Diesel hits 6-week low, gasoline steadies
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Vietnam’s gasoline prices inched up while diesel dropped to a six-week low Thursday afternoon.
The popular fuel RON95 gained 0.15% to VND20,590 (US$0.81) per liter.
Diesel dropped 0.71% to VND18,250.
Regulators said that fuel prices in the last seven days were affected by rising geopolitical tension in the Middle East, ongoing conflict between Russia and Ukraine, and OPEC+’s reduced oil demand growth forecast for 2025.
Gasolines went up 0.2% while oils fell 0.8-4.3% in the period. RON95 is now at $84.1 per barrel and diesel at $86.9.
Questions & Answers
Q.What are the latest prices for RON95 and diesel in Vietnam?
What are the latest prices for RON95 and diesel in Vietnam?
RON95 is currently priced at VND20,590 (US$0.81) per litre. Diesel has dropped to VND18,250 per litre. These figures reflect changes recorded on Thursday afternoon.
Q.What factors influenced the recent changes in fuel prices?
What factors influenced the recent changes in fuel prices?
Regulators cited rising geopolitical tension in the Middle East and the ongoing conflict between Russia and Ukraine. OPEC+'s reduced oil demand growth forecast for 2025 also played a part.
Q.How much has RON95 changed in price recently?
How much has RON95 changed in price recently?
The popular fuel RON95 gained 0.15% in price on Thursday afternoon. Over the last seven days, gasolines, including RON95, went up by 0.2% overall.
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