Gasoline price up to nearly 25,000 VND per liter

Each liter of RON 95 gasoline increased by 20 VND, oil products (except mazut) also increased by 580-630 VND depending on the type, from 3:00 p.m. today.

According to the joint management of the Ministry of Industry and Trade - Ministry of Finance today, the price of RON 95-III gasoline (the popular type on the market) increased by 20 VND, to 24,820 VND; E5 RON 92 decreased by 70 VND, to 23,840 VND per liter.

Oil products (except fuel oil) also increased and have new prices of 21,590-21,610 VND per liter or kilogram compared to 7 days ago. Fuel oil alone decreased by 290 VND to 17,000 VND per kilogram.

Gasoline and oil prices change as follows:

Item	New price	Change
Gasoline RON 95-III	24,820	+ 20
E5 RON 92 gasoline	23,840	- 70
Diesel	21,610	+ 630
Kerosene	21,590	+ 580
Fuel oil	17,000	- 290

Unit: VND/liter or kg, depending on type

Thus, from January 4th to now, gasoline and oil prices have increased 9 times and decreased 6 times. Similar to previous periods, today the joint ministries continue not to allocate or spend from the Price Stabilization Fund (except for fuel oil, the allocation level is 300 VND/kg).

The operator said that fuel prices fluctuated last week due to tensions in the Middle East that have not cooled down, OPEC+ extending its production cut policy, and the ongoing conflict between Russia and Ukraine.

On average, over the past 7 days, the price of finished gasoline increased by 0.3%, and oil by 3.4-4%. Accordingly, each barrel of RON 95 gasoline increased to 106.5 USD, diesel oil to 107.5 USD, and fuel oil to 503.6 USD per ton.

Phuong Dung

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