Gasoline prices hit 6-month high
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Gasoline prices on Thursday rose to the highest since early October while diesel dropped slightly.
The popular fuel RON95 went up 2.18% to VND24,810 ($1) per liter. Biofuel E5 RON92 gained 1.77% to VND23,620
Fuel prices fluctuated globally in the last seven days due to decline production at some Russian refineries and continuing tension in the Middle East, according to Vietnamese authorities.
Gasoline prices rose 2.2-2.5% while oils dropped 2-2.4%.
Questions & Answers
Q.What is the new price of RON95 fuel after the increase?
What is the new price of RON95 fuel after the increase?
The popular fuel RON95 now costs VND24,810 per litre. This represents a 2.18% increase, bringing its price to the highest level seen since early October.
Q.What factors led to the recent fluctuation in fuel prices?
What factors led to the recent fluctuation in fuel prices?
Global fuel prices fluctuated due to reduced production at certain Russian refineries. Also, ongoing tensions in the Middle East contributed to the changes, according to Vietnamese authorities.
Q.Did all fuel types experience a price increase?
Did all fuel types experience a price increase?
No, while gasoline prices rose by 2.2-2.5%, diesel oils actually dropped by 2-2.4%. Biofuel E5 RON92 also saw a price increase, gaining 1.77%.
Q.When were gasoline prices previously at this current level?
When were gasoline prices previously at this current level?
Gasoline prices have reached their highest point since early October. This indicates that current prices are now comparable to those seen approximately six months ago.
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