD/barrel, WTI decreased by 1.42% to 62.27 USD/barrel. US crude oil reserves unexpectedly increased by 3 million barrels, reaching 426.7 million barrels, causing downward pressure on prices. The Trump-Putin meeting on August 15 in Alaska and the possibility of sanctions against Russia affected the market.
The IEA forecasts a rising oil surplus, with US output peaking at 13.41 million barrels per day this year, but declining by 2026.
Domestic gasoline prices
From 3:00 p.m. on August 7, 2025, E5RON92 gasoline increased by VND207/liter to VND19,608/liter, RON95 increased by VND234/liter to VND20,074/liter. Diesel decreased by VND268/liter to VND18,800/liter, kerosene decreased by VND54/liter to VND18,660/liter, and fuel oil increased by VND114/kg to VND15,647/kg. This afternoon, gasoline prices may decrease by VND300-500/liter.
Fuel type | Adjustment level (VND) | Maximum retail price (VND) |
E5 RON92 gasoline | + 207 | 19.608/liter |
Gasoline RON95-III | + 234 | 20.074/liter |
Diesel 0.05S | - 268 | 18,800/liter |
Oil | - 54 | 18,660/liter |
Mazut oil 180CST 3.5S | + 114 | 15.647/kg |
Market situation
Weak oil demand, US oil exports fall due to tariffs. OPEC raises 2026 demand forecast to 1.38 million barrels/day, but non-OPEC+ supply increases sharply. If Russia-Ukraine talks fail, US may tighten sanctions, affecting oil prices.
Source: https://baodanang.vn/gia-xang-dau-hom-nay-14-8-lao-doc-thap-nhat-trong-hon-hai-thang-3299335.html
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