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Petrol costs at this time on August 24: Proceed to leap to the highest

Wednesday, August 24, 2022 08:41

Within the newest buying and selling session, home gasoline costs remained unchanged whereas world crude oil costs continued to rise.

Gasoline costs at this time on this planet

Within the buying and selling session on August 24, in keeping with Vietnam time, in keeping with Vietnam time, on the New York Mercantile Alternate, the value of WTI mild candy crude oil delivered in September 2022 stood at 93.71 USD/barrel, down 0. 03 USD/barrel in session. Nonetheless, if in contrast with the identical time on August 23, the value of WTI oil delivered in October 2022 has elevated by 2.97 USD/barrel.

Brent oil value delivered in October 2022 stood at $100.23/barrel, up $0.01/barrel throughout the session however rose to $3.54 over the identical interval on August 23.


It may be seen that oil costs continued to extend strongly at this time within the context of the market receiving warnings about the potential for provide cuts from Saudi Arabia.

As well as, at this time’s oil value was additionally boosted by the information that US crude oil inventories final week continued to drop sharply. Furthermore, the information of the weakening USD made oil costs rise at this time.

Together with that, provide disruptions that despatched gasoline costs in Europe to a 14-year excessive additionally affected crude oil costs at this time.

Petrol value at this time within the nation

Gasoline value at this time

On the afternoon of August 22, the Ministry of Trade and Commerce – Finance determined to regulate the retail gasoline value each 10 days.


In the course of the working interval on August 22, the gasoline value was adjusted to maintain the identical value because the adjustment on August 11. Particularly, the value of gasoline RON 95-III and E5 RON 92 remained unchanged at 24,660 VND and 23,720 VND/liter, respectively.

Oil value at this time

Though the gasoline value on this working interval remained unchanged, the promoting value for oil merchandise was adjusted sharply. Accordingly, the value of diesel oil elevated by 850 VND per liter to 23,750 VND. Kerosene additionally elevated by 730 VND, to 24,050 VND per liter. Significantly for mazut oil, the promoting value stays the identical, VND 16,540 per kg as 10 days in the past.

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