Oil prices today August 26: World oil prices go up, domestic prices are mixed

World oil price developments

On the morning of August 26, Brent crude oil price reached 68.73 USD/barrel, up 0.99 USD; WTI crude oil price reached 64.72 USD/barrel, up 1.08 USD. This is an increase of more than 1% in the first session of the week, when traders were concerned that supplies from Russia could be interrupted by UAV attacks and new sanctions from the US.

Domestic gasoline prices

According to the operating period on August 21, domestic retail gasoline prices have increased. E5RON92 gasoline increased by 110 VND/liter, to 19,464 VND/liter; RON95-III increased by 208 VND/liter, reaching 20,092 VND/liter.

On the contrary, oil prices decreased. Diesel oil decreased by 172 VND/liter to 17,905 VND/liter; kerosene decreased by 206 VND/liter to 17,814 VND/liter; fuel oil decreased by 152 VND/kg to 15,116 VND/kg.

Fuel type	Adjustment level (VND)	New retail price (VND)
E5RON92 gasoline	+110	19,464 / liter
RON95-III gasoline	+208	20.092 / liter
Diesel oil 0.05S	-172	17.905 / liter
Oil	-206	17,814 / liter
Mazut oil 180CST 3.5S	-152	15,116 / kg

During this period, the Ministry of Industry and Trade and the Ministry of Finance did not use the Price Stabilization Fund.

Impact factors

US President Donald Trump has warned that he will tighten sanctions on Russia if Ukraine peace talks do not progress in the next two weeks. He also raised the possibility of imposing heavy tariffs on India because of its large purchases of Russian oil. Meanwhile, Vice President JD Vance revealed that Moscow has made some concessions during the negotiations.

The situation became more tense when a large oil refinery in Russia caught fire after a UAV attack. The plant has a capacity of about 100,000 barrels/day, mainly for export.

Source: https://baodanang.vn/gasoline-price-today-26-8-dau-the-gioi-di-len-trong-nuoc-trai-chieu-3300346.html