Simultaneous sharp decrease, gasoline price falls below 20,000 VND/liter

Gasoline prices reduced for the fourth consecutive time - Photo: Q. DINH

Accordingly, the price of RON 95 gasoline decreased by VND1,192/liter, the new selling price is VND19,635/liter. The price of E5 gasoline decreased by VND1,089/liter, to VND18,890 per liter.

Diesel 0.05S has a new price of 17,165 VND/liter, after a decrease of 927 VND/liter compared to the current base price. Kerosene has a new price of 17,790 VND/liter, a decrease of 934 VND/liter. Mazut 180CST 3.5S has a new price of 14,467 VND/kg, a decrease of 688 VND/kg.

Thus, gasoline prices continue to decline, with four consecutive decreases in nearly a month, continuing the continuous decline in previous months when there was only one increase in prices.

With the continuous price decrease, gasoline price has reached the lowest level this year.

In this operating period, the inter-ministerial committee continues to make no provision or expenditure. stabilization fund Gasoline prices with E5 RON 92 gasoline, RON 95 gasoline, diesel oil, kerosene, fuel oil.

According to the Ministry of Industry and Trade - Ministry of Finance, the world oil market in this management period (from September 5 to 11) is affected by factors such as: OPEC+ adjusted the forecast of oil demand in 2024 lower than the previous forecast and postponed the plan to increase oil production; China's oil demand remains weak; the military conflict between Russia and Ukraine continues...

The above factors have caused world oil prices to fluctuate in recent days, with the majority decreasing. Of which, the decrease in gasoline is 5-6% and oil is 4-5%.

So from the beginning of the year until now Gasoline price There were 17 increases and 18 decreases. Oil increased 15 times and decreased 20 times.

Source: https://tuoitre.vn/dong-loat-giam-sau-gia-xang-ve-duoi-20-000-dong-lit-20240912144835232.htm