Gasoline prices fall

Mar 8, 2024Updated Jun 4, 20251 min read

Gasoline and diesel prices dropped Thursday afternoon.

The popular fuel RON95 gasoline fell 1.55% from a week ago to VND23,550 ($0.95) per liter.

Biofuel E5 RON92 declined by 1.05% to VND22,510.

Diesel dropped 1.44% to VND20,470.

In the last seven days fuel prices swinged due to concerns that China would struggle to regain growth momentum, a rise in gold and cryptocurrency investment, and a reduction in OPEC production.

Globally gasoline prices dropped by 1.8-2.1% per barrel while oils dropped 1.1-1.9%.

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Mei Ling Tan

Contributor · RetailNews.asia

Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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