Gasoline, diesel prices drop

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.