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oil prices
Latest news regarding oil prices.
Fuel price update today, July 3, 2026: Crude oil prices fall another 2%.
Today, July 3, 2026, domestic gasoline and diesel prices continue to apply the new retail rates after a sharp reduction in the previous price adjustment, while world oil prices extended their downward trend by about 2%.
Market
Fuel prices today, June 27th: World crude oil prices fall below $70 per barrel.
Domestic gasoline prices today, June 27, 2026, continue to apply the price list after the adjustment on the afternoon of June 25. E10 RON 95-III gasoline is currently priced at 19,910 VND/liter in Zone 1, marking the end of the RON 95 price adjustment period...
Fuel prices today, June 21, 2026: Diesel fuel drops sharply by 4,120 VND per liter.
As of June 21, 2026, diesel prices recorded their deepest drop of over 4,100 VND/liter compared to the beginning of the month. E5 RON 92 and RON 95 gasoline prices also decreased by 2,900 - 3,100 VND/liter...
Gasoline and diesel prices today, June 18, 2026: Domestic market remains stable, world oil prices approach $80.
Domestic gasoline and diesel prices remained stable today after the downward adjustment on June 11th. On the international market, Brent crude oil prices approached the $80/barrel mark due to geopolitical tensions.
Gasoline prices today, June 19, 2026: RON 95 drops to 20,750 VND, crude oil hits a 3-month low.
Domestic fuel prices today, June 19th, remain at their lowest level in the past three months after a sharp drop. E10 RON 95 gasoline is currently priced at 20,750 VND/liter, while diesel has decreased by more than 2,300 VND.
Fuel prices on June 18th: E10 RON 95 gasoline drops sharply to 20,750 VND/liter.
From 3 PM on June 18, 2026, gasoline and diesel prices will drop sharply across the board, with diesel falling by as much as 2,340 VND/liter. This development is directly influenced by the cooling trend in world crude oil prices.
Iran exports its first crude oil shipment in two months.
Iran successfully exported its first shipment of crude oil in two months, marking a significant step forward after the US and Iran reached a framework agreement to end fighting and lift the naval blockade.
OPEC has lowered its forecast for global oil demand growth in 2026 to 970,000 barrels per day.
June 15, 2026 11:32
OPEC has lowered its 2026 oil demand forecast for the second consecutive year due to the impact of the Iran conflict and the blockage of the Strait of Hormuz, although it remains more optimistic than other organizations.
OPEC has lowered its forecast for oil demand growth in 2026 to 970,000 barrels per day.
June 15, 2026 10:59
The Organization of Petroleum Exporting Countries (OPEC) has just revised down its global oil demand forecast for the second consecutive time, reflecting concerns about geopolitical instability.
How did the world react to the news of the US-Iran agreement?
June 15, 2026 09:44
Immediately after the US and Iran announced a peace agreement to end more than three months of conflict in the Middle East, the international community unanimously welcomed it. The energy market...
The US and Iran reach a historic peace agreement, reopening the Strait of Hormuz.
June 15, 2026 06:54
The United States and Iran have officially reached a peace agreement, agreeing to end military activity "immediately and permanently" on all fronts. This agreement marks the end of the conflict...
Malaysian palm oil prices reached 4,529 ringgit amid Indonesia's tightening of export restrictions.
June 12, 2026 16:34
Palm oil futures contracts in Malaysia edged lower on June 12th due to pressure from global vegetable oil prices and a strengthening local currency, although they maintained their fourth consecutive weekly gain.
Global trade surged to record highs driven by soaring commodity prices and the AI craze.
June 12, 2026 14:31
Export volumes in major economies such as the US, China, and Taiwan rose more than expected, largely due to fluctuations in value rather than actual volume.
US launches retaliatory airstrikes against Iran over downed helicopter; Tehran issues strong warning.
June 10, 2026 08:54
The US military has just carried out airstrikes on Iranian territory in retaliation for the downing of a Washington Apache helicopter.
Market update June 9th: Asian stocks rebound strongly, gold price falls to $4,320/ounce.
June 9, 2026 18:59
The Kospi index rose 3.4%, leading the recovery in Asian stocks on June 9, while gold and iron ore prices continued to fall due to interest rate pressures from the US and weak demand in China.
Iran and Israel announce a temporary ceasefire, will the Middle Eastern "powder keg" cool down?
June 9, 2026 07:19
On June 8th (local time), both Iran and Israel simultaneously confirmed that they had temporarily halted hostilities after a night of tit-for-tat missile exchanges.
OPEC+ will increase its production quota by an additional 188,000 barrels of oil per day starting in July 2026.
June 8, 2026 15:00
The OPEC+ group has just agreed to increase oil production for the fourth consecutive month in an effort to restore energy supply, despite geopolitical obstacles in the Strait of Hormuz region.
OPEC+ will increase oil production quotas by 188,000 barrels per day starting in July 2026.
June 8, 2026 14:31
The OPEC+ alliance continued its production easing program for the fourth consecutive month despite supply disruptions in the Strait of Hormuz due to the US-Iran conflict.
The IEA warns that global oil inventories could fall to critical levels ahead of the peak summer season.
June 3, 2026 17:30
The IEA forecasts that global oil inventories could fall to record lows due to strong summer demand, while the supply deficit in the Gulf region shows no sign of abating.
The IEA warns global oil inventories could fall to critical levels, while Brent crude remains pegged at $94.
June 3, 2026 12:35
The International Energy Agency (IEA) notes that oil inventories are declining rapidly ahead of peak summer consumption in the Northern Hemisphere. Despite a sharp increase in supply from the Americas, the decline from the region...
Singapore strengthens its position as a global oil hub amid supply fluctuations.
June 2, 2026 17:02
Singapore is currently the world's third-largest energy market, with record sales of marine fuel reaching 57 million tonnes, despite pressures from geopolitical crises.
US crude oil exports set a new record of 5.6 million barrels per day in May 2026.
June 2, 2026 12:03
U.S. crude oil exports are expected to reach an all-time high in May 2026 as conflicts in the Middle East prompt global refiners to seek alternative sources of supply.
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