Each liter of gasoline is reduced by 310-320 VND, oil products (except fuel) are reduced by 730 VND depending on type, from 3:00 p.m. today.
According to the executive of the Ministry of Industry, Trade and Finance today, the price of RON 95-III gasoline (a popular type on the market) decreased by 320 VND, to 24,910 VND; E5 RON 92 is 310 VND less, at 23,910 VND per liter.
Similarly, oil products (except fuel) also decreased and had a new price of 20,680-20,710 VND per liter compared to 7 days ago. Fuel oil alone increased by 200 VND, to 17,400 VND per kg.
Gasoline and oil prices change as follows:
| Items | New price | Change |
| Gasoline RON 95-III | 24,910 | – 320 |
| E5 RON 92 gasoline | 23,910 | – 310 |
| Diesel oil | 20,710 | – 730 |
| Kerosene | 20,680 | – 730 |
| Fuel oil | 17,400 | + 200 |
Unit: VND/liter or kg, depending on type
Thus, from January 4 until now, gasoline and oil prices have increased 10 times and decreased 7 times. Similar to the previous operating period, today the Inter-Ministry does not deduct or spend from the Price Stabilization Fund for fuel products.
The operator said that fuel prices fluctuated last week due to the risk of direct conflict between Israel and Iran, a decrease in US commercial crude oil inventories, and the continuing military conflict between Russia and Ukraine.
On average, in 7 days, finished gasoline prices decreased by 2.4-2.5%, oil prices (except fuel) decreased by 4.8%. Accordingly, each barrel of RON 95 gasoline is down to 105 USD, and diesel oil is down to 101 USD. Fuel oil alone increased by 0.6%, to 511 USD per ton.
Phuong Dung
