Gasoline prices slip after 5 weeks rising
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Gasoline prices on Thursday fell slightly after increasing non-stop since early June.
The popular fuel RON95 dropped 1.10% to VND23,290 ($0.92) per liter. Biofuel E5 RON92 declined by 0.80% to VND22,280.
Diesel fell 1.61% to VND20,830.
Global gasoline prices in the last seven days were affected by possible ceasefire deals in the Gaza, the U.S. entering summer travel peak time, and the ongoing conflict between Russia and Ukraine, according to regulators.
Gasoline has dropped by 0.1-0.4% while oils fell 1-1.4% in the period. RON95 is now at $97.8 per barrel, and diesel at $101.2.
Questions & Answers
Q.What were the new prices for RON95 and E5 RON92 after the recent fall?
What were the new prices for RON95 and E5 RON92 after the recent fall?
RON95 now costs VND23,290 per litre, while Biofuel E5 RON92 is priced at VND22,280 per litre. These figures reflect the slight decrease after five weeks of rising prices.
Q.What factors did regulators state influenced global gasoline prices over the last week?
What factors did regulators state influenced global gasoline prices over the last week?
Regulators attributed global price movements to potential ceasefire deals in Gaza, the U.S. Entering its summer travel peak, and the ongoing conflict between Russia and Ukraine. These events collectively impacted market sentiment.
Q.How much have RON95 and diesel prices per barrel dropped recently?
How much have RON95 and diesel prices per barrel dropped recently?
RON95 has dropped to $97.8 per barrel, while diesel is now at $101.2 per barrel. The article notes that gasoline saw a 0.1-0.4% drop and oils fell 1-1.4% during the period.
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