The Ministry of Industry and Trade has just issued urgent document No. 9817/BCT-TTTN dated December 11th to petroleum wholesalers and distributors regarding the management of domestic retail gasoline and diesel prices.
The Ministry of Industry and Trade stated that the global oil market during this price adjustment period (from December 4th to December 10th, 2025) was influenced by several key factors, including: 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; and Ukraine's attack on Russian oil tankers. These factors have caused global oil prices to fluctuate, rising and falling depending on the specific product.
The average price of refined petroleum products in the world between the price adjustment period of December 4, 2025 and the price adjustment period of December 11, 2025 is as follows: 78.368 USD/barrel for RON92 gasoline used to blend E5RON92 gasoline (down 1.142 USD/barrel, equivalent to a 1.44% decrease); 79.890 USD/barrel for RON95 gasoline (down 1.942 USD/barrel, equivalent to a 2.37% decrease); 87.160 USD/barrel for kerosene (down 1.422 USD/barrel, equivalent to a 1.61% decrease); 84.828 USD/barrel for 0.05S diesel oil (down 1.270 USD/barrel, equivalent to a 1.48% decrease). 343,070 USD/ton for 180CST 3.5S fuel oil (down 1,506 USD/ton, equivalent to a 0.44% decrease).

RON95-III gasoline prices have dropped sharply, nearing 20,000 VND/liter. Photo: Hai Trung
Therefore, in light of the aforementioned developments in global oil prices, along with fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade and the Ministry of Finance have decided to simultaneously reduce the prices of all petroleum products from 3 PM on December 11, 2025.
Therefore, from 3 PM today, the price of E5RON92 gasoline will decrease by 207 VND/liter, with the selling price not exceeding 19,615 VND/liter; the price of RON95-III gasoline will decrease by 378 VND/liter, with the selling price not exceeding 20,082 VND/liter.
Similarly, during this price adjustment period, the price of 0.05S diesel decreased by 226 VND/liter, with the selling price not exceeding 18,154 VND/liter; the price of kerosene decreased by 252 VND/liter, with the selling price not exceeding 18,641 VND/liter; and the price of 180CST 3.5S fuel oil decreased by 43 VND/kg, with the selling price not exceeding 13,393 VND/kg.
Also during this price adjustment period, the Ministry of Industry and Trade - Ministry of Finance did not allocate or utilize the Fuel Price Stabilization Fund for E5 RON92 gasoline, RON95 gasoline, diesel fuel, kerosene, and fuel oil.
The inter-ministerial committee emphasized that the plan for managing gasoline and diesel prices aims to ensure that domestic gasoline and diesel price fluctuations are consistent with world gasoline and diesel price fluctuations; to continue maintaining a reasonable price difference between E5RON92 bio-gasoline and RON95 mineral gasoline to encourage the use of biofuels in accordance with the Government's policy; and to ensure a balance of interests among market participants.
Previously, in the price adjustment on December 4th, the Ministry of Industry and Trade - Ministry of Finance decided to increase the prices of gasoline and decrease the prices of diesel. Accordingly, the price of E5 RON92 gasoline increased by 534 VND/liter, to 19,822 VND/liter; RON 95-III gasoline increased by 451 VND/liter, to 20,460 VND/liter.
Source: https://congthuong.vn/gia-xang-dau-giam-manh-trong-ky-dieu-hanh-ngay-11-12-2025-434356.html






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