Fuel prices have dropped across the board, with some gasoline products falling below 20,000 VND/liter.

At 3 PM on December 11th, the Ministry of Industry and Trade and the Ministry of Finance jointly adjusted and reduced the prices of petroleum products.

At 3 PM on December 11th, the Ministry of Industry and Trade and the Ministry of Finance jointly adjusted and reduced the prices of petroleum products.

The Inter-Ministerial Committee decided to reduce the price of E5RON92 gasoline by 207 VND/liter compared to the current base price, to 19,615 VND/liter; and the price of RON95-III gasoline by 378 VND/liter, to 20,082 VND/liter.

Fuel prices were uniformly reduced in the price adjustment period of December 11th.

Prices of petroleum products were also adjusted downwards. Diesel fuel prices decreased by 0.05S, down 226 VND/liter compared to the current base price, to 18,154 VND/liter; kerosene prices decreased by 252 VND/liter, to 18,641 VND/liter. Mazut 180CST 3.5S prices decreased by 43 VND/kg, to 13,393 VND/kg.

In this price adjustment period, the Inter-Ministerial Committee continues to neither allocate funds nor utilize the Fuel Price Stabilization Fund for petroleum products.

How have world oil prices fluctuated?

According to the regulatory body, the global oil market during this price adjustment period was influenced by key factors such as: the US Federal Reserve's decision to lower interest rates; information related to the peace agreement between Russia and Ukraine; the ongoing military conflict between Russia and Ukraine, including Ukraine's attack on Russian oil tankers…

The factors mentioned above have caused world oil prices to fluctuate, rising and falling depending on the specific product, in recent days.

Thus, gasoline prices have decreased again after the increase 7 days ago. Specifically, in the previous price adjustment, the regulatory agency decided to increase the price of E5RON92 gasoline by 534 VND/liter compared to the current base price, to 19,822 VND/liter; RON95-III gasoline increased by 451 VND/liter, to 20,460 VND/liter.

According to nld.com.vn

Source: https://baovinhlong.com.vn/kinh-te/202512/gia-xang-dau-giam-dong-loat-co-mat-hang-xang-ve-duoi-20000-donglit-72c2991/