Gasoline, diesel prices fall
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Gasoline prices dropped slightly, while diesel slid to a three-month low Monday afternoon.
The popular fuel RON95 fell 1.63% to VND23,530 ($1), while biofuel E5 RON92 dropped 1.5% to VND22,270.
Diesel plunged 4.83% to VND20,880.
In the last 13 days fuel prices have fluctuated globally due to tightened supply after Russia and Saudi affirmed production cuts, the strengthening of the U.S. dollar, and the Middle East conflict.
RON92 fell 1.5% to $93.78 per barrel, while RON95 dropped 1.6% to $99.20. Diesel declined 3.6% to $105.29 per barrel.
Questions & Answers
Q.Which specific fuel type saw the largest price drop in percentage terms on Monday?
Which specific fuel type saw the largest price drop in percentage terms on Monday?
Diesel experienced the most significant price decrease on Monday, falling by 4.83% to reach VND20,880. This drop led to its lowest price in three months.
Q.What are the main factors cited for the recent fluctuations in global fuel prices?
What are the main factors cited for the recent fluctuations in global fuel prices?
Global fuel prices have fluctuated due to several factors over the last 13 days. These include tightened supply following production cuts by Russia and Saudi Arabia, a strengthening U.S. Dollar, and ongoing conflict in the Middle East.
Q.How much did RON95 and E5 RON92 drop in price on Monday?
How much did RON95 and E5 RON92 drop in price on Monday?
On Monday, the popular fuel RON95 dropped by 1.63% to VND23,530. Biofuel E5 RON92 also saw a decrease, falling by 1.5% to reach VND22,270 per unit.