Buy and sell gasoline and oil at Petrolimex gasoline and oil business points.
According to Mr. Doan Tien Quyet, data analysis expert of VPI, the gasoline price forecasting model applying the Artificial Neural Network (ANN) model and the supervised learning algorithm in Machine Learning of VPI predicts that the retail price of E5 RON 92 gasoline may decrease by 79 VND to 19,571 VND/liter, while RON 95-III gasoline may decrease by 82 VND to 20,008 VND/liter.
VPI's model forecasts that retail oil prices this period will increase slightly from 0.3 to 0.8%, specifically diesel may increase by 0.3% to 18,886 VND/liter, kerosene may increase by 0.8% to 18,517 VND/liter, and mazut is forecast to increase by 0.3% to 15,604 VND/kg. VPI forecasts that the Ministry of Finance and Industry and Trade will continue not to set aside or use the Petroleum Price Stabilization Fund this period.
In the world market, world oil prices fell less than 1% in the session on July 15, of which, North Sea Brent oil price fell 0.7% to 68.71 USD/barrel; US light sweet crude oil price (WTI) fell 0.7% to 66.52 USD/barrel.
World oil prices fell after US President Donald Trump gave Russia a 50-day deadline to end the conflict in Ukraine and avoid sanctions, a move that eased concerns about the risk of supply disruption in the near term.
Oil prices had earlier risen on the possibility of US sanctions, but the market later reversed course as the 50-day deadline raised hopes that sanctions could be avoided.
In a note, analysts at ING said that if the proposed sanctions were implemented, it would radically change the outlook for the oil market. ING said China, India and Türkiye are the biggest buyers of Russian crude. These countries would have to weigh the benefits of buying cheap Russian crude against the impact on their exports to the US.
The market is also facing pressure from trade policies. Mr. Trump has announced that he will impose a 30% tariff on most imports from the European Union and Mexico starting August 1, following similar warnings for other countries. The tariffs raise the risk of slowing economic growth, which could reduce global fuel demand and push down oil prices.
Meanwhile, data released on July 15 showed China's economic growth slowed in the second quarter of 2025, and the market is bracing for a weaker second half as exports lose momentum, prices continue to fall and consumer confidence remains low.
Regarding US supplies, market sources cited data from the American Petroleum Institute (API) as saying that US crude oil inventories rose by 839,000 barrels last week. Official US government data on crude oil reserves will be released on July 16.
baotintuc.vn
Source: https://baolaocai.vn/vpi-du-bao-gia-xang-giam-nhe-trong-ky-dieu-hanh-ngay-mai-177-post648905.html
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