Gasoline and oil prices decreased from 3:00 p.m. today, after adjustments by the Ministry of Industry, Trade and Finance.
The price of RON 95-III gasoline (a popular type on the market) decreased by 710 VND, to 19,800 VND per liter. E5 RON 92 is priced at 18,850 VND per liter, down 770 VND.
Oil products have new prices of 15,000-17,650 VND per liter or kg. Compared to 7 days ago, diesel decreased by 100 VND, to 17,400 VND. Kerosene is reduced by 220 VND, while mazut is reduced by 350 VND per kg.
Gasoline and oil prices change as follows:
| Item | New price | Change |
| Gasoline RON 95-III | 19.800 | – 710 |
| E5 RON 92 gasoline | 18.850 | – 770 |
| Diesel | 17.400 | – 100 |
| Kerosene | 17.650 | – 220 |
| Fuel oil | 15.000 | – 350 |
Unit: VND/liter or kg, depending on type
From the beginning of the year until now, gasoline prices have increased 19 times and decreased 20 times. Oil increased 16 times and decreased 23 times. The Inter-Ministry still does not set up a Petroleum Stabilization Fund, similar to previous operating periods.
The operator said that fuel prices increase and decrease depending on the product due to the impact of rising tensions in the Middle East, increased US crude oil reserves, and the continuing military conflict between Russia and Ukraine.
On average, in 7 days, finished gasoline reduces about 4.4-5.4%, oil reduces by 0.1-3%. Accordingly, each barrel of RON 95 gasoline is down to 81.9 USD, diesel is at 83.8 USD, mazut is 433 USD per ton.