Gasoline price up

Gasoline prices on Thursday increased after hitting a six-month low last week while diesel remained steady.

The popular gasoline RON95 gained 2.24% to VND20,080 (US$0.79) per liter.

Biofuel E5 RON92 added 2.13% to VND19,690.

Diesel stayed at VND17,890, steady at the lowest since early October last year.

Regulators said that fuel prices in the last seven days fluctuated due to a decline in U.S. gasoline and oil product inventories, renewed tensions in the Middle East, and uncertainty surrounding U.S. tax policies on goods from other countries.

Gasolines dropped 2.7-2.8% while oils (except diesel) declined by 0.2-0.5%. RON95 is now at $80.8 per barrel and diesel at $84.1.