Gasoline, diesel prices drop
In this article (4)
Vietnam gasoline and diesel price both declined Thursday afternoon.
The popular fuel RON95 fell 0.39% to VND20,520 (US$0.81) per liter Thursday morning.
Biofuel E5 RON92 went down by 0.57% to VND19,340 per liter.
Diesel dropped 0.38% to VND18,500.
Regulators said that fuel prices in the last seven days were affected by China’s economic stimulus plans failing to meet investors’ expectations, and ongoing tensions in the Middle East and between Russia and Ukraine.
Gasolines fell by 0.6-0.9% in the period and oils went down 0.5%. RON92 is now at $83.6 per barrel and diesel $88.2.
Questions & Answers
Q.What percentage did RON95 gasoline prices fall on Thursday?
What percentage did RON95 gasoline prices fall on Thursday?
The popular fuel RON95 fell by 0.39% on Thursday afternoon. This brought its price to VND20,520 per litre, equivalent to US$0.81.
Q.What factors did regulators say influenced the fuel price drop?
What factors did regulators say influenced the fuel price drop?
Regulators stated that fuel prices were affected by China's economic stimulus plans not meeting investor expectations. Ongoing tensions in the Middle East and between Russia and Ukraine also played a part.
Q.What are the current barrel prices for RON92 and diesel?
What are the current barrel prices for RON92 and diesel?
RON92 is currently priced at $83.6 per barrel. Diesel is slightly higher, trading at $88.2 per barrel after its recent drop.
Reader pulse
How will lower fuel prices impact retail in Vietnam?
20,553 votes so far