Oil and gasoline prices have seen a decrease at 3:00 p.m. today, following the adjustments made by the Ministry of Industry, Trade, and Finance. The joint management of the Ministry 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 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.
In recent times, gasoline and oil prices have fluctuated multiple times due to various factors such as global economic conditions and geopolitical tensions. Despite these changes, the Price Stabilization Fund for fuel products was not utilized during this period due to fluctuations in fuel prices being attributed to various factors such as global economic conditions and geopolitical tensions.
The fluctuations in prices were attributed to various factors such as global economic conditions and geopolitical tensions. Average prices for gasoline and oil saw a decrease in the past week’s finished gasoline prices dropping by 7-7.1% while oil prices decreased by 1-4.9%. Each barrel of RON 95 gasoline is now priced at $98.4 USD while diesel is priced at $96 USD and mazut is priced at $514.7 USD per tonne
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