During the operating period on May 8, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for all petroleum products.
Accordingly, E5 RON 92 gasoline decreased by 377 VND/liter compared to the current base price to 18,777 VND/liter, RON 95 III gasoline decreased by 407 VND to the new price of 19,179 VND/liter.
Diesel, kerosene and fuel oil prices all dropped sharply by VND550, VND623 and VND665, respectively, to VND16,809/liter, VND16,941/liter and VND15,533/kg.
It is known that the world oil market from May 5-7, 2025 is affected by major factors such as: increased tensions in the Middle East; OPEC+ accelerates the increase of oil production; the military conflict between Russia and Ukraine continues... Therefore, the world oil price in recent days has fluctuated up and down depending on the product.
Since the beginning of 2025, domestic gasoline prices have undergone 19 adjustment sessions, including 11 decreases, 7 increases and 1 opposite session.
Source: https://doanhnghiepvn.vn/kinh-te/gia-xang-ron-95-iii-ve-sat-moc-19-000-dong-lit/20250508030533153
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