Gasoline prices rise
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Gasoline prices rose by around 2.4% while diesel prices dropped marginally on Thursday afternoon.
The popular gasoline RON95 went up 2.42% to VND22,010 ($0.94) per liter.
Biofuel RON92 gained 1.90% to VND20,870 per liter.
Diesel dropped 0.06% to VND17,940 per liter.
The government said that fuel prices have been fluctuating globally due to OPEC+’s production cuts, concerns of the U.S. public debt, stagnant industrial activity and high interest rates.x
Prices of gasoline products increased by 2.7-3.1% globally in the last 10 days, while oil fell 0.14-2.5%.
RON92 increased by 2.7% to $87.44 per barrel, while RON95 rose 3.1% to $92.43. Diesel fell 0.14% to $89.06.
Questions & Answers
Q.What was the exact price of RON95 gasoline per litre after the increase?
What was the exact price of RON95 gasoline per litre after the increase?
The popular gasoline RON95 went up by 2.42% to VND22,010 per litre. This figure converts to $0.94 per litre. This information was updated on Thursday afternoon.
Q.What factors did the government identify as influencing global fuel price fluctuations?
What factors did the government identify as influencing global fuel price fluctuations?
The government attributed the global fluctuation in fuel prices to OPEC+'s production cuts, concerns about the U.S. Public debt, stagnant industrial activity, and high interest rates worldwide.
Q.How much did the price of RON92 biofuel increase by in terms of percentage?
How much did the price of RON92 biofuel increase by in terms of percentage?
Biofuel RON92 saw a gain of 1.90% to reach VND20,870 per litre. In global terms, RON92 increased by 2.7% to $87.44 per barrel over the last ten days.
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