Gasoline price today September 5: Domestic gasoline price increases simultaneously

Global oil prices have leveled off, and domestic prices have entered a new adjustment session with a slight increase for both gasoline and oil.

World oil prices fall

On the morning of September 5, world oil prices continued to decline slightly after losing more than 2% in the previous session. Brent crude oil traded at 67.13 USD/barrel, down 0.48 USD; WTI crude oil fell to 63.62 USD/barrel, down 0.35 USD. The decline reflects investors' cautious sentiment ahead of the OPEC+ meeting scheduled for this weekend, where the group of oil-producing countries may discuss increasing production from October to regain market share.

According to PVM's analysis, if OPEC+ prioritizes expanding market share instead of maintaining prices, the market is at risk of oversupply in the final period of the year. In addition, weak employment data from the US and the increase in Venezuelan oil exports to the US also create downward pressure on prices. However, the decline in US gasoline inventories has somewhat helped the market limit a deep fall.

Domestic gasoline prices adjusted up

From 3:00 p.m. on September 4, the Ministry of Industry and Trade and the Ministry of Finance will adjust retail gasoline prices.

Accordingly, E5RON92 gasoline increased by 80 VND/liter to 19,851 VND/liter, RON95III increased by 76 VND/liter to 20,439 VND/liter. Diesel 0.05S increased by 116 VND/liter, selling at 18,473 VND/liter; kerosene increased by 89 VND/liter, reaching 18,314 VND/liter; fuel oil increased by 116 VND/kg, to 15,376 VND/kg.

In this period, the management agency did not use the Price Stabilization Fund. The joint ministries said that the adjustment decision aims to closely follow the fluctuations in crude oil and finished product prices on the international market, while maintaining a reasonable price difference between biofuel and mineral gasoline to encourage the consumption of environmentally friendly fuels.

Market picture from the beginning of the year

Since the beginning of 2025, domestic gasoline prices have undergone 35 adjustments, including 13 decreases, 16 increases, and 6 opposite fluctuations. This fluctuation trend directly reflects the complex developments in the world market, affected by OPEC+ policies, US economic fluctuations, the Russia-Ukraine conflict, and changes in the USD exchange rate.

Source: https://baodanang.vn/gia-xang-dau-hom-nay-5-9-xang-dau-trong-nuoc-dong-loat-tang-3301100.html