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Gasoline prices reach 3-month peak

By Sarah Chen
1 min read
fuel
fuel
In this article (4)

Gasoline prices in Vietnam climbed to a three-month Thursday afternoon.

The popular fuel RON95 went up 1.99% from a week ago to VND21,000 (US$) per liter.

Diesel jumped 2.63% to VND18,730.

Fuel prices in the last seven days were affected by the European Union’s adoption of the 15th package of sanctions against Russia, a member of OPEC+. Prices were also influenced by geopolitical tensions in the Middle East and ongoing conflict between Russia and Ukraine.

RON95 went up 2.5-2.6% in the period while oils went up 2.6-3.1%. RON95 is now at $86.2 per barrel and diesel $89.6.

Questions & Answers

Q.

What is the new price of RON95 fuel per litre in Vietnam?

A.

The popular fuel RON95 now costs VND21,000 per litre. This is a 1.99% increase from the price recorded a week ago, reaching a three-month peak. It was also noted that RON95 went up 2.5-2.6% in the period.

Q.

Which global events influenced the recent rise in fuel prices?

A.

Fuel prices were affected by several factors. These include the European Union's 15th package of sanctions against Russia, geopolitical tensions in the Middle East, and the ongoing conflict between Russia and Ukraine. These events contributed to the price increases.

Q.

What is the current barrel price for RON95 and diesel?

A.

RON95 is currently priced at $86.2 per barrel. Diesel is slightly higher, trading at $89.6 per barrel. This information provides a context for the recent increases in fuel costs.

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