Gasoline prices plummeted sharply from the afternoon of December 26th.

Gasoline prices will decrease across the board from 3 PM today (December 26), following an adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Fuel prices decreased from 3 PM today (December 26), following an adjustment by the Ministry of Industry and Trade and the Ministry of Finance. Photo: Hai Nguyen

In today's price adjustment on December 26th, the price of E5 RON 92 gasoline decreased compared to the previous adjustment, reaching 19,817 VND/liter (a decrease of 427 VND/liter). The price of RON 95-III gasoline also decreased compared to the previous adjustment, reaching 20,547 VND/liter (a decrease of 457 VND/liter).

Prices of petroleum products fluctuated. Specifically, diesel 0.05S was priced at 18,630 VND/liter (down 103 VND/liter); kerosene was priced at 18,708 VND (down 260 VND/liter); and fuel oil was priced at 15,970 VND/kg (up 67 VND/kg).

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Domestic gasoline prices continue to fall sharply.

Domestic gasoline prices are forecast to increase starting this afternoon.

Gasoline prices could increase by 0.6-2.2% if the inter-ministerial committee does not allocate funds to the price stabilization fund.

Also during today's price adjustment period, the operator neither allocated funds nor used the Fuel Price Stabilization Fund (BOG) for any petroleum products.

Previously, domestic retail gasoline and diesel prices in the adjustment on December 19th were as follows:

E5 RON 92 gasoline should not exceed 20,244 VND/liter.

RON 95-III gasoline should not exceed 21,004 VND/liter.

Diesel fuel prices should not exceed 18,733 VND/liter.

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Kerosene should not exceed 18,968 VND/liter.

Fuel oil price should not exceed 15,903 VND/kg.

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