Gasoline prices slip from 3-month high

Gasoline and diesel prices both fell Thursday afternoon, hovering around the same level since mid-October, after reaching a three-month peak last week.

The popular fuel RON95 dropped 2.19% to VND20,540 (US$0.81) per liter.

Diesel declined by 0.53% to VND18,630.

Regulators said that fuel prices in the last seven days were affected by the European Union’s adoption of a sanction package against Russia, geopolitical tensions in the Middle East, and the ongoing military conflict between Russia and the Ukraine.

RON95 dropped 3-3.1% in the period while oils fell 0.8-1.9%. RON95 is now priced at $83.7 per barrel and diesel at $88.8.