Fuel prices decline
By Mei Ling Tan
1 min read
Gasoline and diesel prices fell Thursday afternoon after reaching a six-month high a week earlier.
The popular gasoline RON95 dropped 1.03% to VND21,110 (US$0.83) per liter.
Biofuel E5 RON92 went down 0.96% to VND20,650.
Diesel fell 0.58% to VND18,950.
Regulators said that in the last seven days fuel prices were affected by the U.S.’ push on hiking tariffs on goods from China and other trading partners.
Other factors included increasing U.S. oil reserves and the potential of a peace agreement between Russia and Ukraine.
Gasolines dropped 1.5% in the period while oils fell 0.01%-1.5%.
RON95 is now at $86.1 per barrel and diesel at $90.2.