The recent fluctuations in gasoline and oil prices are a reflection of the dynamic nature of the fuel market, with prices changing multiple times in both gasoline and oil products. Despite these changes, the Price Stabilization Fund for fuel products was not utilized during this period. The operator mentioned that fuel prices were affected by various factors such as global economic conditions and geopolitical tensions.
Today, at 3:00 p.m., gasoline and oil prices experienced another adjustment made by the Ministry of Industry, Trade, and Finance. The joint management announced that the price of RON 95-III gasoline dropped by 1,410 VND to 23,540 VND per liter. E5 RON 92 gasoline also decreased by 1,290 VND to 22,620 VND per liter. Oil products also experienced a decrease in prices, with new prices ranging from 17,500 to 19,840 VND per liter. Fuel oil was reduced by 260 VND to 17,660 VND per kg.
The average prices for gasoline and oil saw a decrease in the past 7 days, with finished gasoline prices dropping by 7-7.1% and oil prices decreasing by 1-4.9%. Each barrel of RON 95 gasoline is now priced at 98.4 USD, diesel at