Fuel prices drop for third straight time
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Gasoline and diesel prices in Vietnam fell for the third straight time Thursday afternoon.
RON95 gasoline price dropped 5.91% to VND21,000 per liter, lowest since December 21.
Biofuel E5 RON92 fell 6.07% to VND20,130. Diesel declined by 3.29% to VND17,650.
Gasoline and diesel prices have been going down non-stop since mid-April.
Fuel prices globally dropped by 4-7% in the last 10 days as OPEC+ reduced its production by over 1.1 million barrels a day, according to the Ministry of Industry and Trade and Ministry of Finance.
RON92 gasoline dropped by over 7% to $83 per barrle.
RON95 fell 6.4% to $87.37 per barrel.
Questions & Answers
Q.What are the new prices for RON95 gasoline and diesel after the recent drops?
What are the new prices for RON95 gasoline and diesel after the recent drops?
RON95 gasoline now costs VND21,000 per litre, which is its lowest price since December 21. Diesel prices have dropped to VND17,650 per litre following the recent decline.
Q.What has caused the global drop in fuel prices mentioned in the article?
What has caused the global drop in fuel prices mentioned in the article?
Fuel prices globally decreased by 4-7% in the last 10 days. This reduction is attributed to OPEC+ cutting its oil production by over 1.1 million barrels per day.
Q.How long have fuel prices been declining in Vietnam according to the article?
How long have fuel prices been declining in Vietnam according to the article?
Fuel prices in Vietnam have been continuously falling since mid-April. This latest drop marks the third consecutive decrease in gasoline and diesel costs.
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