Gasoline prices near 5-month bottom
By Mei Ling Tan
1 min read
Gasoline prices in Vietnam continued their decline on Thursday and are now at the lowest since Jan. 11.
The popular fuel RON95 dropped 2.40% from a week ago to VND21,970 ($0.86) per liter.
It has been on a decline since mid-April, falling 12.9% in four weeks.
Diesel fell by 1.62% to VND19,420.
Regulators said that prices fluctuated in the last seven days due to rising supply in the U.S. and expectations of an increase in production in OPEC+ crude oil in the fourth quarter while the Russia-Ukraine military conflict continued.
Globally gasoline prices fell 3-4.3% and oils dropped 1.7-2.2%.