This afternoon, gasoline prices are expected to decrease by more than 1,000 VND/liter.

Gasoline prices in the management period this afternoon (July 3) are forecast to decrease by about 1,200 - 1,400 VND/liter, this is the second consecutive decrease this week.

Gasoline prices are expected to drop this afternoon.

If the above forecast is correct, the price of gasoline will decrease for the second consecutive time this week. On July 1, gasoline prices began to be reduced by 2% VAT (to 8%). Accordingly, the Ministry of Industry and Trade - Ministry of Finance adjusted the price of E5 RON92 gasoline down by 101 VND/liter compared to the previous period, not higher than 20,530 VND/liter; and reduced the price of RON95 gasoline by 128 VND/liter, not higher than 21,116 VND/liter.

Meanwhile, the prices of other types of oil increased in the opposite direction. Specifically, the price of diesel oil increased by 193 VND/liter compared to the previous period, not higher than 19,349 VND/liter. The price of kerosene oil increased by 141 VND/liter compared to the previous period, not higher than 19,064 VND/liter. However, the price of fuel oil decreased by 668 VND/kg, not higher than 16,955 VND/kg.

Since the beginning of 2025, domestic gasoline prices have undergone 25 adjustment sessions, including 9 decrease sessions, 11 increase sessions and 5 opposite sessions.

Recorded on Oilprice at 5:30 a.m. on July 3 (Vietnam time), Brent oil price was at 68.72 USD/barrel, up 1.59 USD/barrel, WTI oil price was at 67.0 USD/barrel, up 1.59 USD/barrel.

Since June 25, Brent prices have fluctuated between $66.34 and $69.05 per barrel, as concerns about supply disruptions from the Middle East subsided after Iran and Israel reached a ceasefire.

Oil prices today were also supported by news that President Donald Trump confirmed that the US and Vietnam have reached a trade agreement.

However, the oil price rally was halted after the US Energy Information Administration (EIA) announced that domestic crude oil inventories unexpectedly increased by 3.8 million barrels last week, bringing total reserves to 419 million barrels.

Analysts polled by Reuters had expected a decline of 1.8 million barrels. At the same time, gasoline demand in the US fell to 8.6 million barrels a day, raising concerns about consumption during the peak summer driving season.

Source: https://baohatinh.vn/chieu-nay-gia-xang-du-bao-giam-tiep-hon-1000-donglit-post291011.html