Gasoline price today October 22, 2025: Maintaining stability

World oil price today October 22

Oil prices remained stable, after the market temporarily calmed concerns about oversupply and trade tensions between the US and China, the world's two largest oil consumers.

Brent crude futures edged up 0.11% to $61.08 a barrel. Meanwhile, WTI crude for November delivery edged up 0.24% to $57.66 a barrel ahead of its expiry date.

Gasoline price today October 22, 2025: Maintaining stability

After oil prices hit their lowest since early May in the previous session, the market recovered slightly on expectations that supplies will soon be rebalanced, although OPEC+ is still maintaining plans to add more supply.

One notable point is that the price structure of oil is shifting into a state of “contango”, where spot prices are lower than futures prices. This is usually a signal of abundant short-term supply and weak demand. However, experts say concerns about oversupply may be overblown.

The market structure has not shifted so much as to create a situation of large hoarding, suggesting that oil prices are still supported by the belief that the actual supply surplus will be smaller than previously forecast, according to Ole Hansen, head of commodity strategy at Saxo Bank.

A preliminary Reuters report ahead of official data from US energy agencies showed US crude oil inventories likely rose last week, while gasoline and diesel inventories fell.

Earlier, in the week ending October 10, US crude oil reserves increased more than expected, while gasoline and diesel inventories fell more than forecast. These fluctuations show that oil prices are still being supported by actual fuel consumption, although the market is still in a cautious phase regarding the global economic outlook.

Experts from UBS said that the “super contango” structure, a typical sign of a large oversupply market, has not yet appeared. This shows that oil prices are not yet under strong pressure from the production surplus as previously feared.

In addition, supporting factors such as stable demand and reasonably controlled production help oil prices maintain a temporary equilibrium. If the global economic growth momentum improves, oil prices may recover more firmly in the coming weeks.

Gasoline price today October 22, 2025

On the afternoon of October 16, the Ministry of Industry and Trade - Ministry of Finance announced the adjustment of retail gasoline prices in the new management period. From 3:00 p.m. on the same day, the price of E5 RON 92 gasoline increased by 88 VND/liter to 19,226 VND/liter, while RON 95-III gasoline increased by 174 VND/liter, reaching 19,903 VND/liter.

On the contrary, oil prices decreased, of which diesel decreased by 181 VND/liter, kerosene decreased by 28 VND/liter, and mazut decreased the most with 437 VND/liter.

Item	Price adjusted on October 16, 2025 (Unit: VND/liter)	Compared to yesterday (October 9, 2025) (Unit: VND/liter/kg)
E5 RON 92-II gasoline	19,226	+88
RON 95-III gasoline	19,903	+174
Diesel oil 0.05S19.038	18,423	-181
Kerosene	18,406	-28
Fuel oil	14,371	-437

During this operating period, the management agency continues not to set aside or use the Petroleum Price Stabilization Fund.

The Ministry of Industry and Trade and the Ministry of Finance said the management goal is to maintain a reasonable price difference between E5 RON 92 bio-fuel and RON 95 mineral gasoline to encourage people to use environmentally friendly fuel.

Source: https://baonghean.vn/gia-xang-dau-hom-nay-22-10-2025-giu-da-on-dinh-10308639.html