Market Prices on April 25, 2025
25-04-2025
Oil prices today 04/21/2025: Oil prices recorded a weekly increase when both Brent and WTI oil products regained 5% of the price loss from the previous weeks’ decline.
Oil prices today 04/21/2025
Recorded on Oilprice at 4:30 a.m. on 04/21/2025 (Vietnam time), Brent oil price was at 67.85 USD/barrel, up 3.20% (equivalent to an increase of 2.11 USD/barrel).
Similarly, WTI oil price was at 64.45 USD/barrel, up 3.54% (equivalent to an increase of 2.21 USD/barrel).
World oil prices have just recorded a strong weekly increase, ending a two-week decline. The increase mainly comes from factors supporting supply and expectations of improved trade relations between the US and the EU.
One of the reasons for the increase in oil prices is the US imposing additional sanctions to tighten Iran’s oil exports, including many companies and shipping vessels related to China. This has raised concerns about a global supply shortage and pushed up risk premiums.
At the same time, OPEC announced an update on its production cut plan for some member countries, raising the adjustment level from 196,000 – 520,000 barrels/day, higher than the previous level. This move contributed to tightening the market and supporting price increases.
In addition to supply factors, the prospect of trade negotiations
between the US and the EU, especially after the meeting between US President Donald Trump and Italian Prime Minister Giorgia Meloni, also created positive sentiment for the market.
Brent crude oil prices ended the week up 7%, returning to $68/barrel; WTI rose more than 5%. Also last week, the European Central Bank (ECB) cut interest rates by another 25 basis points to 2.25%, the seventh reduction in a year. The ECB also warned that economic growth would be significantly affected by US tariffs, reinforcing expectations of further policy easing in the coming months.
Domestic gasoline prices today, April 21, 2025
Domestic gasoline retail prices on April 21, 2025 are applied according to the adjustment session from 3:00 p.m. on April 17 by the Ministry of Finance – Ministry of Industry and Trade.
| Unit | Price (VND/liter/kg) | Difference from previous period |
| Xăng E5 RON 92 | 18.498 | -384 |
| Xăng RON 95 | 18.856 | -351 |
| Dầu diesel | 17.037 | -206 |
| Dầu hỏa | 17.184 | -229 |
| Dầu mazut | 15.960 | +58 |
Specifically, the price of E5 RON 92 gasoline decreased by VND 384/liter, down to VND 18,498/liter; RON 95 gasoline decreased by VND 351/liter, down to VND 18,856/liter.
The price of 0.05S diesel decreased by VND 206/liter, down to VND 17,037/liter; kerosene decreased by VND 229/liter, down to VND 17,184/liter; the price of 180 CST 3.5S mazut increased by VND 58/kg to VND 15,960/kg.
In this adjustment period, the Ministry of Industry and Trade – Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel, kerosene, and mazut.
Thus, from the beginning of 2025 to now, domestic gasoline prices have undergone 16 adjustment sessions, including 7 sessions of decrease, 6 sessions of increase and 3 sessions of opposite direction.
