Oil prices today 04/14/2025: World crude oil rebounds

Oil prices today 04/14/2025: World oil prices recovered after consecutive sessions of sharp declines in the previous sessions, while Brent and WTI crude oil both increased by more than 2%. Specifically, WTI oil price was at 61.48 USD/barrel, up 2.38%, Brent oil price was at 64.59 USD/barrel, up 2.26%.

 

Oil prices today 04/14/2025

 

Recorded on Oilprice at 4:30 a.m. on 04/14/2025 (Vietnam time), Brent oil price was at 64.59 USD/barrel, up 2.26% (equivalent to an increase of 1.43 USD/barrel).

 

Giá xăng dầu hôm nay 14/04/2025:
Brent oil price on the world market in the early morning of April 14, 2025 (Vietnam time)

 

Similarly, WTI oil price was at 61.48 USD/barrel, up 2.38% (equivalent to an increase of 1.43 USD/barrel).

 

Giá xăng dầu hôm nay 14/04/2025:
WTI oil price on the world market in the early morning of April 14, 2025 (Vietnam time)

 

Oil prices fluctuated this week, with Brent down 82 cents and WTI down 49 cents for the week, marking a second consecutive weekly decline but the decline was narrowed.

 

Although oil prices rose more than 2% in the final trading session of the week after news that the US could block Iran’s oil exports. However, this increase was not enough to make up for the “loss” in previous trading sessions. Therefore, oil prices this week recorded another weekly decline. Brent oil prices closed the trading week at $64.59/barrel; WTI oil prices ended the week at $61.48/barrel.

 

According to Lipow Oil Associates President Andrew Lipow, strict enforcement of restrictions on Iran’s crude oil exports will reduce global supply.

Ole Hansen, head of commodity strategy at Saxo Bank, said: “Although some tariffs, except for those on China, have been delayed by 90 days, the damage to the market has already been done, making it difficult for prices to stabilize.

The US Energy Information Administration has cut its global economic growth forecast and warned that tariffs could put significant pressure on oil prices. The agency has lowered its forecast for US and global oil demand this year and next.

 

Domestic gasoline prices today, April 14, 2025

 

Domestic gasoline retail prices on April 14, 2025 are applied according to the adjustment session from 3:00 p.m. on April 10 by the Ministry of Finance – Ministry of Industry and Trade.

 

Item Price (VND/liter/kg) Difference from previous period
E5 RON 92 18.882 -1.491
RON 95 19.207 -1.712
Diesel 17.243 -1.235
Dầu hỏa 17.413 -1.322
Dầu mazut 15.902 -1.124

 

Specifically, the price of E5 RON 92 gasoline decreased by VND1,491/liter, down to VND18,882/liter; RON 95 gasoline decreased by VND1,712/liter, down to VND19,207/liter.

The price of 0.05S diesel decreased by VND1,235/liter, down to VND17,243/liter; kerosene decreased by VND1,322/liter, down to VND17,413/liter; the price of 180CST 3.5S mazut decreased by VND1,124/kg, down to VND15,902/kg.

 

Gasoline price today April 14, 2025