Gasoline prices are nearing 20,000 VND/liter.

DNVN - From 3 PM on December 11th, retail prices of all petroleum products were adjusted downwards, bringing the price of RON 95 gasoline close to 20,000 VND/liter.

The Ministry of Industry and Trade and the Ministry of Finance have just announced a plan to manage gasoline and diesel prices, effective from 3 PM on December 11th. Accordingly, retail prices of all gasoline and diesel products in the country will be adjusted downwards in line with the general trend of the world market.

Specifically, after implementing regulations on the allocation and use of the Fuel Price Stabilization Fund (BOG), the price of E5 RON 92 gasoline was adjusted down by 207 VND/liter to 19,615 VND/liter, and RON 95 III gasoline was reduced by 378 VND/liter to a new level of 20,082 VND/liter.

Thus, the price of RON 95 gasoline is now only about 467 VND/liter higher than E5 RON 92 gasoline. This difference is considered reasonable by the regulatory agency to continue encouraging people to use biofuels in accordance with the Government 's policy.

Fuel prices will decrease across the board from 3 PM on December 11, 2025.

Diesel, kerosene, and fuel oil prices decreased by 226 dong, 252 dong, and 43 dong respectively, to new prices of 18,154 dong/liter, 18,641 dong/liter, and 13,393 dong/kg.

Explaining the reason for the domestic price drop, the regulatory agency stated that the global oil market from December 4-10, 2025 was influenced by a combination of factors: the US Federal Reserve (Fed) lowering interest rates; information surrounding the peace agreement and developments in the military conflict between Russia and Ukraine... These factors caused the price of refined petroleum products in the world to fall sharply by 0.44% to 2.37%.

In this price adjustment period, the Ministry of Industry and Trade and the Ministry of Finance decided not to allocate or use the Price Stabilization Fund (BOG) for all petroleum products. This decision aims to ensure that domestic petroleum price fluctuations are in line with global developments, while also ensuring a balance of interests among market participants.

Nguyet Minh

Source: https://doanhnghiepvn.vn/kinh-te/gia-xang-ve-sat-moc-20-000-dong-lit/20251211023958007