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Gasoline, diesel prices drop

By Aiko TanakaVietnam
1 min read
In this article (4)

Gasoline prices went down for the second time in a row Thursday, while diesel declined for the third straight time.

The popular gasoline RON95 fell 2.17% to VND23,020 ($0.95) per liter.

Diesel went down 2.87% to VND20,280.

Starting this week, the government will adjust retail fuel prices every Thursday instead of every 10 days as before.

Global fuel prices dropped slightly in the last ten days due to a decline in demand caused by economic recessions and rising U.S. crude oil inventory.

RON92 fell 2.9% to $91.09 per barrel, while RON95 dropped 2% to $97.26. Diesel declined 2.4% to $105.15.

Questions & Answers

Q.

How often will the government now adjust retail fuel prices?

A.

Starting this week, the government will adjust retail fuel prices every Thursday. This changes the previous schedule of adjustments occurring every 10 days.

Q.

What are the new prices for RON95 gasoline and diesel per litre?

A.

The new price for RON95 gasoline is VND23,020 per litre, following a 2.17% drop. Diesel prices have fallen to VND20,280 per litre.

Q.

What factors led to the slight drop in global fuel prices recently?

A.

Global fuel prices dropped slightly in the last ten days. This was due to a decline in demand caused by economic recessions and rising U.S. Crude oil inventory.

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