Gasoline prices slightly decreased in the operating period on November 6

The Ministry of Industry and Trade has just issued urgent document No. 8728/BCT-TTTN dated November 6 to key traders and distributors of gasoline and oil regarding the management of domestic retail gasoline and oil prices.

According to the Ministry of Industry and Trade, in the past week (from October 30, 2025 to November 5, 2025), the world oil market was affected by main factors such as: The US Federal Reserve (Fed) cut interest rates; the USD increased in price; US crude oil inventories increased, US gasoline and distillate inventories decreased; OPEC+ agreed to slightly increase oil production in December 2025 and temporarily suspend the increase in oil production in the first quarter of 2026; the military conflict between Russia and Ukraine continued... The above factors caused world oil prices in recent days to increase and decrease depending on each product.

*From 3pm today (November 6), domestic gasoline prices have slightly decreased. Photo: Anh Nguyen*

Also last week, the average price of finished petroleum products in the world between the price adjustment period of October 30, 2025 and the adjustment period of November 6, 2025 was: 79.012 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (down 0.314 USD/barrel, equivalent to a decrease of 0.40%); 81.792 USD/barrel of RON95 gasoline (down 0.366 USD/barrel, equivalent to a decrease of 0.45%); 91.634 USD/barrel of kerosene (up 0.706 USD/barrel, equivalent to an increase of 0.78%); 91.626 USD/barrel of 0.05S diesel oil (up 0.684 USD/barrel, equivalent to an increase of 0.75%); 376,482 USD/ton of 180CST 3.5S fuel oil (down 11,160 USD/ton, equivalent to a decrease of 2.88%).

In response to the above developments in world oil prices, in this management period, the Ministry of Industry and Trade - Ministry of Finance decided to adjust down the selling prices of all types of gasoline; meanwhile, the adjustment of oil prices increased and decreased inconsistently.

Specifically, from 3:00 p.m. on November 6, the price of E5RON92 gasoline decreased by 78 VND/liter, the selling price is not higher than 19,682 VND/liter; the price of RON95-III gasoline decreased by 72 VND/liter, the selling price is not higher than 20,416 VND/liter.

Meanwhile, the price of 0.05S diesel oil increased by 120 VND/liter, the selling price is not higher than 19,323 VND/liter; the price of kerosene increased by 124 VND/liter, the selling price is not higher than 19,395 VND/liter; the price of 180CST 3.5S mazut oil decreased by 319 VND/kg, the selling price is not higher than 14,320 VND/kg.

The Ministry of Industry and Trade and the Ministry of Finance emphasized that the plan to manage gasoline prices aims to ensure that domestic gasoline price fluctuations are consistent with world gasoline price fluctuations.

At the same time, the petroleum management plan for this period also continues to maintain the price difference between E5RON92 bio-fuel and RON95 mineral gasoline at a reasonable level to encourage the use of bio-fuel according to the Government's policy; ensuring the harmony of interests among market participants.

Notably, during this operating period, the joint ministries did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

Previously, in the gasoline price management period on October 30, the Ministry of Industry and Trade - Ministry of Finance adjusted the price of E5RON92 gasoline to increase by 710 VND/liter; the price of RON95-III gasoline to increase by 762 VND/liter.

Source: https://congthuong.vn/gia-xang-giam-nhe-trong-ky-dieu-hanh-ngay-6-11-429264.html